09 — Oscillators

Williams %R#

✓ Mathematical
◆ The Pattern%R = (Highest High − Close) / (Highest High − Lowest Low) × −100.

Williams %R — Larry Williams' fast momentum oscillator.

%R = (Highest High − Close) / (Highest High − Lowest Low) × −100

Scale: 0 to −100. Default: 14 periods. Essentially an inverted fast stochastic (%K).

Zones:
• Above −20 → overbought
• Below −80 → oversold
Very responsive — useful for short-term timing but prone to false signals in trending markets.
Pattern bridge: Williams %R is the stochastic oscillator inverted — same math, different perspective. Like percentiles read from top instead of bottom.
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