Williams Oscillators
BTCUSD 12H DMI ANALYSIS - BEARS STRONGThe DMI is showing bears in the lead and bulls are running out of real estate. Big move inbound over the next few days. See chart for more description.
The Williams %R is overbought and due for a oscillating correction. Yet divergence is always a possibility. Set alerts on trend line crosses and let tradingview work for you!
OVERBOUGHT!! - Add to watchlistAlthough a good stock to add to the watchlist, it is currently overpriced.
I would like to see this get below the 80MA which according to the Williams% chart, tends to be when the stock is oversold.
HUBS currently needs a lot of movement to get down to the 80MA, set alarm up crossing the $200 and watch daily from there moving forward.
The green area is an up trending resistance zone which has been recently tested, will it breakthrough the resistance?
There's a good chance it will however I'm hoping for a correction, where speculators can potentially buy in around the $225 mark.
I personally won't but I don't like to speculate or take the riskier approach.
Potential USDJPY short - Ichimoku and Williams %R confirmationPotential short on USDJPY, breaking out of the Ichimoku cloud and awaiting close with Chikou below price and Kijun & Tenkan confirmation. 75 period Williams %R below the 50 SMA, I use this on most of my algo based trades as a confirmation of the trend bias. Also dollar looking weak after 4.8% fall in GDP during first quarter.
USDCHF Long - High MA Broken with Williams %R ConfirmationPrice has broken above the smoothed moving average high indicating strength in the trend, the slow Williams %R is above th SMA indicating an uptrend and the ADX(not on the chart) has broken above the 25 level suggesting a new strong trend is forming.
Overbought and oversold on XRPBTCUsing the Williams R% oscillator indicator since July 2019 we can see overbought and oversold states on XRPBTC. Here are two types of vertical lines: greens and orange.
The green lines are the moment when the position should have been open and the oranges when it should have been close.
The arrows show whether price should have risen or fallen according to the indicator.
The conservative signal for a long position is when the line breaks up the bottom dashed and the -50.00 line. The signal for a short position is the mirror. At this time, the signal is for a long position from 27 Mar until the line breaks down the -50.00 line again.
Note: Stop loss and take profits are only illustrative.
Chart: D
LTCUSD 1D BEST MOMENTUM WILLIAMS %R SHORT TRADE STRATEGYThe Best Momentum Trading Strategy using the Best Forex Momentum Indicator
Our team at Trading Strategy Guides believes that smart trading is the way to build the best momentum trading strategy. In this regard, we don’t want to predict when the momentum will happen, but we let the market tips his hands and then react.
One principle of the momentum indicator strategy is, “buy high to go higher” and “sell low to go lower.” In other words, we trade in the direction of the trend while having the momentum on our side.
Step #1: Define the Trend. A Downtrend is defined by a Series of LH Followed by a Series of LL.
The definition of a downtrend is pretty much standard. In a downtrend, we look for a series of lower highs followed by a series of lower lows. Two LH followed by at least another two LL is enough to define a downtrend.
A lower high is simply a swing low point that is lower than the previous swing low. While a lower low is simply a swing low that is lower than the previous swing low.
All momentum traders know that the trend is our friend. But without momentum behind the trend, we might actually not have any trend.
For active traders, we also look at the actual price action in order to gauge momentum. Besides reading the best forex momentum indicator.
Step #2: In a Downtrend - Look for Bold Candlesticks that Close Near the Lower End of the Candlestick.
A technical analysis concept is that you want to use multiple confirmation signs when buying and selling. This will increase the likelihood that’s a high probability trading setup.
In this regard, the momentum trading strategy besides using the best Forex momentum indicator also incorporates the price action.
A practical way to read momentum from a price chart is to simply look at the candlestick length. What we want to see in a downtrend are big, bold bearish candlesticks that close near the lower end of the candlestick.
The upside price movement is preceded by big bearish candlesticks. This confirms the momentum behind the trend.
Step #3: Wait for the best Forex Momentum Indicator to get overbought (below -20). Then rallies below the -50 level before Selling.
We’re going to use Williams %R, the best forex momentum indicator in a smart way. In a downtrend, we sell after the best forex momentum indicator has reached overbought conditions (below -20). And then rallied back below the -50 level.
Now, we have confirmation from both the price and the best forex momentum indicator. The real momentum is behind this trend and the probabilities are in favor of more downside prices from here on.
Note* If the best forex momentum indicator continually stays in overbought territory (above -20 level), it signals a strong momentum and conversely a strong trend. Inversely the same is true in a downtrend.
Step #4: Place Your Protective Stop Loss above the Recent Lower High.
We want to hide our protective stop loss. It is above the most recent lower high level that formed right before the best momentum trading strategy issue the sell signal.
Alternatively, you can also trail your stop loss above each most recent lower high. This strategy will allow you to lock-in the potential profits in case of a sudden market reversal.
Last but not least the momentum indicator strategy also needs a place where we need to take profits, which brings us to the last step of the best momentum trading strategy.
Step #5: You find your own Take Profit or Take Profit once we break below the Previous Lower High.
