# EMAplusWPRv1_1

Trend following strategy using EMA and Williams %R for trading EURUSD on M5 timeframe

Canonical: https://prismaticalgos.com/compendium/algo/1455-emapluswprv1-1
Record ID: 1455
Catalog rank: 2803 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/code/10201
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## 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 profile

- symbols: EURUSD
- timeframes: M5
- sessions: Not specified
- market_regime: trending

## Indicators

- EMA: {"period": 144}; applied to: close
- Williams %R: {"period": 46}; applied to: close

## 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.

## Risk controls

- Stop loss: 50 pips
- Take profit: 200 pips
- Position sizing: risk 2% of account per trade, with max 10 lots and 2 open positions