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Williams %R Introduction

Posted By: TradersLog

Williams %R is based on a similar concept to RSI – measuring the latest close in relation to it’s price range over a given number of days. The same concept apply to this indicator, the divergence of the indicator with price in extreme areas being the most imortant.

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  • By Ian Copsey

    On 11-19-2010 at 10:33 pm

    Actually Williams %R is EXACTLY the same as FastK% but turned upside down…

    FastK% = 100 x (Close – LL) / (HH _ LL)

    W%R = 100 x (Low – LL) / (HH – LL)

    It just measures where the current close is in relation to the recent range as a percentage…


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