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Percent range advisor

The Expert Advisor is based on Williams` Percent Range. The EA trades both during low volatility and a trend if MACD is enabled. Two Williams` Percent Range indicators can be used to enter a trade with different parameters, while the third one can be configured to close a trade. Besides, the EA has the trailing stop and stop loss calculation functions depending on the currency pair movement strength.


Inputs

  • Lots - lot size (if 0, the lot volume is calculated based on the % of account free margin);
  • Percentage of free money - percentage of free margin to open each new trade (applicable when Lots=0);
  • MaxSpread - maximum allowable spread to open trades (for floating-spread symbols, to avoid opening with a large spread);
  • 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;
  • TrailingStopValue - trailing stop value in points (0 - not used);
  • OrderComments - comments to opened orders;
  • TradeEveryTick - trade each new tick (slows down optimization, but may improve profit in real trading);
  • 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);
  • EnableMACD - use MACD;
  • MACDPeriod1 - fast EMA period in MACD;
  • MACDPeriod2 - slow EMA period;
  • MACDSignalPeriod - MACD signal line period (0 - disabled);
  • EnableAutoClose - auto close of trades;
  • PeriodForClose - WPR period to close trades;
  • LevelsForClose - WPR levels to close trades;
  • AdxPeriod - ADX period;
  • MinAdxLevel - ADX minimum level;
  • MaxAdxLevel - ADX maximum level;
  • Trading start hour - trading start hour;
  • Trading end hour - trading end hour;
  • DecreaseLot - lot reduction by a specified amount of volume after each transaction;
  • IncLotAfterProfit - increase the lot after the profitable close of the previous transaction;
  • DecLotAfterLoss - reduce the lot after the unprofitable closing of the previous transaction;
  • MaxTradeCount - the maximum number of trades, after which to stop trading (0 - not used);
  • MaxLossCount - the maximum number of losing trades, after which to stop trading (0 - not used);
  • ShowInfo - show information.


