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Investor/RT Tour ( more on Technical Indicators )
Williams %R
The Formula . . . 

. . .more on Formulas 

Coming Soon . . . 
 
The Presentation . . . 

. . . more on Charts 

Williams %R

Above is a 1 Minute Line Chart of the Dow Jones Industrials Index (INDU).  The yellow line in the middle pane represent the Williams %R line, defined by the preferences below.  The green line in the lower pane represents the stochastics Raw K line, seen as the inverse of the Williams %R.

 
The Preferences . . . 

. . . more on Preferences 

Williams %R Preferences

  • Period

  • Line Color

  • Reference Line (1, 2)

 
The Description . . .
The Williams %Range (%R) Study, is the exact inverse of Lane's Stochastic Study. You may see the relationship between the stochastic and %R very clearly by charting the same symbol in two chart windows that are stacked vertically. Put the %R in one window and stochastics in the other as shown.