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GreenReeper

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GreenReeper

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Thursday, 11/27/2014 6:30:51 AM

Thursday, November 27, 2014 6:30:51 AM

Post# of 821321
The “Williams Percent Range”, or “%R”, indicator is a popular member of the “Oscillator” family of technical indicators. Larry Williams created the %R oscillator along the same lines as the Stochastics indicator, but without the “smoothing” component and with a reversed scale. The Williams Percent Range indicator is uncanny in its ability to signal a reversal one or two periods ahead of reality. Traders use the indicator to determine overbought and oversold conditions and reversals in market trends.

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