sharktrade

William %R Scalper for Gold with tortle WPR

William %R Scalper with Tortle WPR is small update from WPR Scalper tool. It is used with small time frame : 5 , 3 or 1 minute.
it uses tree different William %R indicators : one for fast move with 9 period WPR9 and one slow with 54 period WPR54 pLus tortle WPR 255.
You can find buy zone when WPR255< -90 WPR9 < -90 and WPR54 < -80 and sell zone when WPR 255 > -20, WPR9 > -10 AND WPR54 > -20. Tortle WPR (255) provide price trend
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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