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Bollinger with WPR demo

4.33

This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1).

The EA can be used on timeframes from M5 to H4. Before installing for each timeframe, do not forget to optimize the parameters.

Input parameters

  • Magic - unique identifier (use different magic numbers if multiple Expert Advisors run in your terminal).
  • TakeProfit - take profit in points.
  • MaxStopLoss - maximum possible stop loss (in points).
  • PeriodDynamicStop - dynamic stop loss calculation period (if 0, the maximum stop loss is used).
  • DynamicStopFactor - dynamic stop loss calculation multiplier.
  • MaxCountBuyOrders - the maximum number of buy deals opened at a time (recommended 1-3).
  • MaxCountSellOrders - the maximum number of sell deals opened at a time (recommended 1-3).
  • CountBarsBetweenTrades - the minimum number of bars required to open an additional deal (recommended from 5 to 20).
  • TradeEveryTick - trade each new tick (slows down optimization, but may improve profit in real trading).
  • BollingerPeriod - Bollinger bands period.
  • BollingerDeviations - Bollinger bands deviations.
  • Bollinger2Enable - enable/disable the second Bollinger bands indicator.
  • Bollinger2Period - second Bollinger bands indicator period.
  • Bollinger2Deviations - second Bollinger bands indicator deviations (this parameter value should be less than the first indicator deviations and may even become negative).
  • MoreTransactions - allow the EA to react to weak signals and to open more trades.
  • PeriodWPR - WPR (Williams' Percent Range) period.
  • LevelsWPR - WPR levels (1-50, automatically converted to lower and upper levels).
  • PeriodWPR2 - second WPR period (0 - second WPR is not used).
  • EnableAutoClose - enable automated closing of trades.
  • PeriodForClose - WPR period to close trades.
  • LevelsForClose - levels to close trades.
  • AdxPeriod - ADX indicator period.
  • MinAdxLevel - ADX indicator minimum level.
  • MaxAdxLevel - ADX indicator maximum level.
  • ShowInfo - enable the display of information.
Avis 3
etan aliou
82
etan aliou 2018.05.01 10:16 
 

thanks for this robot

Miguel Jimenez Cordero
6769
Miguel Jimenez Cordero 2021.03.01 15:26 
 

Good job.

philippe germain
2789
philippe germain 2020.02.10 19:58 
 

Testing.

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1 (1)
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Marco Solito
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4 (4)
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Alexander Nikolaev
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Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
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Alexander Nikolaev
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lot
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Alexander Nikolaev
5 (2)
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Alexander Nikolaev
5 (3)
The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines. Parameters History - maximum number of bars to plot channels or lines; Distance - minimum distance from one High (or Low) to another when plotting lines; Shift - shift for sever
The Expert Advisor looks for the bars followed by price rises or falls. It analyzes how often rises and falls occur after similar bars and makes trades based on that analysis. The market changes frequently but the EA is able to adapt to the changes performing analysis right during trading. Input Parameters Lots - lot size (if 0, a lot is calculated based on the percentage of account free margin); Percentage of free money - the percentage of free margin to open each new trade (applicable when Lo
This Expert Advisor trades based on trend lines, as well as on the basis of volume analysis. Volumes are calculated using minute bars, in order to determine if they were ascending or descending. The trend lines are drawn based on High and Lows in the trade history. There are also additional indicators. Buy or sell signals depend on all those factors. This allows the EA to enter the market with more accuracy and to perform more deals. Input parameters Lots - lot size (if 0, a lot is calculated b
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Miguel Jimenez Cordero
6769
Miguel Jimenez Cordero 2021.03.01 15:26 
 

Good job.

philippe germain
2789
philippe germain 2020.02.10 19:58 
 

Testing.

Matthew Todorovski
13128
Matthew Todorovski 2018.05.10 14:14 
 

L'utilisateur n'a laissé aucun commentaire sur la note

etan aliou
82
etan aliou 2018.05.01 10:16 
 

thanks for this robot

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Version 1.1 2021.10.11
recompilation in a new terminal