FX:CADJPY Canadian Dollar/Japanese Yen
Trend following trade methodologies are not easily understood by most, I've come to appreciate. The WVF backtesting that I've done suggests that it can be a useful method or tool. CADJPY is in a broad up-trend. The recent deep pullback on weekly followed by recent aggressive and filtered entry signals, could well spell further up-trend. Successful use of the WVF in this method of trend following requires much practise. WVF signals are valid only in certain circumstances and relative to their own time frame. http://www.newtrader.club/2015/10/06/revisiting-the-williams-vix-fix/
Comment: I've now moved away from Williams Vix Fix. It's reasonably good at spotting impulse changes and trend changes. Overall I'm more into following trends instead of spotting trend changes. It's still a useful indicator.