MT4 Williams R Indicator ForMT4 1.0

The Williams R Indicator is a useful and popular Forex trading indicator that is available for free on the MT4 trading platform. It is used to measure the momentum and overbought/oversold levels of a currency pair. The Williams R indicator is calculated by subtracting the current closing price from the highest high over a given period of time and then dividing it by the highest high minus the lowest low over the same period. The Williams %R Indicator is a great tool for traders as it helps them identify the best entry and exit points for their trades.