DAT WPR Indicator
Platform: MT4 Type: Oscillator Last update: October 6, 2024The DAT WPR indicator is a forex gauge based on the Williams’ Percent Range. It provides multiple oscillators that determine whether the price is overbought/oversold.
The most important lines are the orange one and the pink one. When they reach 80 level it means the market is overbought and the potential reversal is underway, so you should be looking for sell trades. Similarly, when they reach 20 level it means the market is oversold and the potential reversal is underway, so you should be looking for buy trades.
