Ma Williams R Strategy (C#)
Implementation of strategy - MA + Williams %R. Buy when price is above MA and Williams %R is below -80 (oversold). Sell when price is below MA and Williams %R is above -20 (overbought). The moving ave...
Install-Package StockSharp.Strategies.0164_MA_Williams_R -Version 5.0.2
Implementation of strategy - MA + Williams %R. Buy when price is above MA and Williams %R is below -80 (oversold). Sell when price is below MA and Williams %R is above -20 (overbought). The moving average shows the prevailing trend direction. Williams %R looks for overbought or oversold points relative to that trend. Fits swing traders waiting for pullbacks toward the average. Stop-loss distance comes from ATR.
Entry Criteria:
Long: Close > MA && WilliamsR < WilliamsROversold
Short: Close < MA && WilliamsR > WilliamsROverbought []Long/Short: Both []Exit Criteria:
Williams %R returns to middle []Stops: Percent-based using StopLoss []Default Values:
MaPeriod = 20
MaType = MovingAverageTypeEnum.Simple
WilliamsRPeriod = 14
WilliamsROversold = -80m
WilliamsROverbought = -20m
StopLoss = new Unit(2, UnitTypes.Percent)
CandleType = TimeSpan.FromMinutes(5).TimeFrame() [*]Filters:
Category: Mean reversion
Direction: Both
Indicators: Moving Average, Williams %R, R
Stops: Yes
Complexity: Intermediate
Timeframe: Mid-term
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium