Forex Factory (https://www.forexfactory.com/)
-   Trading Systems (https://www.forexfactory.com/forum/71-trading-systems)
-   -   Consecutive Candles Williams %R and Volume with 55EMA Baseline (https://www.forexfactory.com/thread/914079-consecutive-candles-williams-r-and-volume-with-55ema)

james.trades Apr 15, 2020 3:51pm | Post# 781

{quote} This is a good strategy indeed. Besides being ignored when trying to participate, I'm still making good money using it. {image} {image}
Hi, are you trading the system as per OP?

danielhsc Apr 19, 2020 1:43pm | Post# 782

{quote} Hi, are you trading the system as per OP?
Nope. Made two basic modifications:
1- Removed volume and volatility filter, since I didn't see any edge using it;
2- Use a simple MA (place it over %R - based on previous indicator) with half the period of the Williams %R, then when MA slope turns up/down, place a limit order at last trough/peak (last zigzag with same period of %R).

Sytj Sep 2, 2020 12:28pm | Post# 783

{quote} Nope. Made two basic modifications: 1- Removed volume and volatility filter, since I didn't see any edge using it; 2- Use a simple MA (place it over %R - based on previous indicator) with half the period of the Williams %R, then when MA slope turns up/down, place a limit order at last trough/peak (last zigzag with same period of %R).
Hi, when you say half the period of the Williams %R from the original 100 would now be 50 and the MA from 55 EMA to 55 SMA?

danielhsc Sep 21, 2020 9:02pm | Post# 784

{quote} Hi, when you say half the period of the Williams %R from the original 100 would now be 50 and the MA from 55 EMA to 55 SMA?
Actually I mean that for any period you choose for WPR, use a simple MA over it with half its period (if WPR period is 100, so MA should be 50).

Sytj Sep 25, 2020 1:20pm | Post# 785

{quote} Actually I mean that for any period you choose for WPR, use a simple MA over it with half its period (if WPR period is 100, so MA should be 50).
Thank you for the clarification


© Forex Factory