Welles Wilder Strategy

Welles Wilder Strategy

holistic concpet of 3 indicators – DMI + ADX + PAR

should give a high hit rate.

we need an UP Trend, with strong Trend dynmic and a pro cylcic breakout pattern.

the target is the same length from the low to the breakout – par is the dynamic stop loss.

for indicator lover a nice bread and butter system.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. luisella • 152 days ago #

    Great scanner Odin. Do you know where I can find -intermediate term breadth momentum oscillator- same as – !ITBMRASPX on stockcharts.com

  2. odin • 147 days ago #

    hi luisella, i think breadth indicators a not available in pro realtime, because you the calculation is just for the single stock you analyze and not for the whole stocks they are listed in the index 🙁

  3. 4example • 134 days ago #

    Thank you

Register or


avatar avatar avatar avatar
Related users ' posts
stefou102 Thx Nicolas! trying to test this indicator in an automated strategy but I'm becoming crazy b...
stefou102 mystoploss=call "Adaptative ATR-ADX"(MedianPrice) GRAPH mystoploss as "Adapt"
Nicolas In this case, I suggest to add the indicator's code directly into your strategy.
pableitor Hola Domenec, un indicador muy original y util que ciertamente añade mucha informacion a la ...
Domenec Hola Pableitor porque aqui lo que pretendo es programar un nuevo codigao mas ajustado para q...
Juanjo Hola Domenec. He visto en los videos que hablas continuamente de mercado de futuros con grá...
AGTrader Interesante, muy visual Doc. Felicidades!!!
Despair What do you mean by “German extra stocks”?
odin i mean german xetra stocks :-)
Despair Ok! Thanks.
Toto le Heros Thanks Nicolas. I read somewhere that in the calculation, we should round the value of the A...
Nicolas aADX = round(adx[10])
Nicolas Changer la base de périodes du RSI original ? Le RSI a du "retard" puisqu'il est toujours né...
macbartin merci, je voulais savoir quel paramètre il faut modifier sur votre indicateur pour le modifi...
Nicolas Cet indicateur est dynamique, il n'utilise pas de période fixe
gabri Non sono un genio ma so fare qualcosa. Posso provare ad aiutarti ma se e' troppo complicato ...
Vinks_o_7 I looked at your page: It's written: Method 2: Current High less the previous Close (absolu...
gabri You are right, I will change it, Thank you!!
gabri Agree. Many of those indicators are using very similar ideas. ADX is a very powerful and und...
Marcel But still it is a (lagging) derivation of price itself.
gabri All the indicators are lagging because they are all based on historical data.
vuduyet94@gmail.com Hi. I want Indicator Reversal Bars. I look in the library without seeing. hope the helping. ...
flodefacebook Merci Nicolas pour cet indicateur. Très utile dans une technique de retournement.
HeikinAshi thank you for this very interesting indicator Nicolas! did you define a tradable setup fo...