The Williams-ATR Trading Strategy is designed to capture mean reversion moves on EURUSD using momentum and volatility indicators. Here’s a breakdown:
- Entry Amount: The strategy trades with 0.01 lots, maintaining conservative position sizing.
- Stop Loss & Take Profit: Stop loss is set at 58 pips with a take profit of 92 pips, creating a positive risk-reward ratio of approximately 1:1.6.
- Entry Conditions: Uses 42-period Williams’ Percent Range (WPR) to identify potential reversals. Enters long when WPR turns upward and short when it turns downward, capturing mean reversion moves.
- Exit Conditions: Positions are closed when the 25-period Average True Range (ATR) crosses above 0.0036, indicating increased volatility. This helps protect profits when market conditions become unstable.
The strategy includes comprehensive risk management features including position limits, daily loss caps, equity protection, and the ability to avoid trading during high-impact news events.
Always test on a demo account first. Robots are used entirely at your own risk.
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robot.