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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.

Trading NOTES

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

 

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

 

How to install “WPR BUY and SELL Zone System

  • 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

 

BUY Rules


  • 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

 

SELL Rules

  • 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

 

Trading NOTES
  • 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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