WPR & Stochastic Multicurrency Strategy (M15)

A simple multicurrency plan for M15 that pairs Williams %R with Stochastic.
We scan majors (EURUSD, GBPUSD, USDJPY, XAUUSD, etc.) and take pullback‑continuations when %R and Stochastic leave extremes and price reclaims a micro level.

Tools

• Williams %R(14) — timing from overbought/oversold.
• Stochastic(14,3,3) — confirm momentum turn (K cross D).
• Optional EMA(20/50) for structure; ATR(14) for stop/size.

Market logic

Pullbacks against a live trend exhaust. A double exit from extremes (%R and Stochastic) plus a close back through a box edge suggests continuation.

Setup checklist

1. Bias: price respects a rising/falling MA stack or clear swing structure.
2. Extremes: %R ≤ −80 for longs / ≥ −20 for shorts; Stochastic in the same zone.
3. Trigger: close back above/below the decision level as Stoch K crosses D with you.

Entry

• Enter on close of the trigger bar, or on a small limit pullback to the reclaimed level.

Stop Loss

• Beyond the pullback extreme or ATR(14) × 1.3–1.8.
• Add a buffer for spread/news volatility.

Take Profit

• Base target: 1.5R–2R.
• Runner: trail behind micro‑swings or the EMA20; stand aside when oscillators re‑enter extremes against your trade.

Filters & notes

• Avoid trades ±30–60 min around high‑impact news on the pair’s currencies.
• Skip sessions with dead liquidity or flat/tangled oscillators.
• Risk ≤ 1% per trade; 2 attempts per side per session.