Wyckoff Spring Accumulation EA
- Experts
- Version: 1.5
- Activations: 10
Wyckoff Spring Accumulation EA
This Expert Advisor implements the Wyckoff accumulation and distribution method using a three-timeframe structure: H4 trend bias, H1 trading range and Spring or UTAD detection, and M15 entry confirmation.
How it works:
- Identifies a trading range after a prior trend move using configurable ATR-based width limits.
- Detects a Spring below range support or UTAD above range resistance, followed by a lower-volume confirming Test.
- Confirms entries on M15 before sending a market order.
- Attaches a stop loss beyond the Spring or UTAD extreme with an ATR buffer. No order is sent without a stop loss.
Trade management:
- Three configurable take-profit levels, set to 1.5R, 2.5R, and 4R by default.
- Supports partial position closes and moving the stop loss to breakeven after the first target.
- Includes a news filter that can pause new entries around high-impact economic releases.
- Optional Telegram trade notifications using the buyer's own bot token and chat ID. This feature is disabled by default.
Configuration:
- Timeframes, range detection, Spring depth, risk, stop loss, and take-profit parameters are adjustable.
- The EA does not hardcode a trading symbol or restrict the buyer's account.
- Parameters should be tested and tuned for each instrument and broker environment.
- Optional Telegram notifications require allowing https://api.telegram.org in MetaTrader WebRequest settings.
This product does not guarantee profits. Past performance does not indicate future results. Test on a demo account before live deployment and select position sizing appropriate to your risk tolerance.
