OPEN-SOURCE SCRIPT

Williams %R

14 100
Williams %R indicator with Bollinger Bands.

A bound oscillator from a formula by Larry Williams.

The oscillator ranges from 0 to -100. Overbought is at -20 and oversold is -80.

You can change the %R period, toggle the Bollinger Bands on and off and change the Bollinger Band period.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.