Simple Support and Resistance “Bill Williams” Trading System – Support Resistance Trading with Awesome Oscillator and Accelerator Oscillator indicator.

Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
This “Support and resistance trading system” is an important concept in the technical analysis since they can be used to identify potential long and short opportunities.
- Time Frame: M15 or higher
- Currency Pairs: Any pairs
MetaTrader Trading Indicators
- Support & Resistance
- MACD Crossover Alert
- Moving Average
- Alert Indicator
- Accelerator Oscillator
- Awesome Oscillator
BUY Rules
- MACD Crossover Alert blue color
- Price break above the Support & Resistance indicator
- 5 EMA > 10 EMA
- Accelerator Oscillator and Awesome Oscillator blue color
SELL Rules
- MACD Crossover Alert yellow color
- Price break below the Support & Resistance indicator
- 5 EMA < 10 EMA
- Accelerator Oscillator and Awesome Oscillator red color
Trading NOTES
- Use a demo account or a small live account first to practice this trading system
- Risk Reward Ratio 1:2 or 1:3