WilliamTrendFollower

With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions and catch up with continuous trends.

Combined with the WilliamsR indicator and the exponential moving average indicator.

The WilliamsR Fisher Transforms are combined with the ATR indicator to create a line that lags behind the moving average value.

Since it is a tracking indicator, we created a line that is more connected to the price and itself.
In this way, a curve close to the price line is obtained in uptrends and downtrends.


In this indicator, if you choose the parameters correctly, you can easily bypass the horizontal positions. This gives you a safe visualization of support and resistance points as well.

With this tracker, you can generate Buy and Sell signals and you can see them on the chart.

From the settings of these indicators, you can set the multiplier and the exponential moving average period.
It works in all time intervals.
But it was calculated without volume , instead it was created using fisher transforms, moving averages, and the average true range .


You can set an alarm for Buy and Sell orders.
You can see the processing entry and exit areas in a straight line.


The Fisher Transform indicator is an oscillator that helps identify trend reversals and can be applied to any financial instrument. J.F. Created by Ehlers

リリースノート:

The signal line feature has been removed.
Multi-timeframe (MTF) added.
Pay attention to the clue in the corner of the "Show signal" entry.