[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: William's %R



PureBytes Links

Trading Reference Links

%R is a simple but effective oscillator described by L.Williams in 1973.  It 
measures the capacity of bulls and bears to close prices each day near the 
edge of the recent range.  It confirms trend and warns of their upcoming 
reversals.

Formula = 100. highest of period - latest close
               highest hi of per - lowest low