Williams %R Hook Reversal Strategy (C#). StockSharp

Author: StockSharp
N: 1506
v5.0.1 (7/30/2025)
Downloads: 70

The Williams %R Hook Reversal follows the Williams %R indicator as it quickly snaps back from an extreme.
When the reading moves above -20 or below -80 and then hooks toward the center, the prior thrust is likely exhausted.
The strategy buys when %R reverses higher from oversold while price presses new lows and sells when it hooks downward from overbought during new highs.
A tight percent stop controls risk and trades exit once %R hooks in the opposite direction or the stop triggers.

  • Entry Criteria: indicator signal
  • Long/Short: Both
  • Exit Criteria: stop-loss or opposite signal
  • Stops: Yes, percent based
  • Default Values:

    • CandleType = 15 minute
    • StopLoss = 2%

  • Filters:

    • Category: Reversal
    • Direction: Both
    • Indicators: Williams %R
    • Stops: Yes
    • Complexity: Intermediate
    • Timeframe: Intraday
    • Seasonality: No
    • Neural networks: No
    • Divergence: No
    • Risk level: Medium