WATR indicator strategies EA MPGO

WATR indicator strategies coded into automated forex robot EA MPGOv4

In EA MPGOv3.2.5 inside set file find WATR indicator parameters:

TypeWATRFiltre = 0 //
0 – WATR indicator will not be used as signal in EA.
1 – One SlowWATR indicator signal for EA
2 – Two WATR indicators with different TimeFrame must look same way for signal
3 – Two WATR indicators with different TimeFrame must look different way for signal (Fast TF WATR trade to Slow TF WATR)

WATR_TF_Fast = 15 // TimeFrame of FastWATR indicator 1=M1 5=M5 15=M15 30=M30 60=H1 240=H4…
WATR_TF_Slow = 15 // TimeFrame of SlowWATR indicator 1=M1 5=M5 15=M15 30=M30 60=H1 240=H4…
WATR_K = 10 // standard indicator parameters
WATR_M = 4 // standard indicator parameters
WATR_ATR = 21 // standard indicator parameters

WATR trend indicator automated Strategies added into Expert Advisor:

TypeWATRFiltre = 1 // One SlowWATR indicator signal for EA:
if SLOW WATR indicator above price – SELL signal.
if SLOW WATR indicator below price – BUY signal.

Pic1: TypeWATRFiltre=1 – one SLOW indicator will be used to signal for EA MPGO

TypeWATRFiltre = 2 // Double TF WATR strategies – SLOW and FAST WATR indicators with same periods must look same way for signal at different timeframes. Robot will follow SLOW WATR indicator as global trend and will open SELL if SLOW and FAST at current bar both signal sell. Or will open BUY if at current bar SLOW and FAST WATR indicators both signal BUY as at this picture (for visual please use indicator called WATR_TF.ex4 that we coded for you and added in EA folder). If FAST and SLOW WATR indicators look different directions in TypeWATRFiltre=2 – EA will not open any order = No Signals.

Pic2: TypeWatrFiltre=2 BUY signal at current bar.

TypeWATRFiltre = 3 // Double TF WATR strategies – SLOW and FAST WATR indicators with same periods must look different way for signal at different timeframes. Robot will follow SLOW WATR indicator as global trend and will open SELL if SLOW WATR signal SELL and FAST WATR signal BUY at current bar. Or will open BUY if at current bar SLOW WATR indicator signal BUY but FAST WATR indicator signal SELL. If FAST and SLOW WATR indicators signal same direction in TypeWATRFIltre=3 – EA will not open any order = No Signal.

Pic3: TypeWATRFiltre=3 – Fast TF signal Sell but Slow TF signal buy as Global Trend – EA will open BUY Order at current bar.

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