EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT5
Williams And Range Escaping
This MetaTrader 5 expert advisor executes trades based on the Williams Percent Range (%R) indicator paired with a specialized filter to avoid sideways markets.
GitHub stars4
Forks0
Last update5 years ago22 Jul 2021
LicenceNone stated
Overview
The system identifies trends by checking if the Williams %R value crosses the median 50 level while simultaneously analyzing multiple timeframes—including M1, M5, and H1—to ensure the market is not ranging. Risk controls involve setting stop losses at recent range highs or lows and calculated take profit levels. The developer notes that the EA is a work in progress and not yet optimized for live trading.
- Williams Percent Range indicator integration
- Multi-timeframe range filtering logic
- Automatic stop loss and take profit calculation
- Trend-following market entry conditions
Details
Author
trash07 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following
Markets
Any symbol
Timeframes
M15-H1
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from williams-and-range-escaping.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
rangeSize | int | 5 | |
willamsPeriod | int | 14 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone trash07/williams-and-range-escaping from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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