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Re: Dynamic zone indicators ...

#241
Firstly Many Thanks for the generosity of You Wonderful People, It really is appreciated.
I've been through all comments, looking for a MTF DZ onchartWPZ.
Is it available?
Many Thanks


Re: Dynamic zone indicators ...

#242
Sanni123 wrote:
Fri May 12, 2017 9:57 am
Firstly Many Thanks for the generosity of You Wonderful People, It really is appreciated.
I've been through all comments, looking for a MTF DZ onchartWPZ.
Is it available?
Many Thanks
Sanni123, please excuse my ignorance but what is a WPZ?

Re: Dynamic zone indicators ...

#243
mrtools wrote:
Fri May 12, 2017 10:09 am
Sanni123 wrote:
Fri May 12, 2017 9:57 am
Firstly Many Thanks for the generosity of You Wonderful People, It really is appreciated.
I've been through all comments, looking for a MTF DZ onchartWPZ.
Is it available?
Many Thanks
Sanni123, please excuse my ignorance but what is a WPZ?
My bad. I was referring to the indicator on the 3rd post 'DZ onChart WPR'. The signals look good on low time frames, but please excuse my ignorance what's a WPR?

Re: Dynamic zone indicators ...

#244
Sanni123 wrote:
Fri May 12, 2017 12:46 pm
mrtools wrote:
Fri May 12, 2017 10:09 am


Sanni123, please excuse my ignorance but what is a WPZ?
My bad. I was referring to the indicator on the 3rd post 'DZ onChart WPR'. The signals look good on low time frames, but please excuse my ignorance what's a WPR?
Sanni
WPR (Williams Percent Range) is actually Stochastic with a lil bit change
MLADEN : When you set stochastic slowing to 1 and chose low/high for price,they are exactly the same - except that wpr is in negative value - i guess that Larry Williams "invented" that negative values in order to have an excuse to rename the stochastic
as for i remember there is no DZ mtf on chart version of WPR till now,may be will be made by kind experts or use stoch at place
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Dynamic zone indicators ...

#245
Sanni123 wrote:
Fri May 12, 2017 12:46 pm
mrtools wrote:
Fri May 12, 2017 10:09 am


Sanni123, please excuse my ignorance but what is a WPZ?
My bad. I was referring to the indicator on the 3rd post 'DZ onChart WPR'. The signals look good on low time frames, but please excuse my ignorance what's a WPR?
Williams percent range
A bit mashed up stochastic, but for a full description you can check here : Williams %R


Re: Dynamic zone indicators ...

#246
Knowledge learnt, thanks for your generosity. Slightly confused, in that case the orange/green line which runs between the zones is indicating WPR and not an moving average as I initially thought.

Re: Dynamic zone indicators ...

#247
Sanni123 wrote:
Fri May 12, 2017 8:52 pm
Knowledge learnt, thanks for your generosity. Slightly confused, in that case the orange/green line which runs between the zones is indicating WPR and not an moving average as I initially thought.
I guess it should be WPR but without picture how someone will be tell which one line are you talking about
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Dynamic zone indicators ...

#248
Sanni123 wrote:
Fri May 12, 2017 8:52 pm
Knowledge learnt, thanks for your generosity. Slightly confused, in that case the orange/green line which runs between the zones is indicating WPR and not an moving average as I initially thought.
Could you show an example?

Re:

#249
mladen wrote:
Sat Feb 18, 2017 2:55 am
To start with (made by mrtools) :
Sorry for any confusion caused by me.
The image on third post.
Embarrassingly I have no idea how it calculates/indicates.

Dynamic zones WPR

#250
Sanni123 wrote:
Sat May 13, 2017 1:31 am
mladen wrote:
Sat Feb 18, 2017 2:55 am
To start with (made by mrtools) :
Sorry for any confusion caused by me.
The image on third post.
Embarrassingly I have no idea how it calculates/indicates.
That indicator is applied to an offline chart (as far as I can see)
Try using HA offline and then apply the dz indicator to the offline chart


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