Forex Fraus (M1) - MetaTrader 4 Expert | Forex Indicators Download - MT4/MT5 Resources

This Expert Advisor is based on the Williams Percent Range indicator. Sell ​​in the overbought zone and buy in the oversold zone.

The Expert Advisor was created for EURUSD's М1 time frame (five digits), but it can also be used for other trades, with a trailing stop with adjustable start time and steps. There is also an operating timer in the settings of the EA, listed as "Time" (if the value is "0" - off, if the value is "1" - on). "starttime" — the start time of the EA operation according to the terminal time, "stoptime" — the end time of the operation according to the terminal time.

Positions are closed using trailing stops, and open positions are closed during the opposite trading period.

Part of the code is borrowed from the "ft_cci" EA of FORTRADER.Ru magazine, written by Yuri.

The EA was tested on a demo account with good results (statement not reserved). The EA was not checked on the tester (prehistoric computers couldn't run it). This is a great request for any testers out there, please put your diagrams in the comments. Thank you in advance.

Attachment download

📎 forex_fraus_4_for_m1s.mq4 (6.82 KB)

Source: MQL5 #13643