I tell you everything is back to front with the %R as far as the numbers being all negative, you really have to watch it when you are coding.
This indicator has some features that the other Bars indicators do not have.
#1 Adjustable TimeFrames - You can now set the TimeFrames for each column of bars to your own trading requirements
Under the inputs you will see this the "TF" symbol represents each column of Bars TF1 the far left to TF6 the right side Bar
IIIIIIIIIIIIIIIIIIIIIIII="<<<< Adjustable TimeFrames >>>>>>>>>>>>>>>>>>>>>>>>";
TF1 = 1;
TF2 = 5;
TF3 = 15;
TF4 = 30;
TF5 = 60;
TF6 = 240;
#2 The Periods are now individually adjustable for each TimeFrame
Look under inputs & you will see
IIIIIIIIIIIIIIIIIIIIIII="<< STD & Adjustable WPR Periods >>>>>>>>>>>>>>>>>>>>>>>>";
Common_WPR_Period = 50;
Allow_Separate_Settings = false;
Period_LabelColor = Silver;
TF1_Period = 14;
TF2_Period = 14;
TF3_Period = 50;
TF4_Period = 120;
TF5_Period = 120;
TF6_Period = 240;
If the
Allow_Separate_Settings = true; Then each individual TimeFrame can be set to different Periods.
If left as false all the TimeFrames are set to the same Period
#3 As is the case in the other Bar indicators this WPR also has a Multi Number and can be set in many different ways on the same chart
WPRMulti_Num =
12345;
#4 A digit readout of each Timeframe can be turned ON/OFF & the EXTREME level can be altered this feature allows the Digits to change color when certain predefined levels are exceeded.
Now updated so that the UPPER & LOWER dotted lines & Labels also change
IIIIIIIIIIIIIIIIIIIIIIIIIIIII="<<<< WPR Lower Digit Levels >>>>>>>>>>>>>>>>";
Show_Digits =
true;
Digit_Number_UPcolor = OrangeRed;
Digit_Number_DNcolor = OrangeRed;
Digit_Number_ZEROcolor = Gray;
WPR_UpperEXTREME = -20;
WPR_LowerEXTREME = -80;
Let me know if anything needs to be altered as this is not an indicator i am very familiar with so i am sure things could be improved by the people who use The WPR on a regular basis.
WPR_Bars.gif
WPR_Bars_M#.ex4
22/09/2007
Updated code for EXTREME levels.
24/09/2007
I have recoded the indicator & added 2 extra levels, the levels are now adjustable - look under inputs & you can see the adjustable settings like this.
IIIIIIIIIIIIIIIIIIIIIIIIIIII="<<<< WPR Adjustable Levels >>>>>>>>>>>>>>>>";
WPR_UpperEXTREME = -5;
WPR_UpperLEVEL = -15;
WPR_UpperMIDLEVEL = -30;
WPR_LowerMIDLEVEL = -70;
WPR_LowerLEVEL = -85;
WPR_LowerEXTREME = -95;
The above settings are the DEFAULT
See below screenshot for comparison with original WPR_Bars indicator & a few different set up options displayed. Between the 2 indicators you should be able to find 1 that suits your requirements
wpr new.gif
WPR_Bars_M#_v1.ex4
1/10/2007
Updated indicator to show direction of WPR line as to whether it is pointing up or down. See theScreenshot on Post #16
WPR_Bars_M#_v2.ex4