Oscillating Indicators Trading Strategies: Statistics, Facts, Evidence And Historical Backtests!

We rank Williams %R as the best oscillating indicator for trading strategies. It’s certainly not the most known nor the most used, but in our humble opinion, our backtests proved Williams %R to be the most stable indicator for almost all of our parameters. It’s not the indicator with the highest return, but it has on average the lowest max drawdown, perhaps the most important criterion for a short-term trader. 

Oscillating indicator strategies

Which is the best oscillating indicator for trading strategies? When you start out in trading it might be a daunting task to understand all the bells and whistles provided by your trading software. There are plenty of indicators, moving averages, and oscillators to use. How can you use the indicators to make money? In this article, we test six different indicators to find a winner.

Here you can find more than 200 trading strategies similar to the above strategies.

What is an oscillating indicator?

First, we need to define what an oscillatin