Strong support for buying the dips and selling high on pullbacks using Williams%R [Arrow Indicator: WPRMA2]
Using Williams %R to strongly support buying on dips and selling on rallies [Arrow Indicator: WPRMA2]
https://www.gogojungle.co.jp/tools/indicators/19079
Can be customized by changing seven setting items. Includes alert features (email, sound, dialog).
※ This is an indicator with no repaint.
※ You can use it with your preferred settings.
For example, by adjusting parameters yourself, you can generate arrow signs as shown in the figure below.
Sign generation logic, that is,"Why does the arrow sign light up at that point?"You can use it as an arrow indicator after fully understanding this.
There are sister indicators listed below.
Arrow indicator that strongly supports buying on dips and selling on rallies using RCI: R1MA2
https://www.gogojungle.co.jp/tools/indicators/18438
Arrow indicator for strong support using RSI: Arrow Indicator: RSIMA2
https://www.gogojungle.co.jp/tools/indicators/18435
Arrow indicator for strong support using Stochastic: Arrow Indicator: STOMA2
https://www.gogojungle.co.jp/tools/indicators/18497
Arrow indicator for strong support using CCI: Arrow Indicator: CCIMA2
https://www.gogojungle.co.jp/tools/indicators/18452