Williams %R – FX Replay Guide

The Williams %R indicator in FX Replay helps you spot overbought/oversold conditions, divergences, and momentum shifts during replay sessions. It’s ideal for scalping pullbacks, confirming trend exhaustion, and refining trade entries/exits when paired with price structure.

How to Add It

• Open the Indicators panel.
• Search for “Williams %R”.
• Apply with default settings (usually 14 periods), or adjust to match your replay timeframe.

How to Use It in FX Replay

Key Zones:

• -20 to 0 = Overbought zone → potential sell setups.
• -80 to -100 = Oversold zone → potential buy setups.
• Use in context: Look for price near liquidity zones, FVGs, or structure levels.

Entry Strategy:

• Buy Setup: %R dips below -80 → monitor for upward reversal + confirmation candle.
• Sell Setup: %R rises above -20 → look for rejection and downward move.

Trend Reversal with Divergence:

• Bullish Divergence: Price makes lower lows, %R makes higher lows → watch for breakout or reclaim.
• Bearish Divergence: Price makes higher highs, %R fails to confirm → setup for reversal or fade.

Backtesting Tips

Tag setups by:

• “%R Oversold + Bullish Candle”
• “%R Divergence + VWAP Reclaim”
• “Failed Breakout + %R in Overbought”

Confirm with FX Replay Tools

Pair %R with:

• SMMA or TEMA for trend filter
• Volume spikes or VWAP for momentum confirmation
• Silver Bullet session or NY open to validate timing

Pro Tip

In FX Replay, Williams %R works best when you:

• Use it in context (structure + session timing)
• Avoid taking signals in isolation—always confirm with price action or another tool
• Use it to time entries on pullbacks in strong trends or to fade exhaustion at extremes