Proof WILLIAMS % R is Reliable when used like this [mean reversion]

[@Cor430vette]

Mean reversion is king ..and you sir are the best teacher of it on youtube!

[@TheTransparentTrader]

Guys, I hope you find this video about Williams % R useful!

[@Cor430vette]

Great job always enjoy your channel.

[@TorinoTheScientist]

Thanks a lot for sharing - that you provide a strategy, timeframe and various permutations ALL CLEARLY TESTED means your videos are an absolute rarity and cut above in the sea of online trading videos. Do please keep them coming!

[@paulmarshall7794]

I have been playing with a 34 period Williams %R on the ASX200..... using trend lines works well, and using the 50 level as a support/resistance line.

[@atulkolhe5889]

My favorite indicator is Williams%R , and you explain a new informative article of upper, lower 10/90 , very informative article in this video

[@nivektracin4659]

What i like about this channel is the data you give not just bs hindsight

[@TheTransparentTrader]

Thanks!

[@duonganhquan6273]

Technically past data is hindsight though. But 10+ years period is very good sample size to evaluate a trading strategy

[@theCuchuoi1]

@@duonganhquan6273 depends on how you roll the test. If you just optimize through the entire thing you'll end up either overfitted or underfitted

[@jackyfrosty]

Mean reversion will get you wrekt in a trending market

[@tinaparker1780]

I was just thinking this!!

[@OneCreator87]

Hi! Thanks for sharing! I am a bit confused about the rules for the last filter you used (strength and weakness filter). Couldn't find an answer in the video.

[@ondrajunak8256]

Hi Jarod, thanks for another video, I am currently testing the strategy and it looks good. I am just not sure what you mean by adding filter strong / weak previous day. Could you be more specific about it please? Giving thumbs up👍👍👍

[@danielslattery4145]

Looks good, nice steady upwards curve. I can't figure what you mean by a previous strong day/ weak day as your filter. Like the range of the previous day?

[@DrMrsChaves]

Yes I was wondering as well. He seems to have brushed over this very important aspect.

[@jan7356]

"Even more similar to stochastics" is an understatement. It's identical to the the fast stochastics when taking away smoothing, except for a constant offset. Not sure if Larry Williams didn't know about the stochastic oscillator when he developed his oscillator or what's up with that.

[@raymondphilip6232]

Has different calculation

[@jan7356]

@@raymondphilip6232 Drop both on the chart and you will see it's identical. You can transform the calculations in a way so that they are the same.

[@raymondphilip6232]

@@jan7356 identical but still, they are not the same. Have different calculation and by calculation im not talking about the parameters of the respective indicators. Anyway do you trade systematically too? Or are you a hybrid?

[@jan7356]

@@raymondphilip6232 Maybe that's why Larry Williams did not realize that it's the same. He looked at the calculation and came to the conclusion that it's different. But it's not so easy. You can transform equations without changing the numbers that come out. x = 2*y + 4 is the same as x/2 = y + 2. They describe the same relationship. Anyway. When you drop them both on the chart. The fast stochastics needs to be unsmoothed, You will see that they are totally identical. And that's not a coincidence, that's because the equations for both indicators can be transformed into each other.

[@raymondphilip6232]

@@jan7356 i don't think he doesn't know that stochs is a thing. Anyways the formula: Stochs %K = (Close now - Low )/ Range Williams %R =( High now - Close )/Range *-100 Is it identical? Yes The same? No Stochs and %R have proven to be inconsistent why? The closer stochs is to big number = close now is far away from the lowest low of previous time ago = bullish The closer %R is to big number = close now is far away from the highest high of previous time ago = bearish Then there is a twist, %R *-100 ,, which inversed the indicator and now big number on %R = far away from lowest low of previous time ago = bullish Both identical but not mathematically the same. One utilizes Highest high and another uses Lowest low

[@soleray2]

honestly the number of subscribers of your channel is much lower than it should have been due to the quality of your videos for actual traders. i have made some profit due to some of your concepts but the situation is not steady due to people's normal weakness(if you are a actual trader you know what i mean), and that is why automatic trade has its own advantages.but hand made trades could make huge profit in short time compare to auto-trade. especially in futures markets. anyway, thanks for your sharing man. thumbs up bro.

