Now you can just set a scan for stocks oversold below -80 and overbought above -20. Here are two easy scans used in conjunction with Slope and %R to identify these 2 conditions.
* Oversold in an uptrend scans for Williams %R below -80% when Slope is positive. - Slope(100) > 0 and - Williams%R(10) < -80
* Overbought in a downtrend scans for Williams %R above -20% when Slope is negative. - Slope(100) < 0 - Williams%R(10) > -20
Always plenty to read and research on the topic but just run a Daily and Weekly chart on $EPGL (with a Wm%R indicator chosen) since July 2012 and see how clearly the timing for buying and selling this stock stands out.?? I call it the Helen Keller Strategy....lmao.