Metro Wpr Sign.mq5
From the Old Kings archive: Metro Wpr Sign.mq5, an indicator for MetaTrader 5. In the code it works with ATR and an oscillator. It draws arrows on the chart. It has 3 settings, for example Period WPR (default 7), Step Size Fast (default 5) and Step Size Slow (default 15). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About Metro Wpr Sign.mq5
Metro Wpr Sign.mq5 is an indicator for MetaTrader 5 based on ATR and Oscillator. It draws buy and sell arrows on the chart. It has 3 settings, such as Period wpr, Step size fast and Step size slow. MQL source code included.
Files in the download: metro_wpr_sign.mq5, picture__47.png, red this.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period wpr | 7 | Number of bars in the calculation |
| Step size fast | 5 | Distance between orders |
| Step size slow | 15 | Distance between orders |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · ATR · Oscillator · MT5 Indicator · MQL5 Source Code