Try this out - III

During up rally

if William % R invites you for buy

while RSI is not at the extreme

accept the offer.

Similarly, during down rally

if William % R invites you to short

while RSI is not at the extreme

accept the offer.

This will ensure that u don't miss the rally's next phase.

This is strictly for pro-rally position during a rally.

This is not valid for ranging times or anti-rally positions

This typically happens when rally is there but not so strong.

During strong rally phases, both rsi and william%r will retreat from midway or even before.

Stronger the rally, the earlier the retreat of both!

Pl have a look at the Rolta India graph below

(here William % R invited for pro-rally buy while the RSI was not ready yet)



Note:

Use only google finance charts

both rsi and william%R should be set to 14 value with 30min interval

use 1 month chart for swing / positional trading (generally 2-5 days)