Exp_UltraWPR - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

The trading system uses the Ultra WPR indicator. When the indicator's cloud color changes, a signal to execute a trade is formed at the close of the bar. Exit trades can be executed via pending orders or if the color of the cloud is opposite to the position.

Place the super-WPR.ex5 compiled file copied to terminal_data_folder\MQL5\Indicators.

The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trading history in the chart.

2011 AUDUSD H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_ultrawpr.mq5 (7.48 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 ultrawpr.mq5 (10.9 KB)

Source: MQL5 #1238