+ Reply to Thread
Page 5 of 5 FirstFirst ... 3 4 5
Results 41 to 42 of 42

Thread: WPR Grid EA

  1. #2
    Member yanu is an unknown quantity at this point yanu's Avatar
    Join Date
    Jul 2012
    Posts
    41
    Thanks
    1
    Thanked 1 Time in 1 Post
    SubscribeSubscribe
    subscribed 0
    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

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #1
    Member Snoopy1234 has a spectacular aura about Snoopy1234 has a spectacular aura about Snoopy1234's Avatar
    Join Date
    Dec 2011
    Location
    Germany
    Posts
    295
    Thanks
    2
    Thanked 172 Times in 67 Posts
    SubscribeSubscribe
    subscribed 0

    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



    BACKTEST 2

    Test period: June 1, 2011 - June 16, 2012
    Pair: GBPUSD
    Time frame: M15
    Set file: download
    Detailed report: view



    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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. The Following 2 Users Say Thank You to Snoopy1234 For This Useful Post:

    mark (2012-08-01), thunderfast (2012-08-01)

+ Reply to Thread
Page 5 of 5 FirstFirst ... 3 4 5

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Currently Active UsersCurrently Active Users

There are currently users online. members and guests

Forex Forum India | Forex Community Place Statistics Forex Forum India Statistics

Most users ever online was .

Welcome to our newest member,

Threads:

Posts:

Member: