Forex WPR Signal with FPS Trend Trading Strategy
Forex WPR Signal with FPS Trend Trading Strategy;
WPRSI Signal with FPS Trend is a trend momentum trading system with also a filter of support and resistance. The purpose of this trading system is find the simplicity of the trading with clear signals. WPRSI is a indicator based on RSI and %Williams.
FPS indicator is the trend filter indicator. The bottom and top indicator is a price action tool that determines the direction when the price bounces on support (go up) or on the Top go down).
Time frame 15 min or higher.
Currency pairs:majors, minors and Indices.
Metatrader indicators:
WPRSI signal 27 period, filter up 10, filter down 10.
FPS Trend period 14 (for 15 min, 30 mim and 60 min time frame, 240 min 13 period, daily 12 period).
Bpttom and Top indicator default setting.
Trading rules WPRSI Signal with FPS Trend
Buy
WPRSI signal buy arrow.
FPS trend blue bar.
Price action bounces on the support (this is optional).
Initial stop loss on the previous swing low.
Make profit at the first resistance or with ratio stop loss 1.12.
Sell
WPRSI signal sell arrow.
FPS trend red bar.
Price action bounces on the top (this is optional).
Initial stop loss on the previous swing low.
Make profit at the first support or with ratio stop loss 1.12.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex WPR Signal with FPS Trend Trading Strategy?
- Download Forex WPR Signal with FPS Trend Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex WPR Signal with FPS Trend Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
