Williams %R is a momentum based oscillator used to determine overbought and oversold market conditions. This indicator is unique in that it oscillates between 0 and -100. A value closer to 0 is considered overbought and a value closer to -100 is considered oversold. Users can change how this indicator produces trade signals by lowering/raising the length and changing the buy and sell level values.
Combine the Williams %R technical indicator with our proven insurances and safeties while implementing an automated trading strategy with our highly customizable Trade Bot for complete control. Perform technical analysis with our marketview feature using the Williams %R technical indicator, which can be used in conjunction with our pattern analyzer to help find market trends that you can capitalize on.