Skip to content
Veles Help Center

Williams %R

Williams %R or %R is a technical indicator created by Larry Williams. It shows the position of the current price relative to the range of highs and lows for a selected period.

The indicator helps identify:

  • overbought zones,
  • oversold zones,
  • potential trend reversal points.

Williams Percent Range (Williams %R)

How %R Works

Section titled “How %R Works”

Values ​​range from -100 to 0:

  • Close to -100 → the asset is oversold.
  • Close to 0 → the asset is overbought.

Click the “Pencil” button to set the desired parameters.

Main Applications

Section titled “Main Applications”

1. Signal Confirmation

Section titled “1. Signal Confirmation”

Use %R along with other indicators (such as Moving Averages or support/resistance levels) to confirm trade entries.

2. Overbought and oversold

Section titled “2. Overbought and oversold”
  • Values ​​above -20 → the asset is overbought (possible downward reversal).
  • Values ​​below -80 → the asset is oversold (possible upward reversal).

%R Levels

Section titled “%R Levels”

Two levels are typically used for analysis:

  • -20 — overbought zone.
  • -80 — oversold zone.

Signals:

  • Crossing the -80 level from the bottom to up → Buy-signal (exiting oversold zone).
  • Crossing the -20 level from the top to down → Sell-signal (exiting overbought zone).