DYJ WilliamsPercentRange SignalSource

DYJ WPR - SignalSource: Multi-Currency WPR Smart Monitor & Signal Source

DYJ WPR - SignalSource is an advanced multi-currency monitoring and trading assistant EA based on the classic Williams %R (WPR) indicator. By attaching it to just a single chart of any currency pair, you can monitor, generate signals, and manage open/close operations across all major currency pairs in the market.

Core Features & Trading Logic

  • Multi-Currency Panorama Monitoring: No need to attach the EA to multiple charts; a single chart scans and monitors signals across all symbols.

  • Classic WPR Strategy:

    • Oversold Zone (80% - 100%): Identifies price rebound turning points as long (buy) entry opportunities.

    • Overbought Zone (0% - 20%): Identifies price pullback turning points as short (sell) entry opportunities.

  • Intelligent Simulated Profit Estimation: Built-in simulated trading technology that evaluates the overall potential profitability of entry and exit signals in real time.

  • Flexible Profit Evaluation & Close Modes (Supports 2 Strategies):

    1. Maximum Profit Mode (ByMaxProfits): Maximizes profit for a single trend wave. Recommended to use with a Trailing Stop to lock in trend profits efficiently.

    2. Opposite Signal Close Mode (ByOppositeClosed): Patiently waits for an opposite signal before closing existing positions, capturing the full yield of a major trend.

  • Comprehensive Alerts & Visualization: Supports chart arrow alerts, pop-up notifications, and visually displays indicator lines alongside the profit/loss statistics panel.

💡 Tip: If you need to implement multi-account automated copy trading or automatically follow the open/close operations of this indicator, please download the companion utility software DYJ Follow Me.

Input Parameters

[Indicator Settings]

  • InpWPRPeriod = 14 — Calculation period for the WPR indicator.

  • InpShowArrows = true — Whether to display buy/sell signal arrows on the chart.

  • InpAlertsOn = true — Whether to enable pop-up signal alerts.

  • ArrowUpClr = DeepSkyBlue — Color for the Up (Buy) arrow.

  • ArrowDnClr = PaleVioletRed — Color for the Down (Sell) arrow.

  • InpIsDisplayIndicatorLine = true — Whether to display the WPR indicator line in the sub-window.

[Estimate Profits Settings]

  • InpSimulatedVolume = 1 — Simulated trading volume/lots (recommended 0.01 lots or higher).

  • InpOnlyOppositeClosedLine = false — Whether to display only the opposite close line.

  • InpIsDisplayChartText = true — Whether to hide all text on the chart.

  • InpIsDisplayProfitsLine = true — Whether to hide all profit/loss lines on the chart.

  • MaxProfitsTextHigh = 40 — Height of the maximum profit label.

  • MaxProfitsTextLow = 20 — Height of the minimum profit (opposite) label.

  • InpIsEstimateDialog = true — Whether to hide or show the profit estimation dialog.

  • InpModeProfits = ByMaxProfits — Profit estimation mode (Options: ByMaxProfits or ByOppositeClosed).

  • InpStartDate = "19700101" — Start date for statistics and backtesting.


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