Category Oscilators Published on 23/12/2013

Williams Percent Range

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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.

Source Code

adaled

Joined on 17.09.2012

Distribution: Free
Language: C#
Trading platform: cTrader Automate
File name: Williams Percent Range.algo
Rating: 2.5
Installs: 4020
Modified: 13/10/2021 09:55

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Comments

cogs · 11 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 · 11 years ago

I don't think this indicator calculates correctly. The levels are not being displayed and WPR is mostly in positive territory.

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