Williams R

Williams %R Interpretation:

Williams %R is an overbought/oversold indicator. Values -80 and -20 can be used as limits to detect overbought or oversold situations. Nevertheless, it is better to wait for a change in the price direction, which can be detected for instance through MACD indicator analysis, before buying or selling. Note that when %R makes a peak and reverses, a price decline often takes place.

Williams %R Calculation:

The parameter is the number of days used in the calculation of %R. ((high on n period-today's close)/(high on n period-low on n period))*(-100)

Return from Williams R to Using Indicators

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

From the writers...

"It is far better to show you how to trade on your own, than it is for you to depend on us to tell you what to trade and when"

Your E-mail Address
Your First Name

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Successful Forex Traders.

Get Chitika | Premium

The top five Trading Indicators as voted by you guys

Bollinger Bands
Moving Average
Parabolic SAR

To vote for what you find to be the most useful or for a full list of indicators please click here

If you have found this website helpful, please donate to show your support. The average donation is £7