HighSky Brokers, a.s.
Vodičkova 710/31
110 00 Prague 1
phone: +420 222 767 100
fax: +420 222 767 101
email: office@highsky.com
Please feel free to visit us on any working day from 9:00 am till 6:00 pm
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Responsible for contacts with everyone interested in financial markets
phone: +420 222 767 102
email: sales@highsky.com
Supervised by:
print Bill Williams Bill Williams has contributed to a development of technical analysis with an array of tools such as Alligator or Awesome oscillator
Rule of thumb
Methods proposed by Bill Williams can be enhanced with the usage of Elliot's wave theory
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Bill Williams has promoted an approach to trading based on human psychology rather than strictly using fundamental or technical analysis. According to his opinion, traditional methods cannot guarantee reliable results, as the model of the market structure they propose does not fit the non-linear dynamics of the real market.
Nevertheless, Mr Williams has contributed to the development of technical analysis with an array of tools based on his philosophical reflections on what the financial market really is.
Surprisingly enough, the tools are based on modified components of technical analysis, such as moving averages and their histograms, but they come in an entirely new outfit – as is the case with Alligator’s indicator, where the financial market dynamics is reflected in rather a picturesque metaphor. It is up to each individual trader to decide on the actual value of such an approach.
Tools proposed by Bill Williams include:
- Accelerator Oscillator (AC) – predicting signals of Awesome oscillator.
- Alligator Oscillator – capturing market dynamics with the usage of three moving averages.
- Awesome Oscillator – histogram of two moving averages combined.
- Gator Oscillator – auxiliary instrument to the Alligator.