Using Forex Technical Indicator: Williams' Percent Range

This Indicator is a dynamic, which determines whether the market is overbought/oversold. Williams’ %R is very similar to the Stochastic Oscillator.

Indicator values ranging between 80 and 100% indicate that the market is oversold. Indicator values ranging between 0 and 20% indicate that the market is overbought.

Hehehe..due to my limited Knowledge, this is all I know about this Indicator. But hey...what's most important in an indicator is how we use it right!

Stay tune for another update.