Technical Indicators for MetaTrader 4

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MetaTrader 4

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Early WPR divergence indicator MT4

early-wpr-divergence-indicator-mt4-logo-200x200-1391
199 $149 $

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Information

Indicators
MetaTrader 4
Ekaterina Saltykova
1.10
5

Overview

Early WPR divergence - is the manual system to define trend reverse. Green histogram shows main trend, Orange one - shows "short"/local trend. System is looking for clear divergence between both trends and pick up position(plot buy/sell arrows). When main trend is up, but local trend reverses to bearish trend and get's big power - sell arrow is plotted;  When main trend is down, but local trend reverses to bullish trend and get's big power - buy arrow is plotted; 

Main inputs are :

  • mediumTrendPeriod - main period for trend calculation;
  • localTrendPeriod - short period for trend calculation;
  • zeroTrigger - neutral point for medium and local trends;
  • upTrigger - strong Bullish point for medium trend; 
  • dnTrigger - strong Bearish point for medium trend;

Main Indicator's Features

  • Signals are not repaint,non-late or disappear(exept cases when system recalculates all history datas,refreshing main settings or Metatrader refreshes new incomming datas);
  • Every signal comes at the open of new bar(system uses only confirmed signals);
  • Indicator has Alerts, Mail and Push notifications(allow to trade out of PC, from smartphone/mobile app);
  • Possible to disable arrow strategy and use only histogram. 

Recommendations for trading 

  • Scalping timefrsmes: M1-M15 range;
  • Volatility pairs like EURUSD, GBPUSD, USDCAD, GOLD, Crypto;


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