The Secret to Williams R That NO ONE Has Told You About

[@AndrewPaul-yr9zm]

I FEEL THERE ARE PEOPLE WATCHING THIS VIDEO AND JUST THINKING WHY THEY'RE NOT PROFITABLE YET AND I WANT TO USED THIS OPPORTUNITY TO TELL YOU THAT YOUR TIME WILL COME AND ALL YOUR DREAMS WILL BE ACHIEVED. I AM ROOTING FOR YOU

[@TopDogTrading]

I really appreciate your kind words and encouragement! It means a lot to have such supportive viewers rooting for one another!

[@Christian_nkwachi]

God bless you sir! Sometimes I feel like giving up.

[@abrahanachinchilla1547]

😊

[@henrydacus949]

Thanks much !

[@danielfeyerabend904]

Hello Sir, I watched your video and did some testing. I agree with your description and use. I saw something that looked very interesting. If price is above the -50%, the movement is generally a Buy. If below, then a Sell. I set the Length to 50. Then I adjusted the bands to -43% and -57%. I also increased the background color opacity to highlight that range. Anytime the line is within that range, price is not worth trading. A crossing from one side to the other is very accurate for the direction of the market. Above -47% is a Buy. Below -57% is a Sell. This appears to work on multiple time frames and across Forex pairs, commodities like Gold and Oil, and Stocks. I hope this is useful.

[@danielfeyerabend904]

Correction: "above -43% is a Buy"

[@TopDogTrading]

Thanks for sharing your insights! It’s great to hear that you’ve tested these strategies and found them effective across different markets. Your observations could really help others refine their trading approach!

[@GreenEarth140]

Thank you VERY VERY MUCH FOR THAT INFORMATION !!!!! You are 100% CORRECT !!!! All a Trader needs to do is be PATIENT !!!!! And WAIT for the breach of those levels !!!!!

[@danielfeyerabend904]

@@GreenEarth140 Glad to help. You may try adding an EMA 30 or 40 to help with confirmation of trade direction.

[@I3lazedOne]

Have been looking for a %R banded oscillator. They all go from 0 to 200. Is there one that's actually banded to the 50 line??? On TV 😅

[@basschot3302]

When I first came into contact with trading and learned about it, al lot of tutors told me only to trade the bare price action chart (so without any indicators). One of the reasons being that indicators are always lagging behind. But so is price action. But then I learned that even price action traders also use a minimum of indicators like EMA's, SMA's, VWAP, RSI, Stochastics, MACD etc,, And support and resistance levels are also basicly indicators...So then I started to doubt... I used the MACD (in the proper way like you taught in one of your other videos) and it works great. Many indicators also reflect perfectly trends, pullbacks, rejections, market structure etc..etc..In other words...they reflect PRICE ACTION. It just makes it easier in my opinion. Nothing wrong with that. I think using good and proven indicators is even better then say try to recognize patterns with the naked eye on a bare price chart. People love to see patterns where there aren't any. It makes it even more subjective. Anyway thanks again for your high quality content!!

[@TopDogTrading]

You bring up some excellent points! It’s true that while price action is fundamental, indicators can certainly enhance our understanding of market movements. It’s all about finding the right balance that works for you!

[@robertlevens7908]

W%R and Stochastics are same indicator with different scale value. Stochastic runs 100 at top to 0 at bottom. If you subtract 50, scale will be centered at 0, which can be useful. Thanks Barry for the reminder to buy when it goes high, sell when it goes low.

[@TopDogTrading]

Great comment. Williams %R is very much like the %K half of the stochastic indicator. %K uses lowest lows, whereas %R uses the highest highs over the set period, so %R inverts the scale by multiplying by -100

[@northwestrider369]

Same with the traditional RSI. Most people look at the 80/20 lines for “over bought, over sold” but really on an up trend or down trend you are just looking for the indicator to be above/below 50. Above 50 on an up trend is showing strong move up. Below 50 on down showing strong down. Because what was 90 yesterday can be 70 today as the move continues.

