test
wonderful
i will test it on demo
can you give mq4 ?
I'm still tweaking it, so when I have a v2 out, I'll post the mq4.
BTW, wait for the bar to close, or atleast about to close, before making an entry. And use other indicators with this, don't use this exclusively.
Also a trend indicator would help, if a signal given goes against a certain trend, check other indicators such as a cci or an actual W%R indicator to see if a reversal is in place.
what trend indicator you used?
what trend indicator you used?
Heiken Ashi candlesticks. And EMA's.
v2 Out.
Visit my blog at http://4xjournal.blogspot.com to get v2 of the indicator. It fixes many of the issues in v1. v1 was made on the fly when I got the idea to make the indicator so bugs where present.
yes
i do what you say ...i try it on chart
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Made a buy/sell signal indicator using Williams %R.
Go Long on Solid Green Up Arrow; Close the position on Hollow Green Down Arrow.
Go Short on Solid Red Down Arrow; Close the position on Hollow Red Up Arrow.
I haven't back or forward tested this yet.
This works best with a volatility indicator like the BBands; meaning, don't take a signal if its has a narrow channel.
I'll post source after v2.