William %R Robot

Hello Trader in the world...
I have new idea for trading
Today I ll use William %R indicator for crating EA robot trading...
Algorithm Trading...
[Open Order]
William %R indicator peroid = 40
BUY { When W%R below value = -99 is Over Sold Zone open BUY
If price move down open more with distance every 750 point and +lot from first lot
etc.
0.1 when price move down distance 750 point I will open lot 0.1+0.1= 0.2 lot
next lot will open when move down 750 point next...
0.1
Price down 750 point...
0.1+0.1=0.2
Price down 750 point...
0.2+0.1=0.3
.
.
Loop}
SELL { When W%R above value = -1 is Over Bought Zone open SELL
If price move Up open more with distance every 750 point and +lot from first lot
etc.
Opposite Buy Orders}
[Close Order]
Close BUY = When W%R above value = -1
Close SELL = When W%R below value = -99
OK I will show you....
Let's go...

Hi, good work!

I do recommend testing on tick data though, your modelling quality of the HTM is very low.. increasing the probability that the strategy might not work in the live environment.. Just my 2 cents, keep up the good work!

Kind regards,
Max

I will try to forward test. Sir

Can the drawdown be reduced?

1. Planning money management
2. Backtest, Can it survive?
Before trading always do this.