PriceActionAi Williams Percent Range SPA

This EA is intended to assist with surveying and trading performance statistics with Williams Percent Range Indicator (%R).

Only one order at a time can be opened, at the end of the order can the next order be opened

When the %R value is less than or equal to the configured WPR Value Check For Buy value

In Reverse mode, the SELL command will be opened instead of the BUY command.

When %R value is greater than or equal to the configuration WPR Value Check For Sell value

In Reverse mode the BUY command will be opened instead of the SELL command.

2. Configuration parameters

2.1. Basic parameter group

A. System Settings

• Day of week: Day of the week
• Trading Hours: Hours of the day
• Minute Min: From minutes
• Minute Max: Up to the minute
• Magic number: EA ID number   

B. Trading Settings

• Balance stop percent (0 = No Stop): Trade stop level. Once the profit / loss is loaded at this%, the EA will stop running.
• Reverse: Reverse
• Spread Limit (in points): The maximum spread when checked for entry
• Slippage Limit (in points): Maximum price slide when entering the order

C. Volume Settings

• Money management (LOT or RISK): Capital management
• In the case of choosing LOT: The value for money management: is quantity (eg: 0.01)
• In the case of choosing RISK: The value for money management: is a percentage (Example: 1)

D. SLTP Settings

• Stop Loss (in pips): Stop loss
• Take Profit (in pips): Take Profit

E. Trailing Stop Settings

• When the current bid / ask price is about 1 distance from the initial set SL point by Trailing Stop + Trailing Step, then drag SL 1 about Trailing Step, following the direction of trend development.
• Trailing Stop (in pips, 0 = No Trailing): Stop loss
• If Trailing Stop is 0, this function will not work
• If Trailing Stop is different from 0, then Trailing Step must be entered
• Trailing Step (in pips): The jump range of the SL

2.2. Parameter group characteristic

WPR Trading Setting

Period: The average number of candles. Default value is 12

Percent Value Check For Buy (<=): The configuration value checks the conditions for entering the Buy order

Percent Value Check For Sell (> =): The configuration value checks the condition of the Sell order