DeskIndicators
Williams %R
Where the close sits in the recent high-low range, from −100 to 0.
Williams %R shows where the close sits inside the recent high-low range. −100 means the close is at the lowest low, 0 means it is at the highest high. It is its own pane under the candles.
Default length is 14. Dashed levels sit at −20 and −80. A market with no range shows 0.
Near 0 the close is at the top of the recent range; near −100 it is at the bottom. Crossing a level is a common read, not a signal by itself.
Settings: gear on the pane bar — see Indicators.