You can now get the William Trade Forex Scalping Strategy for free. William’s trade forex scalping strategy works perfectly in London and New York Sessions. You can trade all currency pairs on 1-5 minute timeframes.
Forex Indicators
- William trade
- Bollinger Bands set to 2;22
Timeframe: 5 Min
Currency Pair: Any pair
How to trade with William’s Trade Forex Scalping Strategy?
Rules for long market entry:
- Buy at the open of the next candle when the green arrow popup.
- The bar should not close out of the bands. Keep an eye on it.
Rules for Exit:
- Exit the entry when William’s trade indicator turns below the green line about less than 40.
- Take profit at 8 pips for AUDUSD, 10 pips for EURUSD and 6 pips for GBPUSD.
Rules for short market entry:
- Sell at the open of the next candle when the red arrow popup.
- The bar should not close out of the bands.
Rules for Exit:
- Exit the trade when the indicator William Trade turns above the red line about less than -60.
- Take profit at six pips.
How to download and install an indicator?
follow these steps to set up the indicator on your MT4 platform
- Click on the “Download Indicator” located at the bottom of the post.
- Save the file to your PC.
- Extract and copy-paste the files into the MT4>Indicator folder of the MT4 software file directory.
- Restart your MT4 platform.
- Move to “Indicators.”
- And select the “William’s Trade Forex Scalping Strategy” template to apply it on the chart.
Note: T. Morris developed this indicator. forexcracked.com does not carry any copyrights over this trading tool.
Read More: SCALP PRO Indicator – For FREE Download
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Why no photo of chart?
[…] the current price chart, the MTF WPR Forex indicator for MT4 plots the William’s Percent Range oscillator of a desired time frame. This oscillator provides overbought and oversold market conditions of a […]