WPR Support Resistance trading levels indicator

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WPR Support Resistance trading levels indicator uses readings of the Williams Percent Range indicator to plot levels on the chart support и resistance in the MetaTrader 5 terminal.

When a significant WPR level is broken (level value is set in the parameters), the WPR Support Resistance indicator opens a new support or resistance level on the main chart.

WPR Support Resistance trading levels indicator It is recommended to use it in the same way as other support/resistance indicators: as an indicator of support/resistance line breakdown used for setting stop-loss and take-profit levels for open positions.

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Other trading indicators for MT5

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