Help Me Test WPRSignaler v1

 

Made a buy/sell signal indicator using Williams %R.

Go Long on Solid Green Up Arrow; Close the position on Hollow Green Down Arrow.

Go Short on Solid Red Down Arrow; Close the position on Hollow Red Up Arrow.

I haven't back or forward tested this yet.

This works best with a volatility indicator like the BBands; meaning, don't take a signal if its has a narrow channel.

I'll post source after v2.

Files:
 

test

wonderful

i will test it on demo

 

can you give mq4 ?

 

I'm still tweaking it, so when I have a v2 out, I'll post the mq4.

BTW, wait for the bar to close, or atleast about to close, before making an entry. And use other indicators with this, don't use this exclusively.

Also a trend indicator would help, if a signal given goes against a certain trend, check other indicators such as a cci or an actual W%R indicator to see if a reversal is in place.

 

what trend indicator you used?

 
ForexBoss:
what trend indicator you used?

Heiken Ashi candlesticks. And EMA's.

 

v2 Out.

Visit my blog at http://4xjournal.blogspot.com to get v2 of the indicator. It fixes many of the issues in v1. v1 was made on the fly when I got the idea to make the indicator so bugs where present.

 

yes

i do what you say ...i try it on chart

Reason: