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matt9752
13 Jul 2022 pukul 20.20

Williams Divergent Bar (First Wise Man) 

Huraian

Based on Bill Williams' First Wise Man. Bull candles are marked with purple and Bear candles with blue.

Requirements:
- Candle height must be greater than ATR (filter out tiny Doji candles)
- Open and Close must be beyond the HL2 (midpoint) for either Bull or Bear scenarios
- Candle HL2 must be more than 1x ATR from the Alligator Jaw (13-period SMMA, pushed forward 8 periods). The dark blue line in my example.
- ATR is calculated using a 13-period RMA of the true range
Komen
dmbpx7
You lad understand it all! thank you very much for this template.
Lebih