[@alanhaynes9672]

'Overbought and Oversold do not exist in forex' Nice to hear someone else actually say it. It's actually hilarious that anyone would believe it does. Can you imagine a person walking into a foreign exchange to swap their mexican holiday dollars for peso's, then saying..."oh no the market is overbought, so I will swap them for Ringits instead!

[@TopDogTrading]

Haha, I love that mental image! "Excuse me, can I swap these pesos for Ringits? The market's just not feeling right today!" 😂

[@kevinwixson2440]

Thanks for the very helpful and instructional video. I've been at this for almost 3 years and I can't tell you how many times I've lost a trade by buying at "oversold," or how many times I've sat on the sidelines and watched a stock on a strong run, simply because bad training convinced me to stay out of "overbought" conditions. Definitely got yourself a new subscriber!

[@TopDogTrading]

Thank you so much for your kind words and for subscribing! It means a lot to know the content is resonating with you. Here's to your trading journey-cheers!

[@keyaar3393]

I have been telling this to my friends... what ever is sold is bought by someone, so that there is no free ones available.... They used to talk about over bought/ sold looking at te RSI. But RSI is the momentum indicator...

[@max55well]

Today I have officially deleted "oversold and overbought" from my dictionary of trading and analysis. Thank you sir.

[@TopDogTrading]

Nice! Ditching those terms is a smart move. Let’s keep it simple and trade like pros!

[@77solsken]

For bounded indicators like RSI and W% I use the terms "Heavy Buying" and "Heavy Selling" instead of Overbought and Oversold since that is the most appropriate takeaway you get from them

[@TopDogTrading]

That's an interesting perspective! Using "Heavy Buying" and "Heavy Selling" definitely gives a clearer sense of market sentiment. Thanks for sharing your approach!

[@User-k4p8r]

The minute he said there is no such thing as overbought or oversold, I knew he is smart

[@TopDogTrading]

Thank you for the compliment. Not sure how smart I am ... I learned most of my lessons from losing money, but at least I learned!

[@User-k4p8r]

@TopDogTrading same thing here, but that's the nature of trading to learn from your losses to eventually end up making more accurate decisions

[@subramaniankumar6680]

I have been observing this indicator and today I got the right explanation. Thank you very much.

[@TopDogTrading]

I'm glad to hear that the explanation helped you understand the indicator better! Happy to assist!

[@Deciphertrading]

The indicator just tells if the price is in the higher part or lower part of the set length (14 candles standard), it basically makes a box of the last 14 candles and tells the price is close to the highest or lowest points in this period. Basically if it trades on the higher side it will be bullish, if it trades on the lower side bearish.

[@TopDogTrading]

Thank you for breaking it down so clearly! It’s always great to have insights from fellow traders who really understand the mechanics behind the indicators.

[@2221122211]

Thanks for the great video! One question remains on my side: What’s the buy signal, what is the sell signal. If this is the indicator simply passing -20 upwards for buy, at around 5:30 in the left part of the screen, probably around Nov 22 there would be a false buy signal. Second question, when to sell? Both in the case I just mentioned - apart from a regular stop loss - as well in the example of the bearish area you framed for shorting I couldn’t identify a sell signal which would be corresponding to the box you drew. Am I missing something here?

[@saveriofrancesca4047]

Williams %R is an oscillator. An oscillator will best serve you in a ranging sideways market and not a trending market

[@1techway]

I day trade futures. Would this indicator be beneficial for that?

[@TopDogTrading]

Yes, it would work equally well day trading futures with it.

[@stever3211]

Hello Dr. Burns Long time member and subscriber. I would be interested in knowing if the Williams R is capable to trade on futures and any time frame or strictly for daily charts and stocks?

[@TopDogTrading]

Hi there! The Williams R indicator can be used for various time frames, including futures. It’s versatile, so you can definitely apply it beyond just daily charts and stocks!

