
Williams R Indicator
The Williams R indicator is an MT4 momentum indicator that detects overbought or oversold market conditions. Every trend following trader must know how to evaluate market momentum. This helps you predict future trends and assess the sentiment behind price movements.
The indicator closely monitors all market conditions and helps you make the best selling/buying decisions. We have found the indicator to be well suited for intraday/crossover trading of stocks and forex. This guide explains how to use Williams R signals in MT4 to identify potential trading opportunities.