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- Published:
- 2008.11.15 06:52
- Updated:
- 2014.04.21 14:53
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Larry Williams indicator. It considers the influence of the secondary market on the trading market.
For the first time the indicator was suggested in the book by Larry Williams "Long-Term Secrets to Short-Term Trading", the "A New Indicator for Short-Term Traders...Will-Tell", "Will-Spread..." chapters.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/8528

The indicator shows the difference between Open[0] and Close[1].

This expert this one based on the indicator MACD. It works very well in the period of 1 hour. In a test(proof) of 36 months it(he,she) has a profit of 935 % (25 monthly %).

The EA is based on the "Trend Follower" strategy.

A variation on the Neuro nets topic: The trading system based on the interaction of the MACD indicator and a double-layer neuro net.