[@fun3721]

The example shown in the video where the indicator is above -20 happens only in strong trends. Most of the times we see indicator will hit the top line and drop off.

[@stevensteven3417]

Cherry picked charts

[@Waves-n5s]

As we are pretty much measuring the strength of the advance or decline, does the Williams have an advantage over RSI?

[@TopDogTrading]

Thank you for the question. They are very different formulas, so each has its strength and weaknesses compared to the other.

[@QuietMoney007]

Wow just tried this on synthetics working like a bomb so far thank you

[@TopDogTrading]

Thank you for sharing your success! It means a lot to know that the tips are making a difference for you.

[@panerai164]

Any particular timeframe? I want to backtest this, I've been trying to do that with RSI all week. Thanks for the video!

[@old_lem]

Wow!🤯 Officially a new subscriber!

[@TopDogTrading]

Thank you so much for subscribing! Your support means the world to me!

[@jochenheins8763]

Hi Barry, you probably know this but you do not mention it in your video (which is a great video, thanks!!): There is a strict mathematical relationship between Williams R (W%R) and Stochastic (S), which is simply S = 100 + W%R. So S is a kind of inverse mirror of W%R, the one above zero while the other is below this line. This can be easily seen by plotting both indicators on a charting software with the same period parameter (e.g. on Tradingview). Since S is the basis of your timing indicator: Am I correct in assuming that the entry/exit strategy you present in this video is the same as your timing strategy using only W%R as the trend strength indicator?

[@EscapeTheMatrix-o4c]

Did your strategy in a series of 20 trades in 1:2 RR. 45% profitable. In 1:1 RR 62%. If I let the winners run to 1:5 beyond then it drops to 28% . Overall nice winning strategy. Good luck

[@aurangzaibchaudhry4776]

I am 60 years old now , I graduated in 1997 , Same year I met Bill Williams to learn this along with Elliot Wave theory at Alabama . 1997 and till today , I have 3 levels set into my williams percentage Range indicator , negative 20 ,,,,,, negative 80 and negative 50 ,,,, When there is a buy >>>> it crosses above -ive 80 and crosses above -ive 50 and remains above -ive 50 ,, it is buy ,,,,, until n unless opposite happens . with love from Pakistan . Stay Blessed .

[@TopDogTrading]

It's inspiring to see your dedication and expertise in trading! Your insights on the Williams Percentage Range indicator are incredibly valuable. Thank you for sharing your knowledge with us!

[@aurangzaibchaudhry4776]

@@TopDogTrading Also I have developed MT4 and MT5 versions for Williams % Range that plots Arrow and sound alert on -ive 20 ,,-ive 50 and -ive 80 on Buy as well as on Sell side >> on the same candle while crossing the level . Sharing it in a moment .

[@owaisiqbal1739]

Can you kindly inform me of third setting ..I have able to find only two -ve 20 and -ve 80..I mean is third one available in indicator or you have modified it ? Does it work in psx ?

[@Ahmadabbasi65i]

Interesting because I am now 60 and started trading in 1988 and still am but unfortunately made huge losses and learned the hard way in fact I want to learn again from the beginning because it is very clear I have adopted bad habits for trading and I did not ever have any trainer just sharing

[@aurangzaibchaudhry4776]

@@Ahmadabbasi65i in 1988 there was no term that can be called Retail traders / trading . Back than there was on only corporate trading ,, meaning >>> only brokers or brokerage houses were involved , I started in 1998 with a brokerage house with MT3 plate form,, How did you manage to do trading in 1988 when there were no MT4 or MT3 plate forms,,, does NOT exists ,,, Big question for me ,,,, Second thing I would like to look into >>>> there are only 2 theories that can shed light on ,, future events of market First Wycoff second Elliott wave ,,,Have you mastered any of them ,,,, if you have mastered e.g. Elliott wave than you can use this william's % range to confirm the reversal . and never had a bad day in your trading journey . Have a nice day .

