Larry Williams - Definitive Guide to Futures Trading
%R=Highest High−CloseHighest High−Lowest Low×-100% cap R equals the fraction with numerator Highest High minus Close and denominator Highest High minus Lowest Low end-fraction cross negative 100 Larry Williams - Definitive Guide to Futures Trading
Look for divergences between the price chart and the A/D line. If a futures contract makes a lower low, but the Larry Williams A/D line makes a higher low, it signals hidden institutional accumulation. This often precedes a massive bullish breakout. The Pillars of Williams' Risk Management Larry Williams - Definitive Guide to Futures Trading