29# Williams Trade Modified Trading System

Williams Trade update 2024

submit by Joy22

 

Williams trade's update concerns the way of using the indicator in the sense that it is interpreted as trend following. The proposed setting is for the 5 minute time frame.

William Trade update 2024
William Trade update 2024

Strategy Setup

Time frame 5 minutes.

Currency pairs EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY.

Sessions: London and New York (GMT Berlin 9:00 - 20:00).

Metatrader 4 indicators

Williams trade period 120

Pivot point levels

Symbol Change.

Trading Rules

Buy

Williams Trade in subwindow light blue line > green horizontal line.

Sell

Williams Trade in subwindow light blue line < red horizontal line.

Please note that the arrow does not appear to appear because there is an error in the code, so always refer to the light blue line of William Trade.

Exit position

Stop loss

15-20 pips or above below a Pivot level.

 

Profit Target: 15-20 pips, at a Pivot level or when the WT line generates the opposite entry.

William Trade update 2024
William Trade update 2024
William Trade update 2024
William Trade update 2024
William Trade update 2024
William Trade update 2024
Williams Trade update 2024
Williams Trade update 2024
WT update.rar
compressed file archive 145.9 KB

 

Trade: London and NewYork Session

Pairs: Major;

Time Frame: 1-5 min

Metatrader Indicators:

Williams Trade

Bollinger Bands: (2; 22)

 

 

Enter Long:

When appears the Green arrow buy at open next bar  but the bar should not close out the Bands Bollinger.

Exit Long:

When the indicator Williams Trade turn below green line (<-40);

Target Profit 6 pips AUD/USD, 8 pips EUR/USD, 10 pips GBP/USD.

 Enter Short:

When appears the Red arrow sell at open next bar but the bar should not close out the Bands Bollinger.

 

Exit Short:

When the indicator Williams Trade turn above red line (<-60);

2)Target Profit 6 pips AUD/


Write a comment

Comments: 2
  • #1

    Oz (Sunday, 19 February 2012 05:14)

    Anyone know if the arrows repaint??

  • #2

    Forextradingstrategiesresources (Monday, 17 June 2013 21:40)

    Arrow do not repaint

William trades modified Trading system
William trades modified.rar
compressed file archive 15.5 KB