Chaos Theory by Bill Williams - page 9

[Sergey Golubev]

Learn how to design a trading system by Fractals

A new article with a new technical indicator in our series as we will learn how to design a trading system based on one of the most popular technical indicators that's the Fractals indicator.

[Sergey Golubev]

Learn how to design a trading system by BW MFI

Here is a new article from our series about learning how to design a trading system based on the most popular technical indicators. We will present in this article a new technical tool that can be a useful addition to your trading, especially if you use it accompanied with other technical tools to get better insights. We will get acquainted with Bill Williams' Market Facilitation Index (BW MFI).

[Sergey Golubev]

Bill Williams Strategy with and without other Indicators and Predictions

Bill Williams has a doctorate in Psychology, this is important because some traders use markets sentiment. This is very used and can be done with a sentiment script with an IA to score the sentiment of traders feelings with web markets scrapping in a for example social web. At the end of the article, there will be an example of Sentiment Analysis of market news.

Bill Williams psychology formation helped him adapt psychological concepts to trading. He studied market from a human perspective and how emotions deal with traders and its trading. Hi had a holistic view of the market, and he thought the market was chaotic and markets must be studied and traded taking this into account for our benefit. This will be discussed with the Indicators.