The product combines the best features of the standard WPR oscillator with the adaptive digital filter.
The indicator allows entering and exiting the market at the very beginning and end of a trend.
The indicator generates high-probability signals while retaining high sensitivity.
The indicator does not repaint on fully formed bars.
Options:
- Ind_Price - price used for the indicator calculation;
- Ind_Period - indicator period.
Application rules:
- A big red dot - a strong bearish trend, if the price breaks the bar's low - sell;
- A small red dot - a weak bearish trend, when the price breaks the bar's high - buy;
- Big green dot - a strong bullish trend, when the price breaks the bar's high - buy;
- A small green dot - a weak bullish trend, if the price breaks the bar's low - sell;
- Open a position only in the direction of the long-term trend;
- A signal against a long-term trend is used only to close previously opened positions.
