Forex Williams Scalping Strategy
Forex Williams Scalping Strategy:
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);
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 Williams Scalping Strategy?
- Download Forex Williams Scalping 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 Williams Scalping 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”.
