it works on any pair and timeframe,so use smaller time frame in order to keep your stop losses low
bill williams is a well-known trader, author and educator with over 50 years of trading experience in several markets. He is known for his views on trading psychology, chaos theory and applied technical analysis. he sees the market as having five dimensions that helps traders understand the market structure and he developed several popular indicators and oscillators. these form an integral part of his trading system and are available on tradingview, either as built-ins or as custom indicators and oscillators coded by talented developers of the communiyy. they can be applied to various markets such as forex and the stock market.
- advanced
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