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Attachments: Consecutive Candles Williams %R and Volume with 55EMA Baseline
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Consecutive Candles Williams %R and Volume with 55EMA Baseline

Quoting danielhsc
{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?
Quoting james.trades
{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).
Quoting danielhsc
{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?
Quoting Sytj
{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).
Quoting danielhsc
{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
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