How Williams Percent Range Signals and Arithmetic Period Lines Define a Trend Indicator

Summary

This document describes a trend indicator that derives its values from signals in Williams Percent Range and a group of signal lines whose periods increase in an arithmetic progression. The combination is presented as a way to determine trend direction from multiple WPR-based inputs with differing periods.

The indicator depends on a smoothing library for intermediate calculations, which must be installed for implementation. The text points to a prior article for details about those calculations and notes an earlier MQL4 implementation. It provides no parameter values, signal interpretation rules, chart evidence, or performance results, so it is a brief description of the indicator’s construction rather than a trading method or validation study.

Key ideas

• The trend indicator bases its values on Williams Percent Range signals.
• It combines signal lines with periods spaced in an arithmetic progression.
• Implementation relies on a separate smoothing library for intermediate calculations.
• The description provides no trading rules or evidence of profitability.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.