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Williams R indicator explained for beginners in this video, and it is shown how Williams R can be used in a trading strategy. Williams R indicator is used for discovering changes in momentum, and many traders use Williams R indicator in their trading strategy to effectively identify possible changes in the direction of the price. In this video, first Williams R indicator calculation and formula is shortly explained, and then Williams R indicator settings, and finally how to interpret this indicator and how Williams R indicator can be effectively used in trading strategies. Williams R indicator can be used for trading Crypto, Forex, Stocks, etc., and all kinds of traders can use this indicator in their trading strategies. Williams R indicator is an excellent tool for evaluating momentum that using it in your trading system in conjunction with other tools and concepts of technical analysis can bring you the opportunity of having high probability trades. TIMESTAMPS: 00:00 - Intro 01:36 - Interpretation 02:40 - Overbought & Oversold 05:45 - Momentum Failure 08:03 - Outro ----------------------------------------- DISCLAIMER: Please be advised that I am not a licensed financial advisor or registered investment advisor, and this material has been prepared for entertainment and informational purposes only, and it is not intended to be relied upon as investment, financial, accounting, tax, legal, regulatory or similar advice, and it is not an endorsement of any provider, product or service. Trading and investing in financial markets poses considerable risk of loss, so please make sure to do your own research or consult a certified financial or investment advisor. The information and content provided on this channel does not guarantee any particular or expected outcome. -----------------------------------------