[@PujiPamungkas-ko4db]

The principal is the same, even if u use stochastic, rsi, macd. Thanks for the video

[@TopDogTrading]

You're welcome, and thank you for sharing your comment.

[@OvercomingInertia919]

This is how I use the CCI. It's not just for detecting reversals, but also measuring trends, strength and staying with the trend

[@TopDogTrading]

Love that you’re on the same page with me about it, and that it's working so well for you.

[@OvercomingInertia919]

@TopDogTrading it's pure math, my friend. What you described in the video will help newer traders understanr that we are acting more like air traffic controllers using physics to plot an aircraft's trajectory while actually observing its course rather than guess. I'm surprised to see someone share this insight. You saved most people from taking those signals as momentum divergence from price in error. Guys, if you're new to trading, the advice in the video will save you years of frustration and chasing trends

[@PabloRibeiro_av]

I watched the lesson, it was interesting, thank you! The moment to enter is clear, but the moment to exit the trade wasn’t very clear, since the Stochastic lines cross downwards again, even during the upward movement...

[@TopDogTrading]

Exits is a separate issue and would need to be covered in another video. The Stochastic indicator isn't good to use for exits.

[@andyarnottmelsmith6517]

Can I ask? When the indicator reaches the, for example the non oversold area you wait until it goes to the opposite area? If not, how do you establish which time it is going to go the opposite way? Because there are times where it does follow suit. Or do you just trade opposite every time it gets to one of the areas? ** I just added the macd with a suggested input change of 8,21,5 and when the williams indicator reaches the so called overbought area, as long as the macd shows green line over red, which is a lot of the time you are spot on and oversold and the macd shows red line over green. They work perfect together. Woukd live to know what you think.

[@TopDogTrading]

I like your additional comment because that's exactly the direction I was going to go in answering your question. This indicator BY ITSELF doesn't tell you when it will go in the opposite way. No one indicator tells us everything in trading, so a trading system is made of several components, that when combined, give us a probability scenario. Your MACD addition is interesting, I haven't specifically tried it with those settings, but glad it working out well for you and it makes sense!

[@andyarnottmelsmith6517]

​@@TopDogTradingit is very interesting. I've watched your videos for going on 100 years it feels like. Never miss one

[@adrianrobles6840]

It depends on the timeframe how the indicator accuracy was because how the candle move in each so the value follows. Find the best timeframe to follow these indicators and you can see how accurate it was. Its my thought

[@gus2020]

yup! i been trading for 2 years with rsi+stochastic and take tops and bottoms of both in 15m TF, works like a charm. the problem comes with a trending market, but in indicies doesn´t happen so often

[@LarryLaurel-q8q]

Do you use the default parameters on this indicator?

[@TopDogTrading]

Thanks for asking. Yes, I use the default parameters.

[@pramodnamdar87]

Hi Sir, what is the setting used for %R here on the Apple 1D chart?

[@TopDogTrading]

Thanks for asking, it's 14

[@1techway]

Would this same logic apply to the RSI indicator on an intraday? Or, does this only apply to the indicator you referenced on a larger time frame? Thanks.

[@aurangzaibchaudhry4776]

RSI level 50 is boundry ,,, above 50 is buy and below 50 is sell . little bit different from william % renage .

[@TopDogTrading]

Applies to intraday as well, but gets thrown off when there are gaps at the open.

[@eitan71]

another great video. so it's like the Stochastic, that "overbought" and "oversold" (i don't like these terms either) when they actually show the strength of the direction and not the opposite? talk about Stochastic, would it make sense to use both the Stochastic and Williams R as a confirmation, or is it just 2 of the same thing? Thanks!

[@TopDogTrading]

Great question, they are so close to being the same thing that it would be redundant to use both.

[@eitan71]

@@TopDogTrading good to know. Thanks !

[@thyrampantpigeon]

I had this exact idea, I checked them; the stochastic and William R were pretty much identical. Though, it does make me wonder, does either have any advantage over the other?

