Hello.. Mate, how are you? Today, In this article, I am going to cover one of the most popular trading indicators that is widely used by traders on Pocket Option trading platform. Before, we start make sure that you have a Pocket Option account, In case you don't have one use this link. The Demarker indicator is a powerful tool for traders worldwide who are looking to enhance their trading strategy. This tool is a momentum indicator that will help you identify the upcoming trends and reversals using overbought and oversold levels. How to Install Demarker Indicator on Pocket Option? Demarker Indicator is a free-to-use trading tool which means you can even use this indicator on the Pocket Option demo account for free without paying or making any deposit 1> Registration: The first and foremost step is having access to a Pocket Option account. In case you don't have one use this link. 2> Trading Dashboard: Next, access the trading dashboard. Login to your trading accou...
Williams %R (pronounced "percent R") is one of the most popular trading tools offered by the Pocket Option trading platform.
Investors often use this tool to identify upcoming trends and reversals with the help of a moving average line that oscillates around the oversold and overbought levels.
In this article, I will help you understand the complete concept of the Williams %R indicator and will also teach you how you can use this tool effectively while trading.
What is the Williams %R Indicator?
Williams %R Indicator is a momentum Indicator developed by Larry Williams, the main goal of introducing this indicator was to help traders identify the upcoming trends and reversals effectively without any complications and issues. The Williams % R indicator oscillates around overbought and oversold levels, with the moving average line near line -80 is considered an oversold zone and similarly, with the moving average line near line -20 is considered an overbought zone.
How to Install Williams %R Indicator on Pocket Option?
1> Registration: The first and foremost is to get access of Pocket option trading platform, In case you don't have one yet use this link. If you sign up normally you will get up to a 20% welcome bonus while If you sign up using our link you will get up to a 100% welcome bonus.
2> Trading dashboard: Secondly, once you have signed up you will get access to the trading dashboard of Pocket Option.
3> Find Williams %R Indicator: Next, click the indicator button at the top of the page and search for Williams %R Indicator in the list.
4> Configure: You can even configure the indicator based on your trading requirements with configuration, I mean the indicator line colour you can also increase the width of overbought and over-sold levels.
How to use Williams %R Indicator on Pocket Option?
As I said above, Williams %R Indicator is made from a moving average line which oscillates around before overbought and over-sold levels.
When the indicator line is near line - 80, It signals an upcoming bullish trend and you can use this opportunity to place a buy trade and vice versa, when the indicator line is near -20 it signals an upcoming bearish trend and you can use this opportunity to place a sell trade.
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