The logic is quite simple and based on the alternation of narrow and wide ranges. Draw the indicator in the following way:
- The histogram of the range of each candlestick (high – low).
- The line of average value of the range.
- The histogram of candlesticks body (abs(close – open)).
- The line of the average value of candlesticks body.
If there are several candlesticks in a row and both the range and the body size are less than their average value, so the next bar with the extended range is expected. Besides, if we have a series of candlesticks with the range and body size less than average and these candlesticks are located on the same price level, then a strong single directed movement is expected.
MT5 Tuse – Tilmaamaha Download
WideRangePredictor is a Metatrader 5 (MT5) tilmaame iyo nuxurka Tilmaame Forex ee waa in aan baddalno xogta taariikhda ururay.
WideRangePredictor provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Iyadoo ku saleysan macluumaadkan, ganacsatada u qaadan karin dhaqdhaqaaqa qiimaha dheeraad ah iyo hagaajinta istaraatijiyad waafaqsan.
How to install WideRangePredictor.mq5?
- Download WideRangePredictor.mq5
- Copy WideRangePredictor.mq5 to your Metatrader Directory / khubaro / tilmaamayaasha /
- Bilow ama la bilaabi aad Metatrader 5 Client
- Dooro Chart iyo Qaabdhismeedka waqtiga meesha aad rabto in aad tijaabiso si aad tilmaame
- Search “Custom Muujiyeyaasha” in aad Navigator inta badan ka tagay ee Metatrader 5 Client
- Right click on WideRangePredictor.mq5
- Ku soo lifaaq shaxda ah
- Taariikhda dib u habeynta goobaha ama ok-saxaafadeed
- Indicator WideRangePredictor.mq5 is available on your Chart
How to remove WideRangePredictor.mq5 from your Metatrader 5 Chart?
- Dooro shaxda meesha yahay tilmaamuhu ka jira Client Metatrader
- Xaqa riix galay shaxda
- “Liiska Muujiyeyaasha”
- Dooro Tuse iyo tirtirto
Riix halkan hoose si aad u dejisan MT5 Tuse:
I prefer using MetaTrader 4, however couldn’t find an MT4 indicator. So I decided to code the indicator myself.
For those who want the MT4 Indicator, you may download it here:
http://www.mediafire.com/file/mks1lsoyik8c205/WideRangePredictorMT4.zip
Here’s a screenshot of the MT4 Indicator:
http://www.image-share.com/upload/3987/236.png
I prefer using MetaTrader 4. I couldn’t find the MT4 Indicator, so I decided to code it myself and share it with you.
MT4 Indicator download link:
http://www.mediafire.com/file/mks1lsoyik8c205/WideRangePredictorMT4.zip
MT4 Indicator screenshot:
http://www.image-share.com/upload/3987/236.png