WILLR bot
0
People bought
Min. Amount of investment
25
Profit
High
Bot lifespan
30-90 days
WILLR bot

The WILLR bot places orders based on the Williams %R oscillator with the value range from -100 to 0. A buy signal is formed when the lower indicator line is crossed from below. A sell signal is formed when the upper oscillator line is crossed from above.

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About WILLR bot
WILLR bot
Setup Guide

How to set up the WILLR bot

  1. Set up the timeframe for your WILLR bot
  2. Set up the indicator length (the number of candles to calculate the indicator values).
  3. Set up the lower and upper range values for the signal generation. For example, if the lower and the upper values are -20 and -80, and the asset price line crosses the level of -80 from below, a buy signal will be generated. If the asset price line crosses the level of -20 from above, a sell signal will be generated.
How It Works

The William Percent Range oscillator is an impulse-bsed oscillator that is used in technical analysis to determine when the market is overbought or oversold. %R is built by comparing the current closing price and the highest price for a specific period. If the indicator value approaches 0, it means that the market is overbought. If the indicator value approaches -100, it means that the market is oversold.

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