Larry Williams Business Indicators

I found here Larry Williams'business indicators. I used to think that I couldn't have cot indicators because it needed to be combined with reports. Now I see Larry's different algorithms for this indicator and how to make an explosive market the next day. I hope Mr. Igor and Mr. Sergey can think of some ways. And his large trader index. How should we use it?

FXCodeBase.COM: Forex Chart Indicators and Development ? View topic - Larry Commerical Proxy Index
BO.ex4LWPI.ex4LWTI.ex4

This is a picture.

Larry Commerical Proxy Index: LWPI.mq4 (attached)

Larry Williams said he even dont need COT report to buil COT index.

The formula:

Code:

MovingAvg(Open-Close, bars used in average)/MovingAvg(Range,bars used in average)*50 +50

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Larry Large Trade Index: LWTI.mq4 (attached)

Code:

MovingAvg(Close - Close[Period], bars used in average)/MovingAvg(Range,bars used in average)*50 +50

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Blast Off: BO.mq4 (attached)

Larry Williams shared a method that he uses to determine when a trading instrument is ready to make a big move. He calls it Blast Off. He compares the Open and Close verses the High and Low of the day. If the difference between the open and close of the day is less than 20% of the range of the day, then it's likely that the next day will be a pretty good size move.

Code:

MovingAvg(Abs(Close-Open, X days) /MovingAvg((High- Low),X days)*100

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the source

Thank you, Mr. Sergei. Next, can we discuss how to apply it to charts?

Especially the final indicators, I really do not use, really hope to get your guidance.

I can't figure out how to use BO index to find the explosive market the next day. It would be better if there was a tool to mark it.

I asked Igorad to look at those indicators.

I saw Larry's system on the website
https://v.youku.com/v_show/id_XMzU4O...results.dtitle

https://v.youku.com/v_show/id_XMzU4O...em_page1.5!9~A

I feel that when we use his indicators, we need to know what the vertical line is in his video. Because I can't speak English, I don't understand it.

Originally Posted by chinajohn

I feel that when we use his indicators, we need to know what the vertical line is in his video. Because I can't speak English, I don't understand it.

Hi chinajohn,
I think the vertical line is just the start of each month. BTW: the youku videos are irrelevant.

chinajohn,
我觉得那些竖线只不过是每个月的第一个交易日。另外，优酷视频没有太大关系。