Williams’ Percent Range (%R) – indicator MetaTrader 5
Williams’ Percent Range technical indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams’ %R is very similar to Stochastic Oscillator. The only difference is that %R has an upside down scale and the Stochastic Oscillator has internal smoothing. To show the indicator in this upside down fashion, one places … Read more