[@DrAL00isin]

I realized strictly day trading is not my game, but more swing trading using higher time frames and fundamentals. The market “noise” seems almost schizophrenic at some point, but I still want to improve in scalping and day trading, because holding stocks in this market can be a daily battle with heartburn.

[@TopDogTrading]

It sounds like you've found a trading style that suits you better! Good job and keep refining your strategies!

[@KevinT7274]

So think strong/weak instead of overbought/oversold.

[@TopDogTrading]

Absolutely! Shifting the focus to strong and weak can provide a clearer picture of market dynamics.

[@josephnorton9861]

I think 70 / 30 would work very well. What do you think. I'm going to try it.

[@TopDogTrading]

Thanks for sharing your thoughts! I'm excited to hear how the 70/30 strategy works for you.

[@DavidKnight33]

Good stuff thanks for the input. I would like to see you apply this to day trading and tick charts.

[@TopDogTrading]

It can be used for day trading and tick charts, but NOT as reliably because of the "saucer" metapattern of intraday charts, and because tick charts charts, by smoothing price action are not as conducive to use with volume or volume indicators.

[@thelittlesignpost]

I agree with you 100%, but I don't use any standard indicators, because the market makers know what you will do based upon what the indicators are telling you! If they want to fool you into a trade, they know where to do it! I use only volume and volatility!

[@camdougee]

Not true! They can’t monitor all indicators. But you really don’t need that many to be profitable

[@TopDogTrading]

Thanks for sharing your perspective! Volume and volatility are extremely valuable!

[@TopDogTrading]

You make a valid point! It's fascinating how profitability can often come down to just a few key indicators rather than trying to track everything.

[@srinivastangella]

at 09:12 in the video, there are two points ( on on the left and one on the right ) on the indicator where the graph is above -20. But you talked about the right side one...not the left side one. If we consider -20 as increase in bullishness, then right side one is a loss. Can you clarify ...how what you talked about applies there ?

[@pressedearth9492]

Larry is a legend!!

[@TopDogTrading]

Absolutely! Larry's contributions are truly unforgettable

[@marketmakerstreet]

I knew this already. Thank God im not the only one

[@TopDogTrading]

It's always nice to know we're not alone in our experiences! Thanks for watching!

[@loreta802]

thanks for this lesson.

[@TopDogTrading]

You're welcome! Just remember, lessons are like pizza-better when shared!

[@DarrylMcelveen-vj2bl]

Can this be used in futures trading such as ES

[@TopDogTrading]

Thanks for your question! Yes, this approach can be very useful in futures trading, including ES. I appreciate your interest!

[@goribhafizx]

This video will make me a millionaire

[@TopDogTrading]

Well .... that may be overstating things a bit, but I hope you find it helpful.

[@andyg.3509]

Fantastic. Looking forward to backtesting. Subscribed! Cheers man.

[@TopDogTrading]

I really appreciate your subscription! I’m glad you’re excited about backtesting; it’s going to be interesting!

[@regioncelestial]

going to backtesting as well. Thanks for sharing. already subscribed

[@jatingandhi2142]

Thank you for your guidance, Sir !!! Much appreciated.

[@TopDogTrading]

I'm really glad to hear that you found the guidance helpful! Your support means a lot to me.

[@tomaszgrzybek5435]

Dziękujemy.

[@ErnestKlokow]

There IS something like overbought and oversold! You are using the wrong parameters to show that reliably. Also you are cherry-picking your trades. The WPR can show OB/OS very well when using the correct parameters and smoothing it out with a moving average.

[@pizzaiq]

There's nonsuch tuing as OB or OS in forex... lol

[@bijuspointofview2988]

Thank you very much for these insights...

[@robertfildes5559]

so its used like the cci was origionally designed to be used or mini pup signals

[@CC-yq5bw]

We know the concept of ob/os is bad but we also don't know when things may reverse in these scenarios or continue into a long trend. I think if you sufficiently back tested a lot of different assets you would definitely find the method taught here does NOT always come out the winner, especially during non-trending periods. I therefore think it's not true to claim using it for reversals is always bad or even incorrect, it really depends.

