BankIndia : Sneak-Peek with Williams Indicator

Usually people call it with many other names, but anyway its one of the indicators developed/used by Bill williams & as any other strategy if you apply with proper plan you can win most of the time & make money. It depends on how you apply & if you have bit of coding skills, try it out with trade signal generation in Pine script.

Happy Trading :)
so level 2 talk or leve 3, in cricketing terms, bouncer.
can you explain about the indicator a bit... does it work on the downside also? is it something about accumulation//distribution?
InsiderB TOP Parasuram
@Parasuram, hmm.. it works on both side & on 15 mins why bother about accumulation / distribution, probably on higher tf's.. yeah try it out :)
@InsiderB, sorry missed out on the 15 minutes part.. but just asked as a principle does that indicator captures accumulation and distribution..! thanks
InsiderB TOP Parasuram
@Parasuram, Yes it can be used for A/D
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