Category Oscilators  Published on 23/12/2013

Williams Percent Range

Description

Measures overbought and oversold market conditions.  In an uptrend, look for oversold signals to establish bullish positions and in a downtrend look for overbought signals to establish bearish positions.

 

 

 


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adaled's avatar
adaled

Joined on 17.09.2012

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Williams Percent Range.algo
  • Rating: 2.5
  • Installs: 3979
  • Modified: 13/10/2021 09:55
Comments
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CO
cogs · 10 years ago

Definitely a problem with this indicator.

WPR should operate in the range 0 to -100 but this indicator doesn't appear to have limits set so does not show numeric range.

traderfx's avatar
traderfx · 11 years ago
I don't think this indicator calculates correctly. The levels are not being displayed and WPR is mostly in positive territory.