menab 1 posts msg #155107 - Ignore menab |
12/26/2020 4:23:27 AM
Hello Traders,
I would like to exchange this long filter where it defines an entry point using William(14) and MA(20) - the logic basically is;
"the close is above MA(20) & William (14) = > -50"
That means that the stock has an attention and getting bought (not overbought), i usually wait 1 day or not depends on the forming candle, if it is bullish candle i might get entry in the same day also if volume is good comparing to past days that would confirm the entry, avoid the stocks where it has high spike in volume comparing to last days, it could be 1 day event or if you're live on stock fetcher it will show you immediately and it will be intraday trade
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Williams %R(14) 1 day ago is Below -50
and Williams %R(14) Crossed Above -50
and Close 1 day ago is Below MA(20)
and Close is Above MA(20)
and draw MA(20)
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i'm happy to receive any feedback
cheers
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