PROTECTED SOURCE SCRIPT
Anas Williams %R 2 candles confirmation
from Larry R. Williams description to confirm trend continuity by waiting for candles after crossing the upper and lower bands
if the color changed green this means uptrend probability take long positions and if the color changed red this means down trend probability and take short positions
if the oscillator crosses the band and color not changed and bounced back bellow 50 % this is signal as the oscillator line color
if green and bounced from lower band buy , if red and bounced from upper band sell .
if the color changed green this means uptrend probability take long positions and if the color changed red this means down trend probability and take short positions
if the oscillator crosses the band and color not changed and bounced back bellow 50 % this is signal as the oscillator line color
if green and bounced from lower band buy , if red and bounced from upper band sell .
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.