Williams %R
Where the close sits in the last N bars' range, from 0 at the high to −100 at the low.
Formula
%R = −100 × (Highest high − Close) ÷ (Highest high − Lowest low)
How to read it
Above −20 overbought, below −80 oversold.
How to use it
Like the stochastic: timing entries and spotting stretched moves.
In Kereon
Charts · Superchart. Default 14; levels −20 and −80.
Also called: williams, percent r, %r.