Heikens

"Cycling Willy" Indicator very good tbuy/sell/trend signals!

This oscillator is based on the williams%R combined with EMA's for better signals. it shows momentum and ob/os signals and indicates market cycles.
you can switch between the two EMA's for more direct or filtered signals and smooth the %R if needed.

i added 4 alertconditions to be triggered on crossovers of signal EMA and Filter EMA.

please let me know in the comments what you think about the indicator!!

happy trading!






Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?