petteuk

pbfx_Williams %R

petteuk Updated   
This is the bundle of the indicators used by the amazing LauraT over at FF using her *new* method call Daylight Trading Strategy, just like her previous strategy, this one is even more minimalist and rule-based trend following / continuation of trend, more information on her forum thread.

FEATURES:
- 2 Smoothed Simple Moving Average applied to a default(14) Williams %R data

EXTRAS:
- (Experimental Only) Set of signals arrows that shows the cross after it gap enough to show "Daylight" according to LauraT setup;
- Trading Session Highlight, this is defaulted at London/New York sessions (can be edited) to make a better visual representation of when the best volatile hours are in play (this is not a calculation of volatility , is just the time of day based on market availability)

Added the Agressive Hourly Option published by LauraT
- This is a 1H chart setup, it has only been tested on this timeframe!
- Toggle "Show 1H Setup" on Settings to apply values on both Indicators (Daylight/Williams %R)
Release Notes:
Major update to system to reflect latest changes proposed by LauraT.

Features:
- Aggressive Mode, Custom Mode (define your own length)
- Middle level(-50 line) shifted 0 is now the center.
- Signal (dot) when Slow Line cross 0 level
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.

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