The ExpWPRBB Expert Advisor employs a straightforward trading approach utilizing Williams' Percent Range (WPR) and Bollinger Bands (BB). Positions are initiated when both indicators align: for a Buy, WPR exits the oversold territory, and the bar opens below the average BB line. For a Sell, WPR leaves the overbought zone, and the bar opens above the average BB line. Bollinger Bands breadth and ATR values determine Stop Loss and Take Profit levels. Functionality is exclusive to hedging accounts. An optional non-trading mode is available for signal visual testing.
Core input parameters include WPR and Bollinger Bands periods, deviation, shift, and price type. Trading parameters comprise signal-only mode, position volume, slippage tolerance, and a unique Magic number for tracking. Stop Loss and Take Profit can be predefined or dynamically computed using Bollinge...
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