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AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
Experts
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Dark Algo
Marco Solito
4.76 (54)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
Gold Harvest MT4
Abdul Jalil Mridah
3.67 (3)
Experts
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT 4   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above.  It's only good works on   XAUUSD  H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the v
Miliron mt4
Nadiya Mirosh
Experts
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Experts
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
AI Cortex EA MT4
Akshit Bhayana
5 (1)
Experts
AI-Powered Trading Cortex EA is a cutting-edge Expert Advisor designed for Gold or XAUUSD and GBPUSD. It utilizes neural networks, AI, and machine learning for smart, low-risk trades. Unlike risky strategies like martingale, Cortex EA focuses on safety and adapting to market changes in real-time. Join our  MQL5 community  for updates, tips, and exclusive content. AI Cortex MT5 Version AI Cortex EA setup blog Promo Price: $599 for the first 3 purchases | Next Price: $749 Key Features AI-powere
Gold Scalper Trading
Ho Tuan Thang
4.15 (13)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Experts
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Altri dall’autore
Double Tops And Bottoms MT5
Alexander Nikolaev
4.83 (6)
Indicatori
This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
FREE
ADX Channel Indicator
Alexander Nikolaev
4.8 (5)
Indicatori
This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicato
FREE
Doji Finder Indicator MT5
Alexander Nikolaev
4 (1)
Indicatori
The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can
FREE
Easy Bollinger Bands
Alexander Nikolaev
4.67 (3)
Experts
This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor. For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788 The free version does not provide the ability to use multiple indicat
FREE
EMA 8 and 18 Trading System
Alexander Nikolaev
2 (1)
Experts
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
Simple Trade MT5
Alexander Nikolaev
Experts
This EA is easy to use, it does not have too complicated settings and algorithms for performing trading operations. It’s not optimized for long, it may appeal to those who recently decided to engage in trading on the exchange with the help of advisers, or who do not want to understand the settings for a long time. The basis of his work is several indicators (moving average, RSI, stochastic, ATR). Despite its simplicity, it has a custom trailing stop function, which can reduce the risks for a dep
Easy Parabolic Sar
Alexander Nikolaev
4.4 (5)
Experts
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
FREE
Rise or fall volumes MT5
Alexander Nikolaev
5 (1)
Experts
A trader cannot always discover what the last closed bar is by volume. This EA, analyzing all volumes inside this bar, can more accurately predict the behavior of large players in the market. In the settings, you can make different ways to determine the volume for growth, or for falling. This adviser can not only trade, but also visually display what volumes were inside the bar (for buying or selling). In addition, it has enough settings so that you can optimize the parameters for almost any ac
Breakout Trend Lines Free
Alexander Nikolaev
Indicatori
Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w
FREE
Easy Channels
Alexander Nikolaev
4 (1)
Indicatori
The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann
FREE
ADX Channel
Alexander Nikolaev
4.67 (3)
Indicatori
ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
FREE
Trend Corrections Expert MT5
Alexander Nikolaev
5 (1)
Experts
Questo Expert Advisor trova la direzione dell'andamento della coppia di valute su un determinato numero di barre, dopodiché determina il momento della correzione. Se il trend è abbastanza forte e la correzione diventa uguale a quella specificata nei parametri, l'EA opera nella direzione del trend (ma solo se letture dell'indicatore aggiuntive confermano l'apertura di un trade). Poiché questo EA funziona sulle correzioni, non acquisterà al massimo né venderà al minimo del trend. Ha molte imposta
Breakout Trend Lines MT5
Alexander Nikolaev
Indicatori
A breakout of a trend line, as well as a high or low, usually signals a change (or continuation) of the trend. This indicator displays lines at the highs and lows of the price, as well as finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable alerts). This indicator is easy to use, however, there are many trading strategies that are based on trendline breakouts. The number of ca
Reversal Patterns for MT5
Alexander Nikolaev
Experts
This EA finds technical analysis patterns that often appear before a trend reversal: Double Bottom, Triple Bottom, Head and Shoulders and their opposite counterparts. The Expert Advisor is able to identify them on the chart of a currency pair and trade when the pattern has been formed and it has been broken through. Also, in order to trade excluding unnecessary signals (for example, with weak volatility), you can adjust and optimize the readings of some indicators (Stochastic, ADX) and the filte
Trend and correction indicator
Alexander Nikolaev
4.17 (6)
Indicatori
The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
FREE
Volume Levels EA for MT5
Alexander Nikolaev
Experts
Volume levels are an important indicator for stock trading. In the past, most of the trades were made at these levels, or these trades were made by large traders. In the future, the price often bounces off such levels, and this can be successfully applied in trading. This Expert Advisor is able to determine volume levels based on trade in history. It is based on an indicator that displays levels: https://www.mql5.com/en/market/product/65562 , but besides displaying, it can trade from levels. In
Break Lines
Alexander Nikolaev
4.67 (3)
Indicatori
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
FREE
Trailing stop for advisors
Alexander Nikolaev
4.5 (2)
Utilità
The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
FREE
Easy Candles
Alexander Nikolaev
3 (1)
Experts
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on th
FREE
Volume Levels MT5 Free
Alexander Nikolaev
Indicatori
This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
FREE
Many Moving Averages MT5
Alexander Nikolaev
Experts
Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init
Bollinger with WPR demo
Alexander Nikolaev
4.33 (3)
Experts
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 time
FREE
Trend Stream Scalper MT5
Alexander Nikolaev
Experts
This EA trades with the trend using several methods to identify and enter a trade. For example, it uses trendlines, Gator and Stochastic indicators to analyze the market. In addition to trading, it can also display trend lines that it trades based on. It has filters for ADX and MA indicators, as well as a sufficient number of settings to be able to optimize on various currency pairs and timeframes. The EA sets stop loss and take profit for each trade, does not have risky trading methods. It i
Volume Levels USDJPY
Alexander Nikolaev
3.5 (2)
Indicatori
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
FREE
Three Fractals demo
Alexander Nikolaev
Experts
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
FREE
Colored Candles Demo
Alexander Nikolaev
5 (1)
Indicatori
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their 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 indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
FREE
Volume Candles
Alexander Nikolaev
Indicatori
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
Volume Levels
Alexander Nikolaev
5 (3)
Indicatori
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
ProCandles
Alexander Nikolaev
Experts
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
Colored candles
Alexander Nikolaev
Indicatori
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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Versione 1.14 2019.01.16
Corrections when calculating the number of transactions.
Versione 1.12 2019.01.14
Added parameters to change the volume of the transaction, depending on the number of transactions. Also, it became possible to restrict trade after several losses or simple transactions.
Versione 1.1 2018.01.11
Fixed the second WPR indicator operation. Optimize the second WPR indicator period parameter after the update if necessary.