Fractal WPR Indicator for MT5 FREE DOWNLOAD


In the complex world of financial trading, having the right tools at your disposal can make all the difference. Technical indicators serve as essential aids for traders, offering insights and guidance. One such tool that deserves your attention is the Fractal WPR (Williams Percent Range) Indicator for MetaTrader 5 (MT5). This article delves into the Fractal WPR Indicator, which is available for free download and can significantly improve your trading strategies.

Understanding the Williams Percent Range (WPR) Indicator

Before we explore the Fractal WPR Indicator, let’s briefly revisit the Williams Percent Range (WPR) itself. Developed by legendary trader Larry Williams, the WPR is a momentum oscillator used to identify overbought and oversold conditions in financial markets.

The WPR measures the relationship between the current closing price and the highest high (HH) and lowest low (LL) over a specified period. It oscillates between -100 and 0, with readings above -20 suggesting overbought conditions and readings below -80 indicating oversold conditions.

Traders use the WPR to spot potential trend reversals or continuations, identify divergence patterns, and pinpoint potential entry and exit points.

Fractal WPR Indicator Overview

The Fractal WPR Indicator is an innovative version of the traditional WPR. It combines the power of the WPR with fractals to provide traders with a more refined and accurate tool for analyzing market conditions and potential trade setups.

Key Features and Benefits of the Fractal WPR Indicator:

  1. Fractal Integration: The Fractal WPR Indicator incorporates fractals, which are patterns that signify potential reversal points. This integration enhances the indicator’s ability to spot significant turning points in the market.
  2. Customizable Parameters: Traders can customize the indicator’s settings, including the period, overbought and oversold levels, and display options to align with their specific trading strategies and preferences.
  3. Clear Signals: The Fractal WPR Indicator enhances signal clarity, reducing noise and false signals. Traders can have greater confidence in the signals generated by the indicator.
  4. Versatile Time Frames: The indicator can be used across different time frames, catering to various trading styles, from day trading to long-term investing.

How to Use the Fractal WPR Indicator

Here is a step-by-step guide on how to effectively use the Fractal WPR Indicator in your trading:

  1. Download and Install: Start by downloading the Fractal WPR Indicator for MT5 from a reputable source. Follow the installation instructions to integrate it into your MT5 platform.
  2. Apply the Indicator: Once installed, apply the indicator to your preferred trading chart. You can customize the settings according to your trading strategy, including the period and overbought/oversold levels.
  3. Interpret the Signals: Pay close attention to the signals generated by the Fractal WPR Indicator. Overbought conditions are usually signaled when the indicator rises above a specified level (e.g., -20), while oversold conditions are indicated when it falls below another specified level (e.g., -80).
  4. Combine with Other Analysis: While the Fractal WPR Indicator is a powerful tool, it’s essential to combine it with other technical and fundamental analysis to make well-informed trading decisions.


The Fractal WPR Indicator for MT5 is a valuable and advanced tool that can significantly enhance your trading experience. By combining the WPR with fractals, it offers a more refined view of market conditions, making it easier to spot significant turning points.

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