The outside levels expand and contract using a kind of adaptable higher timeframe range calculation combined with the overbought/oversold levels along with the ma calculation (in this case the double Jurik filter). As usual Mladen made the original OnChart Wpr, I added the Jurik smoothing and not sure who added the extra the inner bands but think it was an interesting touch to it.moey_dw wrote: Mon Apr 28, 2025 8:11 pm Very striking indicator mrtoolz.......... i love it because the wpr out side levels will expand and contract on the volatility!!! Is this because of ATR calculations?? We dont get this on static level WPR so this is like a dynamic levels now!!!
Re: WPR Indicators for MT4
211Shalom Shalom! 