Setup 91 Larry Williams

4.5

Buy and sell signals based on Larry Williams's exponential moving average strategy 9.1 for trend reversals.


How does it work?

The indicator activates the buy and sell signal when a candle closes turning the 9 period EMA.

How to use it?

One way of using it, proposed by Larry Williams, is to enter a trade with a buy stop order one tick above the high of the candle with the buy signal, placing the stop loss order one tick below the candle's low. When there's a sell signal instead, place a sell stop order one tick below the low of the candle with the sell signal, and a stop loss one tick above the candle's high.
If the entry stop order is not filled on the next candle, you can cancel it and wait for another signal.
If filled, the arrow will change color and it is possible then to trail the stop loss order based on the 9 period EMA and exit the trade when there's a new opposing signal to get the most profit of the new trend.

Tip:

Great for early entries on big reversals. Just be careful with it inside narrow sideways ranges.


Advantages:

- Filters automatically non-valid signals such as 9.4 or consolidating prices when the moving average loses its trend tracking effect.

- Repeats entry signals while they remain valid.

- Allows different colors for activated signals, so you can visually analyze the strategy on past prices.

- Lets you change the type of arrow so you don't confuse with other indicators already in use.

- Can ring an alarm to draw your attention when there's an entry signal.

- Can pop an alert on the platform to inform you when there's an entry signal.

- Can send a push notification on your smartphone when there's an entry signal.


Features you can edit to your preference:

- Distance between the arrow signals and the candle's high/low

- Type of the Buy and Sell signal arrows, based on the Wingdings font

- Color and size of the Buy and Sell signal arrows

- Color, thickness and style of the exponential moving average

- Enable push notifications

- Enable pop-up alerts

- Enable sound alarms

- Sound of the alarm


Who is the creator?

Larry Williams is an American stock and commodity trader, author of 11 books and creator of indicators such as the "Williams%R" and the "Ultimate Oscillator", with over 60 years of trading experience.

Won the 1987 World Cup Championship of Futures Trading, turning $10,000 to over $1,100,000 in 12 months with real money. Ten years later, his daughter Michelle Williams won the same competition.


Keywords: Setup 9.1, Setup Larry Williams, Palex, MOL, Lorenz, Ogro, RM.

Recensioni 2
Detleff Böhmer
3201
Detleff Böhmer 2020.07.26 09:40 
 

Die Signale sind sehr genau. Der Service war sehr gut, mit diesem Indikator kann man sehr gut arbeiten und Geld verdienen.

naldor
174
naldor 2021.01.11 17:25 
 

Ele é muito bom, pena que só disponibilizaram para alugar!

