Larry Williams Proxy Index

Larry Williams Proxy Index (LWPI), sometimes just called one the Larry Williams Indicators is a confirmation indicator. First and foremost, Larry Williams has been revered as one of the founding father’s of modern trading, his career spanning over 40 years. He has published multiple books on trading, and his material featured in various trading magazine.
Manufacturer: nt8indicators

The original concept was specifically based on Trader (or Market) Sentiment and predicting market reversals. If you’re not sure what that means, we’ve included a link here to help you. Mr. Williams discusses and develops the concept of the Proxy Index in his 2005 book, “Trade Stocks and Commodities with the Insiders: Secrets of the COT Report”.

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