[@gautamawhad528]

RUBBER BAND BEST TECHNIQUE .THANKS .

[@TopDogTrading]

You can get it as part of my free mini-course at RubberBandTrade.com

[@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?

[@mdmazeed]

What is the name of the indicator you are demonstrating in the video and also when I go to your website to access your Cycle indicator ..I cant fidn it ..Can you please advise ..Thanks

[@erickbueza]

It's William %R. You should be able to find in MT4/5, Tradingview, and most crypto platforms.

[@pizzaiq]

In the same vein people misuse snd misinterpret the entire RSI concept which is insanely powerful when used correctly. At HLs or LLs, you can see reversals a whole leg agead of when they happen. If you carefully look at RSI signal line you'll see that most trends start when signal crosses 50 at a sharp incline/decline and that's not about OB or OS. It's about strength of momentum. If most of your RSI is above 50 you're in an uptrend and vice versa. I shortened my signal SMA on RSI to be more sensitive and it's very accurate. People are stuck on methodology jargon and unplugged from using braincells. Not a surprise most retail loses money most of the time. Poor risk management and poor understanding of data.

[@pizzaiq]

I meant.. HHs

[@stevensteven3417]

​@@pizzaiqDo you mean divergences?

[@deivymendoza1980]

Wow man where have you been all my life lol thank you so much for this million gift ⭐️❤️

[@TopDogTrading]

You are so welcome

[@minutemartialarts3152]

I'll check it out. It could be an. Additional confirmation for what I already do

[@TopDogTrading]

That sounds like a great plan! Sometimes a little extra confirmation can really boost our confidence in what we’re doing.

[@BaronMage]

Looking for some teaching on scalping strategies, any video you can recommend me on?

[@GhostBear_Trader]

20/200 SMA, Oliver Velez teaches it for free.

[@Healthwithleo]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires of investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or diversify ?

[@adelineChulack]

While the market is promising, expert guidance is essential for effective portfolio management.

[@RosadorcasSladeWiggins]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@iuordanmatkov261]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@RosadorcasSladeWiggins]

She's Dianne Sarah Olson by name. please do your own research to see if she is suitable with your goals.

[@MonaghanMLOUISE]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. just shot an email. thanks for info

[@Unknown_Traveler_1]

Super helpful! Thanks!

[@TopDogTrading]

Glad you liked it! Let me know if you wanna dive deeper into anything!

[@Tunnyemah]

Super thanks!!! Never know on this before 😮😮😮

[@TopDogTrading]

You're welcome and I'm glad I could share something new with you.

[@trx3264]

Thanks for the insight!

[@TopDogTrading]

No problem! Just doing my part to save the world one video at a time!

[@electronicbox6990]

Great one, thanks!

[@TopDogTrading]

Glad you liked it!

[@andyarnottmelsmith6517]

I have read through and you have replied to every genuine comment apart from mine. Was there something wrong with mine???

[@TopDogTrading]

Your comment was great! I just waited until I had time to give a more thorough answer than I normally do!

[@sectauro]

Great Lesson, thanks .

[@TopDogTrading]

I'm glad you found the lesson helpful! If you have any questions or topics you'd like me to cover next, just let me know!

[@Roshini_s_miraskar]

Love it !.. thank u so much !

[@TopDogTrading]

Thank you so much for the kind words! Your support inspires me to keep creating!

[@miker5352]

does the Williams R indicator work on a 5min timeframe?

[@TopDogTrading]

It does, but if there is a gap from one day to the next, then it will throw off the readings of the indicator first thing in the morning.

[@abdulazizalhussaini8564]

you didnt tell us about the setting of the indicator

[@MindfulMatters734]

The rsi settings I've always used standard if that helps. It's just how I learned it. Happy trading.

[@danforex7288]

Isn't it really just the RSI basically anyway?