A trend in motion can stay in that state longer than anyone can anticipate. And since we want to maximize our potential profits we let the market tip its hands before liquidating our trades. In this regard, we look for a break in the trend structure. Respectively a break above the most recent lower high.
Alternatively, you can take profit once the best forex momentum indicator breaks above the -50 level.
Note** The above was an example of a SELL trade using the Best Momentum Trading Strategy. Use the same rules for a BUY trade.
WHY A BEARISH BIAS FOR NFP TRADELet 1st 15m bar close
1st bar closed below Kijun-sen,
+ vol, oversold %R, Red Macd bar
Wait for a 23%+ fib pullback retrace
2nd bar 38.2%+ pullback & closed below 38.2% level
Enter on open of 3rd bar
3rd bar CLOSE confirmed bearish bias because
Volume+, Oversold %R, Macd red bar
You find your own SL and TP
BEST 15M TRADE STRATEGY USING MOST CURRENT PROGRAMED INDICATORS THIS SHORT TERM TRADING STRATEGY IS USING THE MOST CURRENT PROGRAMED INDICATORS TODAY
IN THE MARKET.
Trade pairs with no news that trading session.
Trade daily trend of either the current 4H or Day chart (MACD/SIGNAL LINES, 5/10EMA LINES SHOW DIRECTION).
US session - trade anytime after CLOSE of 1st 15m bar as NYSE opens - 9:30 am ET.
Asian session - trade anytime after CLOSE of 1st 15m bar as JPY opens - 8 pm ET.
UK session - Trade anytime after CLOSE of 1st 15m bar as GBP opens - 3 am ET.
Add Kijun-Sen indicator - The Kijun-sen also means "base line" and is the mid-point of the 26-period high and low. When the price is above Kijun-sen then short- to medium-term price momentum is up (price below momentum is down). This indicator determines trade directional bias.
Add volume indicator - check volume MA box: shows you the average atr value line (choose whatever color).
Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
We look for the volume bar to have reached the volume ma line to trade 100% position size or at least reach. 75% to the volume ma line to trade 1/2 position size. Do not trade if these rules are not met. (Reset setup).
Add %R indicator - Period 10, levels -20/-80, add -50 level, your own line color preference.
Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market.
We look for oversold condition below -80 level to confirm short entry or over bought condition above the -20 level to confirm long entry. This is contrary to past training but this works best on smaller time frames for the %R indicator.
Add Macd - faster settings of 12 - 17 - 9, Histogram only, make all bars red & green, uncheck macd & signal lines.
We look for histogram bars to be moving towards the zero line or a cross over of the zero line to confirm entry.
Trade Management: trade anytime after trading session candle CLOSED.
1 - Position size (compare volume bar to volume ma line).
a - Candle must have reached the average volume line 100% for a full position size.
b - If 75% of average volume line then ½ position size.
2 - Enter two trades.
3 - SL for both trades will be 5 pips above Kijun-Sen+ line.
4 - 1st trade TP will be 12 pips or 1 x ATR of pair.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price or exit if price stalls.
EURAUD 15m Short Trade - 1st 15m candle close of NYSE open.
1 - Price below Kijun-Sen+ base line so bearish bias.
2 - Volume bar at ATR average line so price has momentum - trade 100% position size.
3 - %R oversold below -20 level confirms entry.
4 - Macd with red bar below 0 line confirms entry.
5 - 1st TP hit - 2nd trade SL moved to breakeven.
6 - As price continued to fall 2nd trade SL followed highs of previous candle to current price candle.
7 - Either SL was hit or exited trade because price candles stalled sideways.
Lagging Weekly Indicators Confirm Start of Long-term Bull MarketThe weekly on XRP looks very similar to when wave-B ended in early 2017. The Green 5 Smoothed Moving Average (SMMA) has crossed over the longer term Blue 13 SMMA, the AO momentum has went positive for the first time in 12 months after creating a sextuplet peak, and we've also broken a fractal above the Red 8 SMMA. The last time we had a bullish cross like this we went parabolic for an entire year. This seems to confirm our leading indicators saying that the bottom was near. Now the probability that we've rounded a long-term corner is very high and we could see some relatively violent price action to the upside starting this month. Wave-E will likely be somewhere between 62-100% of Wave-C in price on a logarithmic scale, and similar in time or slightly longer. This means XRP could go to somewhere between 15-150 within the next year or so. Many other cryptocurrencies should follow a very similar trend.
XRPUSD 1H WILLIAMS %R CONTINUATION RE-ENTRY STRATEGYFollow Williams %R rules to enter original long
a Price mostly above 50 ema creates a bullish bias
b %R below -90 level for oversold market
c %R crosses above -50 level for entry
Williams %R Continuation Re-Entry Rules
a Price stays above 50 ema
b Pullback retracement makes %R to fall below -50 level
c Re-Enter when %R crosses above -50 level
Find appropriate SL - move SL as price and profit moves up
[LW] BONDS looking for a rallyI'll try to catch a bigger swing with Larry Williams on 30y US Bonds. He predicts bigger rally at around Xmas