anashassan76

Anas Williams %R 2 candles confirmation

from Larry R. Williams description to confirm trend continuity by waiting for candles after crossing the upper and lower bands

if the color changed green this means uptrend probability take long positions and if the color changed red this means down trend probability and take short positions

if the oscillator crosses the band and color not changed and bounced back bellow 50 % this is signal as the oscillator line color

if green and bounced from lower band buy , if red and bounced from upper band sell .
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?