The Williams %R indicator is a well known momentum indicator that was created by Larry Williams. The aim of the indicator is to measure how close a cross currency is trading to its high over the past n number of days. The theory behind the indicator is that the closer a cross currency is to its high the more overbought it is. Conversely, the close to the low, the more oversold it is. Read more >>
The Williams Percentage Range (%R) indicator is a momentum indicator that helps to identify overbought and oversold conditions in a market that isn’t trending. It is named after its developer, Larry Williams who is a famous futures trader. Play video >>
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