Extracted algorithm research record
EMAplusWPRv1_1
Trend following strategy using EMA and Williams %R for trading EURUSD on M5 timeframe
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 80.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Build warnings
- MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.
Recorded market & execution profile
- Recorded markets
- EURUSD
- Recorded timeframes
- M5
- Recorded sessions
- Not specified
- Recorded regime
- trending
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| EMA | {"period": 144} | close |
| Williams %R | {"period": 46} | close |
Extracted strategy rules
Recorded long-entry rules
- price crosses above EMA 144
Recorded short-entry rules
- price crosses below EMA 144
Recorded exit rules
- take profit at 200 pips
- stop loss at 50 pips
- trailing stop at 50 pips
Recorded filters
- Not specified in the extracted record.
- Stop loss
- 50 pips
- Take profit
- 200 pips
- Position sizing
- risk 2% of account per trade, with max 10 lots and 2 open positions
Questions about this record
What entry rules are recorded for EMAplusWPRv1_1?
Long: price crosses above EMA 144 Short: price crosses below EMA 144 These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: EURUSD. Timeframes: M5. These are source-recorded labels, not verified execution behavior.