15# William's Percent Range Trading System

 

Submit by Forexstrategiesresources

 

Pair: ANY

Time frame: 1H, 4H, daily.

 

Strategy based on RLW (William's percent range ) indicator.

Indicators:

Willian's percent range 28

MACD (24, 36,14)


BUY condition:

Price crosses upwards Level -20 (WPR) and MACD>0

SELL condition:

Price crosses down Level -80 (WPR) and MACD<0

 

Exit two options:

When MACD crosses line;

Target Profit:4H time frame 60 pips EUR/USD, 70 pips GBP/USD , USD/CHF 40 pips for Daily time frame200pips EUR/USD , 250 pips GBP/USD, USD/CHF 150 pips (recommended).



 

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

 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 1
  • #1

    Ronald (Wednesday, 17 January 2018 10:22)

    A template would have been nice...