Williams %R
Category: momentum
Inverse stochastic (−100..0); highly correlated with Stochastic %K — do not stack them.
Formula
%R = −100·(HH_N − close)/(HH_N − LL_N)
Inputs
- period (default: 14)
See signal primitives and every published strategy that uses Williams %R on WOBR StrategyVerse.