Williams’ Percent Range (%R)

Williams’ Percent Range (%R)

Williams’ Percent Range Technical Indicator (%R) is a simple, but efficient oscillator of the speed with which the price is moving.

How to interpret:

  1. Convergence/divergence. Sell if the new price high is above the previous one, while on the %R chart new high is lower than the previous one. Buy if the new price low is below the previous one, while the %R chart new low is higher than the previous one.
  2. Overbought/oversold conditions. If %R is between 0 and -20, the market is overbought and one should start thinking of selling. If %R is between -100 and -80, the market is oversold and one should start thinking of buying. Exit from the oversold/overbought limits can be a sign of return.

Note that it’s better to wait for the prices to confirm the trade and only then open positions.

EURUSDDaily WPR.png

Latest news

American equities struggle for direction

On Tuesday, American shares struggled for direction due to the fact that profits in Walmart compensated losses in financials, with trade negotiations between China and America in focus…

Gold surges to fresh 9-month maximums

On Tuesday, gold managed to rally because traders awaited the publication of the minutes from the recent Fed policy gathering with hopes for them to confirm the major financial institution’s dovish policy stance…

Canadian dollar goes down

On Tuesday, the Canadian dollar inched down versus its American rival due to the fact that an uncertain outlook for global trade compensated the lift from the highest crude prices for three months…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera