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RE: Trading Strategies // Technical Functionality of the Williams% R Indicator
Interesting choice of topic @lupafilotaxia.
I've surely never heard about this particular indicator.
I surely found this post worth reading and it never hurts to learn something more. However ...
truth be told, I don't usually like to give to much attention to all those indicators and I rather focus on simple ones like price+volume action and establishing where we have line of support and resistance.
More indicators = more headache hahaha. And more dilemas, frustration and confusion. That's my impression anyway.
Have a pleasent sunday buddy. Upvote on the way :)
Yours, Piotr
Hi @crypto.piotr
Certainly the more indicators we attach the more confusion will be generated, even more disorder at the graphical level, however, I like to incorporate more than one indicator in my trading strategy, in the search to increase my chances of success, plus knowing the technical functionality of multiple indicators is a plus when you want to get out of doubt.
Best regards, be well.