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William Trade Forex Scalping Strategy

Amandeep Sonewane | Jul. 25, 2019
William Trade Forex Scalping Strategy

You can now download the William Trade Forex Scalping Strategy for free on AtoZ Markets indicators gallery.

William trade forex scalping strategy works well in London and New York Session. You can trade all currency pairs with 1-5 minutes timeframe.

Forex Indicators:

  • William trade
  • Bollinger Bands set to 2;22

How to trade with William Trade Forex Scalping Strategy? 

Rules for long entry:

  • Buy at the opening of the next bar when the green arrow appears.
  • The bar should not close out the bands.

Rules for Exit:

  • Exit the trade when the William trade indicator turns below the green line about less than 40.
  • Take profit at 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD.

Rules for short entry:

  • Sell at the opening of the next bar when the red arrow appears.
  • The bar should not close out the bands.

Rules for Exit: 

  • Exit the position when the indicator William Trade turn above red line about less than -60.
  • Take profit at 6 pips.

How to download and install an indicator?

In order to install the indicator on your MT4 platform, you need to follow these steps:

  1. Click on “Download Indicator” button located at the top right corner of the screen.
  2. Save the file to your computer.
  3. Extract and move the files into MT4>Indicator folder of the MetaTrader4 software file directory.
  4. Restart your Metatrader platform.
  5. Navigate to “Indicators.”
  6. And select “William Trade Forex Scalping Strategy” template to apply it on the chart.

Note: This indicator was developed by T. Morris. AtoZ Markets does not carry any copyrights over this trading tool.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.