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Saturday, February 03, 2007 4:06:27 PM
Geo :TA lesson : William %R indicator.
Usually used for traders : W %R(14 periods) is usually used.
What it refers to ?
It measures Overbought and Oversold levels . There is a scale how to read it :
a)from 0 to -20 considered overbought
b)from -80 to -100 considered oversold.
As you see it's quite accurate here for FCCN and ANWM when W %R touched the bottom -100 and -80. ;)
Usually used for traders : W %R(14 periods) is usually used.
What it refers to ?
It measures Overbought and Oversold levels . There is a scale how to read it :
a)from 0 to -20 considered overbought
b)from -80 to -100 considered oversold.
As you see it's quite accurate here for FCCN and ANWM when W %R touched the bottom -100 and -80. ;)
The reason I need Good DD's :
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