Vinni Trend WPR is a free custom built mt4 (Metatrader 4) oscillator-type indicator that identifies rising and falling market trends.
WPR stands for “Williams’ Percent Range”.
The indicator appears in a separate MT4 chart window as an array of yellow colored histogram bars without extreme borders.
Vinni Trend WPR is a versatile technical indicator that can be used in multiple ways.
Free Download
Download the “VininI_Trend_WPR.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The example chart below displays the Vinni Trend WPR mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy when trading with the custom built Vinni Trend WPR Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: WPR
Does it repaint? No.
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Download the “VininI_Trend_WPR.mq4” indicator for Metatrader 4
