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 itold versions:
inputs:
extern string separator1 = "------trend settings------"; extern bool useEMAtrend = true; // trade in EMA trend extern int barsInTrend = 1; // how many bars should be in trend extern double EMAtrend = 144; // EMA period for trend extern string separator2 = "------WPR settings------"; extern double iWPRPeriod = 46; // WPR period for enter and exit extern double iWPRRetracement = 30; // minimal retracement for WPR to allow another trade extern bool useWPRExit = true; // use exit with WPR indicator extern string separator3 = "------position settings------"; extern double lots = 0.1; // fixed lot size extern int maxTrades = 2; // max trades allowed for pyramiding extern double stop_loss = 50; // stop loss extern double take_profit = 200; // take profit extern bool useTrailingStop = false; // use trailing stop extern double trailing_stop = 10; // trail stop loss extern bool useUnprofitExit = false; // exit trade when trade was not in profit in defined amount of bars extern int maxUnprofitBars = 5; // amount of bars not in profit