WPR Histogram Vol Indicator MT5
Platform: MT5 Type: Volatility Last update: December 29, 2025The WPR Histogram Vol Indicator for MT5 is, as the name suggests, a forex volume indicator based on Williams Percentage Rate. It is developed on the following formula: (WPR + 50) * Volume.
For quite understandable reasons, the recalculation of overbought and oversold levels in such a modified oscillator should be performed using the same formula. In the final version, these levels are no longer permanent. Two levels with the appropriate breakout indication were used.
Example chart:
