Traders Toolbox: Williams %R Revisited...

Trader's Toolbox

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Stochastics with MarketClub

"MarketClub is known for our “Trade Triangle” technology. However, if you have used other technical analysis indicators previously, you can use a combination of the studies and other techniques in conjunction with the “Trade Triangles” to further confirm trends.

Williams’ %R oscillator, attributed to Larry Williams, is a variation of the stochastics indicator previously discussed. Because the two oscillators are essentially the same, only minor modifications to the formula are required. The formula for calculating %R is: %R = Hn – C / Hn – Ln where Hn = highest high of the period, C = Close of the current period and Ln = lowest low of the period..."

Revisit the Trader's Toolbox Post: "William's %R" here.

2 thoughts on “Traders Toolbox: Williams %R Revisited...

  1. Hi Ruben,

    The screen above is actually from MarketClub's older charts, but we do still offer the Williams %R indicator on our new and improved streaming Flash charts.

    If you have any other questions regarding MarketClub, please give us a call at 1-800-538-7424 or email us at [email protected].

    Best,

    Susan Jackson
    Webinar Administrator
    INO.com & MarketClub

Comments are closed.