TDOM, Williams %R Strategy

This TDOM, Williams %R strategy is a long-only system for the USD/CAD daily chart. It uses specific indicator conditions for entry, and a clear bailout exit log

Published · Updated · Methodology: Technical Indicators

Part of: Stochastic Oscillator

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: Daily
  • Markets: USD/CAD

Source video

Decoded from: Larry Williams Inspired Trading Strategy Wins 10 / 10 Trades (Seriously!) by The Transparent Trader — watch the original

Strategy overview

This entry pairs a calendar rule with an oscillator: TDOM (trading day of month) counts sessions from the start of each month, while Williams %R measures where the current close sits inside its recent high-low range. What makes the pairing unusual is that only one of the two halves looks at price at all — TDOM is exogenous, a date counter that would produce the same signal on a chart it had never seen. It does not measure the market; it partitions the calendar, and everything the market contributes has to come from the %R side and from whatever the video adds around it.

That structure has a consequence worth noticing before any performance claim: a filter keyed to the trading day of month admits opportunities at monthly cadence, so on a Daily chart a rule that qualifies on one specific day yields roughly twelve observations per year. Read against that arithmetic, the source video's "Wins 10 / 10 Trades (Seriously!)" is a count of ten — a headline about how few trades were examined as much as about how they resolved. A perfect record across ten monthly instances spans under a year of qualifying days and one broad market regime, which is the point in a test's life before it has been stressed, not after. The title's "Larry Williams Inspired" is a lineage note rather than an attribution — Williams %R carries his name, and month-of-period seasonality is territory he also worked in — so the video is drawing on two threads from the same source and joining them itself.

The catalog record here is thin by design: Daily is the only populated field, no indicators are registered despite two components appearing in the title, the source carries no chapter markers, and no rule set has been extracted for this page. So there is nothing to expose and nothing to test until the specifics are pinned down — which trading day or days count, whether they are counted from the first session or the first calendar date, what %R lookback and threshold are used, and how long a position is held. Those four choices, not the concept, decide what the strategy actually is.

Topics

tdom strategy · williams %r strategy · usd/cad strategy · forex strategy · forex trading strategy · daily timeframe strategy · technical indicators · trading strategy · tradingview strategy · long only strategy · pine script

Frequently asked questions

What does TDOM mean in a trading strategy?

TDOM stands for trading day of month — a counter that numbers the sessions from the start of each calendar month, so the first trading day is 1, the second is 2, and so on. It is a calendar filter rather than a price signal: it says when a rule is allowed to act, not what the market is doing.

What does Williams %R measure?

Williams %R is a bounded oscillator that reports where the current close sits within the high-low range of a chosen lookback period, scaled from 0 to -100. It describes relative position inside a recent range, which is why it is normally read alongside something that supplies context — here, a calendar condition.

Why does the '10 out of 10 trades' figure need context?

Because ten is the sample size, not a rate. A monthly calendar filter produces roughly twelve qualifying days per year, so ten trades covers under a year of opportunities in one market regime, with no drawdown, holding period, instrument or position-sizing information attached to the count.

What is missing before a strategy like this could be backtested?

The specific day-of-month values, how the count is anchored, the Williams %R lookback and level, and the exit or holding rule. This record lists Daily as the timeframe and registers no indicator settings, so those parameters would have to be taken from the source video and written down before any test could reproduce it.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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