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RoboForex - www.roboforex.com
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[QUOTE="Vlad RF, post: 197815, member: 61796"] [B][SIZE=5]Best Medium-term Strategies: Larry Williams's Moving-Average Based Strategy[/SIZE][/B] [I]Author: Timofey Zuev[/I] [CENTER][IMG]https://roboforex.com/uploads/img/news/main/roboforex-header.jpg[/IMG] [B]Dear Clients and Partners,[/B][/CENTER] Larry Williams described this strategy in his book "Long-term Secrets to Short-term Trading". It suits both Forex and other financial markets. With timeframes, things are more complicated: technically, the strategy suits TFs from M1 to MN but as long as from opening to closing the position more than one candlestick can pass, trading on small TFs can be unprofitable due to fixed spreads, like in Forex. [SIZE=5]The desktop of Larry Williams strategy[/SIZE] [IMG]https://blog.roboforex.com/wp-content/uploads/2021/07/1-1008x630.png[/IMG] Explications: [LIST=1] [*]A Simple Moving Average drawn through High. [*]A Simple Moving Average drawn through Low. [*]Local highs of the SMA (High). [*]Local lows of the SMA (Low).[/LIST] As a result, we get a channel that will work by a special algorithm along the prevailing trend. The prevailing trend is the one that has recently renewed local extremes of the MAs. If the highs have been renewed, the trend is ascending; if the lows have been renewed, the trend is descending. [SIZE=5]Signals to buy by the strategy[/SIZE] Larry Williams suggests the following conditions for buying: in an uptrend, open a position when the price touches the SMA (Low) and close it when the price touches the SMA (High). As soon as one trade is closed, open another one and keep going until the trend changes to descendin. If a signal to buy coincides with a trend reversal, skip the signal and start trading when the trend becomes ascending again. An example of signals to buy: [IMG]https://blog.roboforex.com/wp-content/uploads/2021/07/2-en-1008x630.png[/IMG] Note that in the picture, there are several buying opportunities, but keep in kind that only one position must be opened and closed before you open the next one. [URL=https://blog.roboforex.com/blog/2021/07/14/best-medium-term-strategies-larry-williamss-moving-average-based-strategy/?utm_source=earnforex.com&utm_medium=cpc&utm_campaign=rf_en_external_forums_blog&utm_content=text]Read more at R Blog - RoboForex[/URL] [B]Sincerely, RoboForex team[/B] [/QUOTE]
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