#### taseeer

##### Well-known member

The attached expert advisor is a trading algorithm for the EURCHF currency pair. It uses a variety of technical indicators to determine when to enter and exit trades, including the iWPR, iATR, iRSI, GetEFF, and GetMM indicators. The algorithm also uses a variety of risk management techniques, such as stop losses and take profits.

Here is a more detailed explanation of how the algorithm works:

Here is a more detailed explanation of how the algorithm works:

- The algorithm first checks if the current day of the week is a Sunday or Friday. If it is, the algorithm will not trade, as these days are typically less volatile.
- If the current day of the week is not a Sunday or Friday, the algorithm will then check if the current hour is within the trading window. The trading window is defined by the StartHour and EndHour variables. If the current hour is within the trading window, the algorithm will then begin to analyze the technical indicators.
- The algorithm first calculates the iWPR indicator. The iWPR indicator is a momentum indicator that measures the strength of a trend. The algorithm then calculates the iATR indicator. The iATR indicator is a volatility indicator that measures the average true range of a currency pair over a specified period of time. The algorithm then calculates the iRSI indicator. The iRSI indicator is a momentum indicator that measures the strength of a trend relative to its recent price history. Finally, the algorithm calculates the GetEFF indicator. The GetEFF indicator is a trend filter that measures the strength of a trend relative to its recent price history.
- The algorithm then uses the values of the technical indicators to determine whether to enter a long or short trade. If the iWPR indicator is above a certain value and the iRSI indicator is above 50, the algorithm will enter a long trade. If the iWPR indicator is below a certain value and the iRSI indicator is below 50, the algorithm will enter a short trade.
- The algorithm also uses a variety of risk management techniques. The algorithm uses a stop loss to limit the amount of money that can be lost on a trade. The algorithm also uses a take profit to limit the amount of money that can be made on a trade.
- The algorithm finally checks if the current equity is greater than the gd_260 variable. If it is, the algorithm will close all of its trades and wait for the next day to trade.