Williams Percent Range PROBLEM
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Good morning. I am new to this and I have the first problem.
I have created an EA with the William Percent range indicator and configured that when the price goes below -81%, I make a sale and close it when the indicator goes from bottom to top. But, as you can see in the image, this situation occurs very often in the market in which the indicator passes several times in a short period of time generating many openings and closings, so it is absurd, since with only the cost of commission , my account was emptied quickly. What condition or block should I add to prevent this from happening? Thank you
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@ferford Are you sure the setting of the indicator are teh best ones for your strategy? Maybe that is the problem.
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@l-andorrà Thanks for answering. Actually what I am doing is combining this indicator with the Bollinger bands. I am programming the indicators separately. First the Williams percent range that when crossing from top to bottom (-81%) generates a sell order combined with the lower Bollinger band. But by testing only the Williams percent range, I find this out. I hope I am doing the right thing.
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Prueba a usar la vela 1 y el bloque one per bar, te limitará mucho las aperturas.
Cuando uses el indicador williams, en vez de usar la vela 0 usa la vela 1. Cuando la vela 0 esta en acción, lo que hace es subir y bajar y esta continuamente abriendo posiciones -
Thanks for answering. I was checking and I have the candle set to 1, both for the opening condition and for the closing condition. What I will try now is to use what you have told me: "one per bar", and I'll tell you later if it works
