738# Power Fx Smooth
Williams' Percent Range Trading
Power Fx Smooth is a trend momentum strategy with the purpose of to filter signals of entry in the market. The main filter is Williams' Percent Range. I created two templates for chart bar and renko chart.
This strategy is for intraday and swing trading, time frame 15 min or higher.
Renko chart box size 5 pips or above.
Currency pairs: majors.
You can apply this template for trading with binary options high/low expiry time two candles.
Golden finger risk 3,
TSR signal line, period 14 method 3,
Williams' Percent Range period 14,
Fortitudo Trend optional (only for 15 min chart),
Fx Sniper Ergodic CCI char bar ( 8,8, 5, 4) Renko chart ( 8,8, 5, 8).
Trading Rules Power Fx Smooth
TSR signal blue line
Golden finger or FX 53 green buy arrow
Williams' Percent Range > 80
Fx Sniper Ergodic CCI = long
TSR signal red line
Golden finger or FX 53 red sell arrow
Williams' Percent Range < 20
Fx Sniper Ergodic CCI = short
This strategy is very interesting because it can have a high profitability, it depends on the exit strategy.
For forex use the Renko template, for Binary options bar template.
In the pictures Power Fx Smooth in action.