The Williams Vix Fix Bottoms and Tops Indicator: Your Secret Weapon for Trading Like a Pro
“Because who needs luck when you have indicators?”
Are you tired of relying on luck and intuition to make profitable trades? Look no further than the Williams Vix Fix Bottoms and Tops indicator!
What is the Williams Vix Fix Bottoms and Tops Indicator?
This indicator is the brainchild of Chris Moody, who initially designed it to search for bottoms in the market. However, this modified version not only searches for bottoms but can also be switched to work for tops, making it a versatile tool for those who like to short the market.
What Makes it Unique?
Unlike other indicators that rely on random numbers or complex algorithms, the Williams Vix Fix Bottoms and Tops indicator uses the high/low ranges and standard deviation to show entry points. Plus, it allows for a few customizable options, such as flipping the indicator and adjusting color settings.
But Does It Work?
In short, yes! While adjusting the settings can impact its effectiveness, the default settings seem to work well for most traders. Plus, the filtered entries tend to be the most accurate signals to follow, so you can trade with confidence.
What About the Bollinger Band Deviation?
Don’t worry, the Williams Vix Fix Bottoms and Tops indicator has you covered there too. By default, it uses 2 deviations, which means that 95% of the last 20 candles will remain within the boundaries of the Bollinger Bands. Plus, you can customize the highest percentile option to make it more reliable or less likely to trigger.
In Conclusion
If you’re serious about trading and want to take your skills to the next level, the Williams Vix Fix Bottoms and Tops indicator is the secret weapon you need. Say goodbye to relying on luck and intuition and hello to profitable trades!
Find the indicator here – https://www.tradingview.com/script/wYbPyvTV-Williams-Vix-Fix-Bottoms-and-Tops/