IVJempol Arrow Indicator: Two Variants of Trading Signals

IVJempol Arrow Indicator is based on the standard indicator of the MetaTrader 4 platform Williams' Percent Range and was finalized by the users of forexsystemsr.com forum vaas04 and mobidik.

The standard WPR indicator is similar to Stochastic and allows to find zones overbought и oversoldand also the price reversal points. The IVJempol arrow indicator displays an arrow of the appropriate color and direction at potential reversal points.

The IVJempol indicator is presented in two versions: arrow and as a histogram. Our experts recommend using IVJempol arrow indicator as an independent source of trading signals only in combination with other indicators to filter out false signals.

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