You are viewing a single comment's thread from:
RE: Trading Strategies // Technical Functionality of the Williams% R Indicator
I don't ususallly believe in indicators because it always have it's own downside. I reading the chart should be more than enough that applying indicators. Though William can also be a useful tool sometimes when determining the entry of a trade but not every time
neither do I @mandate
truth be told, I don't usually like to give to much attention to all those indicators and I rather focus on simple ones like price+volume action and establishing where we have line of support and resistance.
More indicators = more headache hahaha. And more dilemas, frustration and confusion. That's my impression anyway.
Hello @mandate
You may be right in your arguments, as indeed each indicator has its disadvantages, that's why I like to incorporate more than one indicator in my trading strategy, in the quest to increase my chances of success.
Best regards, be well.