Forex WPR BUY and SELL Zone System

High accuracy “Forex Williams Percent Range BUY and SELL Zone System” – The “Williams Percent Range”, or “%R”, the indicator is a popular member of the “Oscillator” family of technical indicators. Larry Williams created the %R oscillator along the same lines as the Stochastics indicator, but without the “smoothing” component and with a reversed scale.

• Time Frame: M30 or higher
• Currency Pairs: Any

 

• BUY Zone Fibs
• SELL Zone Fibs
• RSI Chart Bars
• 9Squared MM
• Moving Average
• Williams’ Percent Range
• Commodity Channel Index

 

• Download “TraderVersity.Com-BUYSELLZoneSystem” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-BUYSELLZoneSystem.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity.Com-BUYSELLZoneSystem” trading  system and strategy
• You will see “WPR BUY and SELL Zone System” is available on your Chart

 

• Williams’ Percent Range: on the BUY Zone
• Commodity Channel Index: Line upward and above level 50
• RSI Chart Bars: Blue candle
• Moving Average: 8 EMA > 21 EMA
• BUY and SELL Zone Fibs: Price above the BUY and SELL Zone Fibs channel

 

• Williams’ Percent Range: on the SELL Zone
• Commodity Channel Index: Line downward and below level -50
• RSI Chart Bars: Red candle
• Moving Average: 8 EMA < 21 EMA
• BUY and SELL Zone Fibs: Price below the BUY and SELL Zone Fibs channel

 

• Initial stop loss above or below the previous swing
• Best Risk reward Ratio 1:2 or 1:3
• Use a demo account or a small live account first to practice this trading system

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