Forex (H1 – H4 Time Frame) WPR BUY SELL Zone System

High accuracy H1 and H4 Forex WPR BUY SELL Zone System – Williams Percent Range (WPR) is another oscillator used to identify whether the market is trending or choppy.

  • Time Frame: H1 or higher
  • Currency Pairs: Any
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MetaTrader Trading Indicators
  • Williams’ Percent Range
  • RSI Chart Bars
  • 9Squared MM
  • Sell Zone Fibs
  • Buy Zone Fibs
  • Relative Strength Index

 

BUY Zone

  • Williams’ Percent Range: The WPRs’ line on the BUY Zone
  • RSI Chart Bars: Blue color
  • BUY Zone Fibs: Price above the BUY Zone Fibs line
  • Relative Strength Index Line: above the level 60
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SELL Zone

  • Williams’ Percent Range: The WPRs’ line on the SELL Zone
  • RSI Chart Bars: Red color
  • SELL Zone Fibs: Price below the SELL Zone Fibs line
  • Relative Strength Index Line: below the level 40

 

Exit Rules
  • Place the initial stop loss above the BUY Zone Fibs or below the SELL Zone Fibs
  • Risk reward Ratio 1:2 or 1:3

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