Author: Vinin
Looking to enhance your trading strategy? Let me introduce you to the VininI WPR FO, a smoothed version of Larry Williams' Percent Range that utilizes the Inverse Fisher Transform for more accurate signal generation.
This powerful indicator is designed to provide clear buy and sell signals. You'll want to consider taking a long position when the indicator crosses above -0.5 or 0.5, especially if it has previously crossed -0.5. Conversely, look to sell when the indicator dips below 0.5 or -0.5, provided it hasn't crossed 0.5 in that direction recently.
To get started, you’ll need to include the SmoothAlgorithms.mqh library classes in your terminal_data_folder\MQL5\Include directory. For a detailed guide on using these classes, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Originally developed in MQL4 and shared in the Code Base back on May 11, 2009, this indicator has proven its worth over the years.
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