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Williams Conditional Range

5

The Williams Conditional Range (WCR) is a technical analysis indicator used to determine the oversold / overbought condition of the market by examining the position of the closing price in a given range formed by the extremes in the past and looking for divergences that indicate the likelihood of a reversal. It allows you to assess whether buyers or sellers have had a stronger influence on the price over a certain period of time, and to suggest further developments. The indicator is easy to interpret.
      Setting:
W-line Period = 9, default.
     Signals:
• overbought - above "100" / oversold - below "-100"
• position relative to the zero level line;
• divergence / convergence.

     https://www.mql5.com/en/users/meijin/seller 

Avis 3
Elie G
182
Elie G 2022.09.27 08:29 
 

Excellent. Thank you very much

Nicoletto
210
Nicoletto 2021.07.15 19:27 
 

Muy bueno. Gracias

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Filtrer:
Elie G
182
Elie G 2022.09.27 08:29 
 

Excellent. Thank you very much

Nicoletto
210
Nicoletto 2021.07.15 19:27 
 

Muy bueno. Gracias

portax
133
portax 2021.04.11 16:01 
 

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Version 1.3 2021.12.15
Compiled on MetaTrader 5 with build number 3091.
Version 1.2 2021.05.29
The indicator line color has been changed.
Version 1.1 2021.05.26
Compiled on MetaTrader 5 with build number 2940.