williams percent direction index
Info
The williams percent direction index is a Expert Advisor for MetaTrader 5 that this expert advisor opens trades , for buys, sell are inverse. when the williams percent rises and the average directional index di+ di- crosses downcloses trades whenmoney flow index closes above level.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use williams percent direction index
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
this expert advisor opens trades , for buys, sell are inverse.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: risk sizer panel lite mt5 - risk percent lot calculator with one-click trading - another powerful expert for MetaTrader 5 traders.
Also recommended: larry williams xg boost onnx expert advisor - similar expert with strong performance on MetaTrader 5.
this expert advisor opens trades , for buys, sell are inverse.when the williams percent rises and the average directional index di+ di- crosses down
closes trades when
money flow index closes above level.
stochastic changes its direction downwards
all inputs are variable, includes lots and sl tp.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property version "1.0"
#property strict
static input string StrategyProperties__ = "------------"; // ------ Expert Properties ------
static input double Entry_Amount = 0.01; // Entry lots
input int Stop_Loss = 0; // Stop Loss (pips)
input int Take_Profit = 0; // Take Profit (pips)
static input string Ind0 = "------------";// ----- Williams' Percent Range -----.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.