94# William's Percente Range Forex Trading System

Williams'Percente Range Momentum Forex System

Submit by TraderVegas 09/05/2013

 

Forex Indicators:

50 Exopnential Moving Average High;

50 Exopnential Moving Average Low;

Stochastic (5, 3,3,) with Level 60 and 40;

Williams'Percente Range (50 period).

(Pivot points for intraday trading).

Long Entry

Price must cross labove the 50 EMA High

TheWilliams'Percente Range crosses above the -20 level.

The Stochastic Oscillator is above its Signal line and level 60;

When all the conditions are agree, you place a Buy order..

Set the Stop Loss a few pips below the most recent swing low point.

Set the Take Profit level twice the amount of the stop loss, or close the trade when

the price closes below the 50 EMA High.

Short Entry

Price must cross below the 50 EMA Low.

The Williams'Percente Range crosses above the -80 level.

The Stochastic Oscillator is below its Signal line and level 40.

When all the conditions are agree, you place a Sell order.

Set the Stop Loss a few pips below the most recent swing low point.

Set the Take Profit level twice the amount of the stop loss, or close the trade when

the price closes above the 50 EMA Low.

 

 

For intraday trading Time Frame 15min-30min-60min setting profit target 8-18 pips or on the pivot points levels see example below.


 

In the pictures below William's Percente Range Forex Trading System in action.

Trading System William's percent Range.
Trading System William's percent Range.
Trading System William's percent Range.r
compressed file archive 22.8 KB
Trading System William's percent Range.
Trading System William's percent Range.
Trading System William's percent Range.
Trading System William's percent Range.

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William's Percent Range Trading Systems