[@TopDogTrading]

Thanks for asking. It's more like the Fast stochastic than the RSI.

[@edstevens4439]

It is the D line of the stochastic with the 0/100 flipped.......a con job by Williams

[@LesMorrison-yb8ji]

Is that not a lagging indicator

[@nelmezzodelcammin]

Are you showing default values for w%R?

[@TopDogTrading]

Thanks for asking. Yes, that's the default value on my charting platform.

[@daviec8529]

@@TopDogTrading what is the default value ? 14? 20? ...

[@762dpd]

14

[@funkustomi]

Very educative.

[@TopDogTrading]

Thank you so much for your kind words! It means a lot that you found the content valuable!

[@AlexanderThaGreat]

Hey I notice it doesn't really lag...I backtested it on tesla and Nvidia and it crosses over signal line ahead of price jump every time..wow...usually a cross over happens after price jump

[@TopDogTrading]

That's awesome to hear! It sounds like you've done some thorough analysis. Keep experimenting with those indicators!

[@TamerRashdan]

It only works in trending markets In ranging markets, it doesn’t work In futures market, it rarely works

[@TopDogTrading]

Nothing works in all market environments, which is why step one should always be determining the current market environment, so you then can trade accordingly.

[@mastermao007]

there are so many williams %R indicators on trading view does anyone know which one to use ?

[@gtnz2439]

none of them

[@kidpoker007]

Wonder If this works on Futures

[@TopDogTrading]

Thanks for asking, and yes, it works on futures as well.

[@8figures714]

Thank you!!

[@TopDogTrading]

You're welcome!

[@illy8285]

Great video. I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brian Harding Dawahare

[@Aldonza658]

Wow. I'm a bit perplexed seeing him been mentioned here also Didn’t know he has been good to so many people too this is wonderful, I'm in my fifth trade with him and it has been super

[@CAROLRONNELLELIZABETH-ly2pt]

i agree with you , Brian is an expert in trading

[@juanpedro742]

Really you people know him? I was even thinking that I'm the only one he has helped walk through the fears and falls of trading.

[@jammiewood2121]

I'm new at this, please how can I reach him?.....

[@illy8285]

He's mostly on TELEGRAM,

[@CalRuffin]

I have been using the SMI the same way, Works like a charm,

[@TopDogTrading]

Thank you for sharing your experience! It's always great to hear when something is working well for others.

[@shshshshshize]

All indicators are useless. Here tip. Green no oppose then its green buy. Red no oppose then its red sell. Green, got hit badly won't go further and come back sell and vice versa

[@psrphotos]

Thank you.

[@TopDogTrading]

No prob! Glad you’re here! 😊

[@e.e.davila5540]

[@Calvin-og2wn]

Technical analysis works you have to use the lower time-frames because of Day Trading!!!

[@waltermorris5786]

It is good for divergences but the OBOS can backfire.

[@TopDogTrading]

You're absolutely right! Divergences can be a useful tool, but it's essential to be cautious with the OBOS indicators.

[@dansand6813]

Everybody=nobody

[@kompozix]

The Inner Circle Trader explains what really makes the markets move... and it's not indicators or buying/ selling pressure 🙂

[@kingbl4ckoffee]

LOL You still believe ICT? My goodness, you have to backtest everything. Do honest and good observation. How he recreated trading topics, repackaged them to resell as an entrepreneur and for influencers. LOL! He is cooking people with something he knew people wants to here. He is a good entrepreneur. He might know how to trade, but what he is teaching is not really how he trades. What he teaches suck, has no clear proof. He can't even prove it or himself in the Robbins Cup, he has been making various excuses every year so that dumb newbies get into this loophole of attending to his content over and over until you wake yourself up and look and judge honestly. Look elsewhere is the biggest tip you will get. Your trading journey is way much better staying away from ICT/SMC. lol.

[@samfkt]

​@@kingbl4ckoffeewhat to look for?

