Expert advisor that trade in the trend of EMA and buy/sell signals get from Williams %R
I have tried to create an Expert advisor that could by traded with 1000 EUR starting equity and to minimize the drawdown. Hope you like it. I appreciate every feedback.
Optimized for EURUSD 5 min
I have removed some bugs, removed position sizing, add some inputs.
You use it on your own risk. I am not responsible for your loss, you have to change, test and optimize it for your purpose.
have not optimized it
old versions:
inputs:
externstring    separator1 = "------trend settings------";
externbool      useEMAtrend = true;              // trade in EMA trendexternint      barsInTrend = 1;                  // how many bars should be in trendexterndouble    EMAtrend = 144;                  // EMA period for trendexternstring    separator2 = "------WPR settings------";
externdouble    iWPRPeriod = 46;                  // WPR period for enter and exitexterndouble    iWPRRetracement = 30;            // minimal retracement for WPR to allow another tradeexternbool      useWPRExit = true;                // use exit with WPR indicatorexternstring    separator3 = "------position settings------";
externdouble    lots = 0.1;                      // fixed lot sizeexternint      maxTrades = 2;                    // max trades allowed for pyramidingexterndouble    stop_loss = 50;                  // stop lossexterndouble    take_profit = 200;                // take profitexternbool      useTrailingStop = false;          // use trailing stopexterndouble    trailing_stop = 10;              // trail stop lossexternbool      useUnprofitExit = false;          // exit trade when trade was not in profit in defined amount of barsexternint      maxUnprofitBars = 5;              // amount of bars not in profit
Simplified "EuroSurge" Expert Advisor (EA) for… This code represents a simplified version of "EuroSurge" Expert Advisor (EA) for MetaTrader 4 (MT4). It implements multiple technical indicators…
