Traders Toolbox: Williams %R Revisited…
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The Trader’s Toolbox posts are just another free resource from MarketClub.
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“MarketClub is known for our “Trade Triangle” technology. However, if you have used other technical analysis indicators previously, you can use a combination of the studies and other techniques in conjunction with the “Trade Triangles” to further confirm trends.
Williams’ %R oscillator, attributed to Larry Williams, is a variation of the stochastics indicator previously discussed. Because the two oscillators are essentially the same, only minor modifications to the formula are required. The formula for calculating %R is: %R = Hn – C / Hn – Ln where Hn = highest high of the period, C = Close of the current period and Ln = lowest low of the period…”
Revisit the Trader’s Toolbox Post: “William’s %R” here.
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2 thoughts on “Traders Toolbox: Williams %R Revisited…”
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Hi Ruben,
The screen above is actually from MarketClub’s older charts, but we do still offer the Williams %R indicator on our new and improved streaming Flash charts.
If you have any other questions regarding MarketClub, please give us a call at 1-800-538-7424 or email us at service@ino.com.
Best,
Susan Jackson
Webinar Administrator
INO.com & MarketClub
Is the screen shown above regarding the willians %r available on your website?