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matt9752
13 יולי 2022 20:20

Williams Divergent Bar (First Wise Man) 

תיאור

Based on Bill Williams' First Wise Man. Bull candles are marked with purple and Bear candles with blue.

Requirements:
- Candle height must be greater than ATR (filter out tiny Doji candles)
- Open and Close must be beyond the HL2 (midpoint) for either Bull or Bear scenarios
- Candle HL2 must be more than 1x ATR from the Alligator Jaw (13-period SMMA, pushed forward 8 periods). The dark blue line in my example.
- ATR is calculated using a 13-period RMA of the true range
תגובות
dmbpx7
You lad understand it all! thank you very much for this template.
עוד