[@Phurngirathaana]

Quality content again Love your channel Larry is a legend

[@TheTransparentTrader]

Glad you're enjoying it.

[@serafico23]

Hi Jarrod , thank you! What is the maximum drawdown in pips of this strategy?

[@hamidijafri]

used it. love it....but sometime it moves ahead of price. so be aware...

[@klydon12345]

Thank you so much. Who would have known?!!!

[@tempemail5337]

Awesome it’s works for my futures trading too. Thank You. 🎉

[@dcarsondavis]

Does this only work on Forex? What about options?

[@crazylikeafox3596]

Be sure and keep that camera changing viewpoints, Eliza.

[@andrewwilliams222]

Thanks Jared, what if you was to add a 200ema and only buy if below and sell if above when correlating with the Williams indicator ..... was doing a little back testing and this seemed to give better results.

[@TheTransparentTrader]

It's something worth testing! If I get round to it I'll share the results. Thanks Andrew!

[@hu5116]

Hi, this was a very interesting video! However you jumped around a lot, and left some important things out. For example, on the day trade strategy it was not clear when you actually started and ended trading. Also, you never mention HOW you measure that the prior day was a strong or weak day. That filter seems critically important to the success of this strategy. Thanks!

[@jeremymercer2518]

Looks at most cases those sell signals, especially after a long down trend. is the beginning of a long up trend to hold onto ..

[@tomaszgrzybek5435]

Dziękujemy.

[@connorcharman5473]

Average trade value so poor cos of a 250 pip stop loss that is huge is there anyway you can reduce it down

[@nielsendavid9543]

The 60-period works well for me

[@JacobPersonnalChannel]

great video and info. You can try to zoom in the camera and buy a really good mic.

[@terrysenyczko121]

I signed up for your course but can't figure out how to ask you questions when I have them? My first question is is it available only in audio or is it available on print somehow

[@TheTransparentTrader]

Hi Terry, please email me [e-mail] and i'll be happy to answer your questions and forward the links you need.

[@Dragonhunter1400]

Best content. Thanks!

[@myempire4eva489]

What you showed , seems like losing trades on chart

[@navketan1965]

Traders biggest enemy is trend flipping on A dime(e.g. 1H/lower time frames trend).Trend on 4H chart is the best trend guide for majority of forex swing traders( if one keeps trades for 3-7 days). By the time trader realizes that trend on daily chart is up, market has already gone up about 4-7 days & then if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start.Trend based on the last 5-10,four hourly candles has enough players/juice behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced asset. And I seek your wisdom?

[@sbhagtani]

This works better in sideways market. In trending situations it fails.device a strategy accordingly.

[@datboi449]

This is not how Larry Williams uses his %R, he teaches the exact opposite.

[@TradAWiz]

nice

[@stevengross4113]

Don't be fooled newbies

[@thestreamreader]

Wondering what happens when you combine multiple indicators into ine strategy so like RSI + Williams %R

[@FXCORRELATOR]

Stochs rsi Williams% ...........cmon they are all so similar Jarrod......

[@Yanisoz]

Profit 4% per year. in the best case, is absolute nonsense! And 300 pips SL?

[@joseandresruiz4360]

Mean reversion is real, but trading with something like williams R or RSI alone is something that even a dog can do. It obviously doesnt work long run as anyone can automate the strategy in less tna 5 minutes since 1990. XD.

[@ShowMexicanoyMas]

This truly works for me in strong trends with healthy pullbacks, enter in the next engulfing candle and ride it out Plus if you add trendlines, Support/Resistance and Stoch RSI it's very profitbale

[@joseandresruiz4360]

@@ShowMexicanoyMas 4 variables maybe? A fund could have easily automated that if it was truly profitable. Drawdowns of such strategy would render it useless to institutional risk standards.

[@iphone-diy]

ขอบคุณครับ

[@jatinshah7675]

Sir please accept Love and Respect from India ....

[@AyaankhanOffical3356]

💞

[@redwingsfan3621]

Can’t get past your tight coat. Unbutton it and breathe ha. 250 pip stop but when to exit? Just at the end of the day? Like your accent.