Indicators: Bykov Trend_Sig

 

Bykov Trend_Sig:

Indicator Bykov Trend Sig

Author: John Smith

 

An interesting Indicator with potential. I am having problems with it drawing the signals - it seems about schizoid finding the appropriate bar. Anyone work with it and have the same experience?

 
Quite amazing that this indicator has got no review but I find it as near perfect on the daily chart. I believe this indicator complemented with other good trend confirmation indicator will present trend traders with a winning strategy. Anyways what do I know? Just a newbie on the block.
 
Oyeyemi Oliyide #: Quite amazing that this indicator has got no review but I find it as near perfect on the daily chart. I believe this indicator complemented with other good trend confirmation indicator will present trend traders with a winning strategy. Anyways what do I know? Just a newbie on the block.

There is nothing special about this indicator. It is just a standard Williams' Percentage Range with different levels 30/70 instead of the default 20/80.

Reason: