Stock Predictor trading strategy

Williams %R Late Entry

Late Entry waits for Williams %R to leave a zone instead of entering it. This avoids buying while the price is still falling.

Strategy group

Williams %R strategies

Based on

Williams %R

Typical parameters

n = 14 days, w = −80, v = −20

It buys when %R rises back above the lower limit w and sells when %R falls back below the upper limit v.

Trading signals

• Buy when Williams %R rises from below w to above w.
• Sell when Williams %R falls from above v to below v.

Strategy rules

IF %R[t-1] < w <= %R[t]
   THEN GO LONG
IF %R[t-1] > v >= %R[t]
   THEN GO SHORT

Where %R[t] is today’s Williams %R, [t-1] yesterday’s, and v > w.

See also: how the Williams %R indicator is calculated.