Williams %R
Momentum oscillator placing the close within the high-low range over N bars, on a −100 to 0 scale. Above −20 is overbought, below −80 oversold.
Williams %R
Definition
Momentum oscillator placing the close within the high-low range over N bars, on a −100 to 0 scale. Above −20 is overbought, below −80 oversold.
Parameters
Asset, Lookback period (14)
Output range: −100 to 0
Example
`WilliamsR(AAPL, 14) < -80` (Oversold)
Usage notes
Faster and choppier than Stochastic — confirm with a second signal before trading %R extremes.
Full indicator reference