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Len,
These were 2 indicators that I put together some time ago after reading some
of Williams' work. I would only use it for futures as I believe there is far
better information available nowadays for stocks. That being said I have to
admit that these indicators are not on my favorites list. When I used them I
plotted both in the same window. The "pro" indicator gave a good indication
of consolidation when it dropped during a "public" acceleration. I also
noted some interesting areas when the "pro" and "public" crossed no matter
where they were.
Bottom line for me though was no warm fuzzy feeling when I used them so I
choose not to.
J.
>From: L1L2L3L4L5@xxxxxxxxxx
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Larry Williams pro go indicator :here is the info; can
>anyone code it for us please?
>Date: 12 Oct 2001 10:40:31 -0700
>
>On Fri, 12 October 2001, "j seed" wrote:
>
>
> >
> > Try these!
> >
> > J.
> >
> > {Williams-Professionals}
> > Prof:=Mov(O - C,7,S);
> > (((Sum( Prof - LLV(Prof,7),7)) /
> > Sum((HHV(Prof,7) -
> > LLV(Prof,7)),7)))*100;
> > 25;75;
> >
> > {Williams-Public}
> > Public:= Mov(O - Ref(C,-1), 7, S);
> > ((((Sum( Public - LLV(Public,7),7)) /
> > Sum((HHV(Public,7) -
> > LLV(Public,7)),7)))*100);
> > 75;25;
> >
> > ************REPLY SEPARATOR*******Oct 12 2001********* THANKS ANIL
>AND NOW ALSO TO J.SEED: I understand how to use Anil's code which is
>basically according to the previously public copy amd paste info. But,I
>wouldn't mind a brief explanation from J.Seed. : J,your code seems very
>interesting too!Do you look for crossovers between public and professionals
>or do you use them independently (at 25 and 75 horizontal
>lines...)--Anything you can tell me/list would be much appreciated.Please
>and thanks!!! , Len on behalf of myself and interested list.
> >
> > > > THANKS to whosoever can do this for all of us here on the list.
> > > The Disclaimer:Everything on this post or anything or anyone in
> > >connection with it is not liable for poor trading results.Trade ONLY
>with
> > >fake,paper money.
>
>
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