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Experimental Williams Trading System

System for: MetaStock

 

 

Views:  1930

Added: February 07, 2007
 
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Tags: MetaStock, system
 


A trading system based on work of Bill Williams from jcob3@prodigy.com. I tested this on several different stocks and it shows potential. I really haven't spent too much time on it yet so I'm not yet sure of the significance of the other indicators. The above was just what I could throw together based upon what my eyes on the chart with the indicators showed me.
Jeff

 

 



Code:

Chaos Blue BL

Ref(Wilders(MP(),13),-8);
{Alligator Blue Balance Line - Jaw} {13 bar smoothed average offset 8 bars}



Chaos Green BL
Ref(Wilders(MP(),5),-3);
{Alligator Green Balance Line - Lip} {5 bar smoothed average offset 3 bars}




A trading system based on work of Bill Williams from jcob3@prodigy.com

Experimental Williams Trading System
Enter Long:

Cross(C,Fml("Chaos Green BL")) AND Fml("Chaos Green BL") > Fml("Chaos Blue BL")


Close Long:

Cross(Fml("Chaos Green BL"),C) AND Fml("Chaos Blue BL") > Fml("Chaos Green BL")



 




 

Code to difficult? Find somebody to help you with coding here.

 


Source: http://www.equis.com

 

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