StockFetcher Forums · Indicators and Measures · Williams %R<< >>Post Follow-up
stockfetcher
980 posts
msg #25018
8/28/2002 8:37:20 AM


Williams %R

ParametersPeriod
UsageWilliams %R(days)
DescriptionThe Williams %R, developed by Larry Williams, is an oversold/overbought oscillator which ranges between -100% and 0%. Computed by dividing the difference of the high over the last n periods and the most recent close by the difference of the extreme high and lows. Common interpretations of the Williams %R involve oversold signals generated below -80% and overbought signals generated above -20%.
Examples
Fetcher[Williams %R(14) below -80]


Fetcher[Williams %R(14) decreasing for 3 days lag 2 days and Williams %R(14) increasing for 2 days and Williams %R(14) below -70]




StockFetcher Forums · Indicators and Measures · Williams %R<< >>Post Follow-up

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