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La soluzione migliore per ogni principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di caratteristiche proprietarie e una nuova formula. Con un solo grafico è possibile leggere la forza delle valute per 28 coppie Forex! Immaginate come migliorerà il vostro trading perché sarete in grado di individuare l'esatto punto di innesco di una nuova tendenza o di un'opportunità di scalping? Manuale d'uso:  
PZ Day Trading MT5
PZ TRADING SLU
2.83 (6)
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
La soluzione migliore per ogni principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di caratteristiche proprietarie e una formula segreta. Con un solo grafico fornisce avvisi per tutte le 28 coppie di valute. Immaginate come migliorerà il vostro trading perché sarete in grado di individuare l'esatto punto di innesco di una nuova tendenza o opportunità di scalping! Costruito su nuovi algoritmi sott
Current event:  https://c.mql5.com/1/326/A2SR2025_NoMusic.gif A2SR per MT5 Indicatore: Domanda e Offerta Effettive Automatizzate (S/R). + Strumenti di Trading. Product description in English here. --   Guidance   : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog Potente, Autentico e Risparmio di Tempo per Decisioni di Trading più Intelligenti + Oggetti compatibili con EA. Vantaggi Principali Livelli di SR Effettivi
OmniSync Projection
Antonio-alin Teculescu
5 (1)
Chronos Fractal Engine is an innovative price projection indicator for MetaTrader 5, designed to transform your technical analysis by intelligently identifying and projecting historical price patterns. Built upon an advanced correlation algorithm and the fractal principles of the market, this powerful tool visualizes potential future price movements, giving you a unique edge in your trading decisions. What is Chronos Fractal Engine? At its core, the Chronos Fractal Engine employs a sophisticat
ARICoins
Temirlan Kdyrkhan
ARICoin is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cust
Altri dall’autore
Trap Zone
Luigi Nunes Labigalini
5 (1)
This indicator serves as an alert for climax regions. How does it work? When the 20-period arithmetic moving average meets the 200-period arithmetic moving average, a conflict region forms with two major opposing forces fighting. This causes the price to show random peaks until a winner side is defined, which can be dangerous. Therefore, the indicator paints the region between the moving averages to alert you. How to use it? It can be used for specific volatility or support and resistance str
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Setup 92 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy Setup 9.2 for trend continuation. How does it work? The indicator activates the buy signal when a candle closes below the previous low while maintaining the 9 period EMA's upwards.  For a sell signal, we need a candle closing above the previous high while maintaining the 9 period EMA's downwards. How to use it? One way of using it, proposed by Larry Williams, is to enter a trade with a buy stop order one tick
Setup 93 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy 9.3 for trend continuation. Who is he? Larry Williams is an American stock and commodity trader, author of 11 books and creator of indicators such as the "Williams%R" and the "Ultimate Oscillator", with over 60 years of trading experience. Won the 1987 World Cup Championship of Futures Trading, turning $10,000 to over $1,100,000 in 12 months with real money. Ten years later, his daughter Michelle Williams won th
Setup 94 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy 9.4 for failed reversals and trend continuation. How does it work? For an uptrend, we need a candle turning the 9 period EMA down and closing below it, followed by a candle turning the 9 period EMA up and closing above it, with a low higher than the previous candle's low.  For a downtrend, we need a candle turning the 9 period EMA up and closing above it, followed by a candle turning the 9 period EMA down and cl
Setups 9 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategies 9.1, 9.2, 9.3 and 9.4 for trend reversals and continuations. To understand the logic and how to trade the signals, please check: Setup 9.1:  https://www.mql5.com/pt/market/product/50986 Setup 9.2:  https://www.mql5.com/pt/market/product/52268 Setup 9.3:  https://www.mql5.com/pt/market/product/52269 Setup 9.4:  https://www.mql5.com/pt/market/product/52273 Notices:  - This indicator displays a lot of signals. B
Setup PC
Luigi Nunes Labigalini
Buy and sell signals based on the Continuous Point Setup for trend continuation, popularized in Brazil by Stormer and Palex. How does it work? The indicator activates the buy signal when we have prices above the ascending 21-period Simple Moving Average (SMA21) followed by a pullback and a touch on it.  For a sell signal we need the prices below the descending SMA21 followed by a pullback and a touch on it. How to use it? One way of using it, as suggested by Stormer, is to enter the trade
Joe DiNapoli
Luigi Nunes Labigalini
Buy and sell signals based on Joe DiNapoli's shifted 3 period exponential moving average strategy for trend reversals. Who is he? Joe DiNapoli is a professional trader and author that has been involved in the markets for more than 38 years. He is also a registered Commodity Trading Advisor (C.T.A.) for over 15 years and has taught his techniques in the major financial capitals of Europe, Asia, South Africa, the Middle East, Russia and in the United States. How does the indicator work? The ind
HiLo Points
Luigi Nunes Labigalini
This Indicator is based on the high's moving average and the low's moving average for trend following and/or trailing stops. How does the indicator work? The indicator plots the uptrend dots until there is a close below the moving average of the lows. When this happens, a downtrend begins and is plotted until there is a close above the moving average of the highs. When this happens, another uptrend begins. And so it goes. How to use it? - Trend following: You can use it as buy signals when th
Setup da Onda
Luigi Nunes Labigalini
Buy and sell signals based on the Wave Setup strategy for entering a trade on the pullback after a reversal. How does the indicator work? The indicator activates the buy and sell signal when their respective conditions are met.  For an uptrend, we need a reversal up on the EMA9 followed by prices above the ascending SMA21 making a pullback and a touch on it.  For a downtrend, we need a reversal down on the EMA9 followed by prices below the descending SMA21 making a pullback and a touch on it.
Setup DT Trap
Luigi Nunes Labigalini
Buy and sell signals based on the Day Trade Trap Strategy for failed breakouts, popularized in Brazil by Alexandre Wolwacz (STORMER). How does the indicator work? The indicator activates the buy and sell signal when their respective conditions are met.  For a buy signal, we need a bar making a low lower than the previous day low. On this moment, the signal is plotted with the secondary color. For a sell signal, we need a bar making a high higher than the previous day high. On this moment, the
Setup PFR
Luigi Nunes Labigalini
Buy and sell signals based on the Reversal Closing Price Setup for trend continuation, created by Stormer. How does it work? The indicator activates the buy signal when we have a low below the 2 previous lows and a close above the previous close. For a sell signal we need a high above the 2 previous highs and a close below the previous close. How to use it? One way of using it, as suggested by Stormer, is to enter the trade with a buy stop order one tick above the high of the candle with t
Setup Double 7s
Luigi Nunes Labigalini
Entry and exit signals from the Double 7's Strategy by Larry Connors in his book "Short Term Trading Strategies That Work". Larry claims this strategy predicted the market's direction over 80% of the time since 1995. Picking up the gains and being exposed in the market less than 25% of the time. Good for swing trading on Daily charts of SPY, Nasdaq, China's FXI, Brazil's EWZ and the majority of the equity ETFs and World Indices. How does it work? The indicator activates the buy signal when we
Your Trend Friend
Luigi Nunes Labigalini
5 (1)
The trend is your friend! Look at the color of the indicator and trade on that direction. It does not  repaint. After each candle is closed, that's the color of the trend. You can focus on shorter faster trends or major trends, just test what's most suitable for the symbol and timeframe you trade. Simply change the "Length" parameter and the indicator will automatically adapt. You can also change the color, thickness and style of the lines. Download and give it a try! There are big movements w
Setup IFR2
Luigi Nunes Labigalini
Entry and exit signals from the IFR2 Strategy by Larry Connors in his book "Short Term Trading Strategies That Work". Larry claims this strategy correctly predicted the shortterm direction of the S&P 500 83.6% of the time from 1995 to 2007. How does it work? The indicator activates the buy signal when the price closes above the 200-day moving average and the 2-period IFR closes below 5. The sell signal is the opposite. How to use it? Enter the trade with a market order as soon as the candle
Filtro:
naldor
174
naldor 2021.01.11 17:25 
 

Ele é muito bom, pena que só disponibilizaram para alugar!

Detleff Böhmer
3201
Detleff Böhmer 2020.07.26 09:40 
 

Die Signale sind sehr genau. Der Service war sehr gut, mit diesem Indikator kann man sehr gut arbeiten und Geld verdienen.

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