Maybe you know about the Willams’ percent range indicator.
You can find it when you click on insert, indicators, oscillators, Williams percent range. It is an Oscillator that is very simple.
The WPR oscillator has just one line and was created by Mister L. Williams. We see that the scale is negative and a value of -100 shows the lowest price for the last few days. We use fourteen candles, because when you take a look at the Williams percent range oszillator, you see that is the default period.
The zero line is used for the highes price of the past n candles.
If you have peaks that are outside the range that would be a signal to buy or sell…