The WR indicator: your secret weapon for entry/exit points

Have you ever looked at a chart and wondered if it was the right time to buy or sell? The Williams Percent Range (WR) is here for that. It is a classic technical analysis tool that traders use to spot when the market is going too high (overbought) or too low (oversold).

How does it work in practice?

The WR indicator measures where the current price is between the highest and lowest over a given period (usually 14 candles). It's simple: it gives you a number between -100 and 0.

The formula (if you really want to know):

WR = ((Highest - Current price) / (Highest - Lowest)) × (-100)

What the numbers really tell you

• Close to -100 = the market has crashed, everyone is selling, potential rebound
• Close to 0 = FOMO everywhere, everyone is buying, watch out for the correction
• Between -80 and -100 = oversold (potential buy out)
• Between -20 and 0 = overbought (potential sell)

How to use it in trading

It's stupid simple:

• WR < -80? The market is going down, it's often a good time to buy out.
• WR > -20? The pump is slowing down, you can take your profits or wait for the correction.

This indicator works well especially in volatile markets (hello crypto), where extremes are frequent and rapid. It's your overextension detector, nothing more, nothing less.