Forex WPR Fast Indicator

Forex WPR Fast Indicator

Forex WPR Fast Indicator is an indicator based on Larry Williams’ oscillator %R, or WPR (Williams’ Percent Range). It shows a short-term market tone. If there are red dashes drawn in the hystogram, the Bear mood prevails. If they are blue, the Bull mood does.

The WPRfast indicator is used together with the WPRSlow indicator. It is recommended to open a short position when dashes are red on both hystograms, and open a long when they are blue in both.

Forex WPR Fast Indicator

What does Forex Indicator mean?

A forex indicator is a statistical tool that currency traders use to make judgements about the direction of a currency pair’s price action. Forex indicators come in many types, including leading indicators, lagging indicators, confirming indicators and so on. Popular forex indicators include moving averages, relative strength index (RSI) and average true range (ATR). A forex trader must choose the indicators that fit his or her trading strategy.

How to install Forex WPR Fast Indicator?

  • Download Forex WPR Fast Indicator.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex indicator
  • Load indicator on your chart

How to uninstall Forex WPR Fast Indicator?

To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.

Download Free Forex WPR Fast Indicator

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