Author: Roberto Jacobs (3rjfx)
William's Percent Range Multi-Timeframe Indicator for MT5, it eliminates the need to switch between charts by scanning 21 different timeframes simultaneously—from M1 to Monthly (MN1)
1. Introduction
The Williams' Percent Range (WPR) is a highly respected momentum oscillator used by technical analysts to identify overbought and oversold conditions. However, the standard MetaTrader 5 (MT5) version of this indicator often confuses traders because it utilizes negative values (ranging from 0 to -100).
So, the value of the Williams’ Percent Range Multi-Timeframe indicator in the WPR_MTF indicator is not obtained using the Indicator Handle. Instead, the structure and code of the Williams’ Percent Range indicator because I created the iWPR Plus code, so I can write the code directly in the function.
