Williams %R

Discussion in 'Technical Analysis' started by Pekelo, Feb 28, 2006.

  1. KS96

    KS96

    who is buying beers tonight? :D
     
    #61     Mar 2, 2006
  2. Pekelo

    Pekelo

    Of course me. 1 signal so far 15 points gains... :)
     
    #62     Mar 2, 2006
  3. KS96

    KS96

    We should invited mr. Williams for a round or two...
     
    #63     Mar 2, 2006


  4. Just think..................tens of thousands of traders came before you and failed, and YOU were the only one 'smart' enough to have found the holy grail in using a widely publicized indicator on a free charting site. Bravo!

    When that indicator makes you rich beyond your wildest dreams, please report back, as I have a nice bridge that spans the Gulf of Mexico in Utah I would like to sell. You appear to be a prime buyer for such an item. :D


    st
     
    #64     Mar 2, 2006
  5. KS96

    KS96

    hey! stop harrasing him. He is buying beers tonight....
     
    #65     Mar 2, 2006
  6. Pekelo

    Pekelo

    How much that bridge costs? I might be interested... :)

    2nd signal 25 points. Very nice. I am still buying that beer...

    Seriously, using an indicator depends on several things:

    - trading vehicle
    - software
    - timeframe
    - indicator setup

    Thus you can see that literally thousands and thousands of variatons exist. Couldn't it be possible that something works in one setup, but it doesn't work in another one?

    But anyway....
     
    #66     Mar 2, 2006
  7. Pekelo

    Pekelo

    3rd signal was a loser, the 4th made it back, the 5th is 10 points.

    Let me count, that is 50 points with 5 signals, and I actually played badly the first one. I think I could stop for the day....

    You guys are really funny. You really want me to believe you, the naysayers instead of my own eyes and data??

    Anyway, what kind of beer you guys want? :)
     
    #67     Mar 2, 2006
  8. cnms2

    cnms2

    This thread reminds of nyc-hotshot's DMI/ADX consistently works. He disclosed his successful trading method, but it couldn't be replicated by anybody else. Eventually this was partially caused by the incorrect DMI/ADX's calculation by his charting provider.

    Anyway, Pekelo's William %R unbelievers made clear their reservations. Future will prove them correct (as I expect) or wrong, and Pekelo will foot the bill or rip the profits (which I doubt).

    I don't have the heart (and patience) to watch it. :(
     
    #68     Mar 2, 2006
  9. Pekelo

    Pekelo

    3 more signals, all profitable. Today ended up the same way like yesterday, 8 signals with only 1 loser.

    I am not going to post the chart, anybody interested can go and look for it, and I assume you guys have charting software anyway and its below you to use a free website...

    Oh, one more thing. It really works nicely on the bigger timeframe with bigger stops, but you wouldn't believe me, would you? :)
     
    #69     Mar 2, 2006
  10. ==================
    We appreciate your youthful energy;
    actually put a Williams%R on all charts today, believe it. or not.

    And what we were trying to hint/ warn you about;
    10 trades or even a weeks worth of trades, is at best a small , small sample.

    Hope this helps.:cool:
     
    #70     Mar 2, 2006