Today I Learned: William %R and Stochastic show the same signal for BTCCHINA:BTCCNY by ChartArt

"Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. It reflects the level of the close relative to the highest high for the look-back period. In contrast, the Stochastic Oscillator reflects the level of the close relative to the lowest low. As a result, the Fast Stochastic Oscillator and Williams %R produce the exact same lines."

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I also discovered that John Ehlers' ZeroLag EMA shows the exact same signal as the classic double exponential moving average (DEMA).

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Indicator: Zero Lag EMA & a simple trading strategy

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