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Support Resistance Trading with Awesome Oscillator and Accelerator Oscillator


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

Trading NOTES

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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

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