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WPR Grid EA
Hello,
have here some new and free Expert but not self tested jet.
Name: WPR Grid
Category: Grid
Price: FREE
Pairs: GBPUSD
Time frame: M15
Time: 24h
ECN ready: Yes
NFA ready: No
Execution: Auto
Stealth mode: Yes
4/5 Digits: Yes
MM: Yes
This EA uses the built-in Williams' Percent Range (WPR) indicator of your MT4 platform. WPR Grid is a martingale grid. That means high profit and high risk. WPR indicator tell us when GBPUSD pair is overbought or oversold. The EA place sell orders when the pair is overbought and buy orders when it is oversold.
WPR Grid performs better on GBPUSD pair and M15 timeframe.
METATRADER DOWNLOADS
Latest update: June 21, 2012
Latest version: v1.5
MT4 Expert Advisor: download
INSTALLATION
1. Shutdown your Metatrader platform
2. Copy the expert advisor file into the /experts folder of your Metatrader software (Example: C:\Program Files/MetaTrader4/experts)
SETTINGS MANUAL
grid_size: expert advisor will use this data in order to know when to place new orders and take profit.
profit_lock: from 0.5 (50%) to 0.9 (90%). This is the profit locked once you reach take profit.
min_lots: minimum lots for your orders. The EA will take min_lots as the minimum unit.
min_lots_increment: minimum lots increment.
account_risk: it is the percentage of total account risked with the ea
wpr_period: williams percent range indicator period
BACKTESTS
You can see results from 2 backtests below. We use same pair (GBPUSD), M15 time frame and default settings but different balance and different Williams Percent Range indicator period.
Backtest 1: wpr_period = 14
Backtest 2 : wpr_period = 56
BACKTEST 1
Test period: June 1, 2011 - June 16, 2012
Pair: GBPUSD
Time frame: M15
Set file: download
Detailed report: view
http://lifesdream.org/mt4/free/wpr_g...yTesterMin.gif
BACKTEST 2
Test period: June 1, 2011 - June 16, 2012
Pair: GBPUSD
Time frame: M15
Set file: download
Detailed report: view
http://lifesdream.org/mt4/free/wpr_g...yTesterMin.gif
So feel free to test it on Demo please first. In my opinion it makes a good figure on backtesting.
If anybody test it so please be so kind and tell us your test results.
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yesterday I downloaded your EA based on the momentum after I try it is good, this time you share again EA based on william percentage and the result is also better than the first, thank you very much for sharing that you provide in a row may be useful for traders who use it
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Thats my intention to share ea´s that is free of use. give information how to use these ea´s effectfull and search for good strategies that fits for these ea´s. We can discuss about these ea´s. My intention is it to bring every trader with large or small amount of money forward to take a good income in forex.
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thank you have a friend willing to share the EA, I find it difficult to download, if you can enter the file EA, the indicators, setting, and to backtest results on file, a zip so we are easy to download your EA
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thunderfast,
sorry i can´t do that because of forum restrictions. You will do a download by pressing the right mouse button. Thats all. Its simple and then you download on the position you will save the file.
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Thatch my intention to share ea´s that's freed from use. provide info the way to use these ea´s result full and hunt for smart ways that matches for these ea´s. we are able to discuss regarding these ea´s. My intention is it to bring each merchandiser with giant or bit of cash forward to require an honest financial gain in Forex..............
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The purpose of using EA can be formulated. To provide information about the use of the results of these types of information EA completed a very good tactic by EA these types of searches. With these types of EA, we can go easily. My personal goal is to collect accompanied by huge speculators, as well as a small amount of money to be received in exchange transactions properly.
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it is like wow because this is very good EA i make use of it in the forex trading market for trading and it prove for me very profit full,it is very true expert adviser and it is very good to use this for every trader in the forex online market.
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thank you for this information and for this stratige, I am trying to aoolique this stratige on a copte demo to see what will give me as a result. thank you for your effort
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This EA uses the built-in Williams’ Percent Range (WPR) indicator of your MT4 platform. WPR Grid is a martingale grid. That means high profit and high risk. WPR indicator tell us when GBPUSD pair is overbought or oversold. The EA place sell orders when the pair is overbought and buy orders when it is oversold.