[@antwerks1]

easy to be a Monday morning quarterback

[@TopDogTrading]

Right, anyone can do that.

[@Czr350]

Centerline cross with ma 50 confluence

[@andrewbongani2408]

Indicators work in smaller time frame

[@alanwood4968]

Whose William R a right bill.

[@shoylu88]

its called an oscilator

[@TopDogTrading]

You're absolutely right!

[@roberttorrance731]

Can be useful for assessing covered call risks as well, I think. Thank you 🙏

[@TopDogTrading]

Absolutely!

[@cobar5342]

Indicators are largely a waste of time. They are lagging in the most part. I do not use any

[@kenfresno1711]

Good for you…

[@rogersan4352]

nice

[@TopDogTrading]

Thank you, glad you found the tutorial helpful! 😄

[@juniourcortes317]

Change it to W_AD....

[@YnWA591]

Confusing

[@TopDogTrading]

I appreciate you taking the time to watch, and thanks for your feedback.

[@waltermorris5786]

ANOTHER NICE review....HOWEVER, WILLIAMS TEACHES OB AND OS....Dont get me started on him, I know all all about his ways....His course 80 percent fluff. But it was advertised to show how he won the worlds contest....NO such thing.

[@GhostBear_Trader]

He won the contest by manipulation. He was later convicted on scamming his clients. Never repeated the winning year. That guy?

[@waltermorris5786]

@@GhostBear_Trader His best friend put to gather the contest...implies bias toward Larry. Now, I can speak from my personal experience with him. twenty five years ago I ran a study on channel breakouts. I discovered that the longer the channel, the greater the odds that once broken out...high or low, it will produced a clean breakout. That is, the price action will NOT reenter the channel. This is not a big deal I know, but still useful. I further discovered that at eight bars on any time frame, the odds of a clean breakout is 75 percent more or less. Later, I discovered that eight has to do with cycles. I shared this with Larry, believing he was a master. Six months later, I read in his advertisement to a seminar....You will learn my new timing on channel breakouts...the eight bar rule....I called him and stated...I see you confirmed it. And that is really what I wanted from him. He replied...I dont remember that. I restated...No, I dont remember you. Look, I gave it to him to use in any manner, but to not give me credit and lie to thousands of people stating he discovered it told me everything. He is a liar and likely a thief. I spent around one hundred hours figuring that out and he took credit for it. Oh boy, little does he know. I have further refined by channel analysis to a much more reliable manner. If I had been him, I would have said...Heck yes, and if you want I will give you a free pass to one of my seminars...thinking...this guy might give me more gems in the future. As a consequence, he never received more powerful techniques. Also, he stated, he has little use for price action...by implication, candlesticks....He is an old scammer who does not need to learn how to really trade.

[@usa4ever711]

@@waltermorris5786 This is interesting but I looked at a daily chart of Apple and saw many bars, much more than 8 within a channel before any breakout happened. How do you exactly count 8 bars? What am I doing wrong? Thanks!

[@MNTrader2012]

@@waltermorris5786 That's the Larry every old timer knows. He has new generations of worshippers to fleece now.

[@kingbl4ckoffee]

Most indicators were created for marketingn purposes. PERIOD. Look somewhere else and you shall find. 🤣

[@nelmezzodelcammin]

Wish I had known you before: lost it all now. Maybe in the next life.

[@TopDogTrading]

I'm so sorry to hear that. life can be a real rollercoaster sometimes. Hope you can find success in trading or another profession still in this life.

[@tommykain6229]

The fact that you watched this video is proof that it is not over. Never give up!

[@e.e.davila5540]

JC

[@TopDogTrading]

Free to the entire trading community: Get my "Cycle Indicator" tutorial at www.EntryIndicator.com BE CAREFUL OF COMMENTS BELOW! Scammers are getting much worse!! They are using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments, DMs, discord, telegram, or WhatApp. Long comment threads of "people" (bots) giving names of people making them lots of money are FAKE! 😡