Williams %R on Chart w/ Dynamic Zones is a Williams %R indicator but instead of being an oscillator it appears on chart. The WPR calculation used here leverages T3 moving average for its calculation. In addition, the WPR is bound by Dynamic Zones.
What is Williams %R?
Williams %R , also known as the Williams Percent Range, is a type of momentum indicator...
Double Dynamic Zone RSX is a Juirk RSX RSI indicator using Leo Zamansky and David Stendahl's Dynamic Zones to determine breakouts, breakdowns, and reversals.
What is RSX?
RSI is a very popular technical indicator, because it takes into consideration market speed, direction and trend uniformity. However, the its widely criticized drawback is its noisy...
True Strength Index , or TSI is considered a "leading indicator" - in contrast to a "lagging indicator" just as Moving Averages it does not show a confirmation what already happened, but it shows what can happen in the future. For example: The chart is climbing while the TSI oscillator is slowly declining, gets weaker and weaker, maybe even prints bearish...
![USDCAD: Williams %R on Chart w/ Dynamic Zones [Loxx]](https://s3.tradingview.com/t/tIqpzA2b_mid.png "Williams %R on Chart w/ Dynamic Zones [Loxx]")
![USDCAD: Double Dynamic Zone RSX [Loxx]](https://s3.tradingview.com/x/xz8ISBOU_mid.png "Double Dynamic Zone RSX [Loxx]")
