Compact mode
Williams %R
Known for Momentum And Potential Reversals
Table of content
General Information
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly used- StocksThe asset classes Williams %R is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Williams %R is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Made In 🌍
The country or origin of the trading indicator
Characteristics
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading community
Facts
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicator- Developed by Larry Williams
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicator- It's like a rollercoaster - the higher it goes the scarier the drop
Application
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.- 15-MinuteWilliams %R is most effective for 15-Minute timeframes. Indicators suited for analyzing market data on a 15-minute timeframe Click to see all.
- 1-HourWilliams %R is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe Click to see all.
- 4-HourWilliams %R is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe Click to see all.
Technical Details
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Signal Generation 📊
Describes the methods by which the indicator produces trading signalsCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicator
Usage
For whom 👥
The target audience or user group for the trading indicatorPurpose 📈
The primary purpose or application of the trading indicator
Evaluation
Performance Metrics
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCustomization Score 🔧
A score representing the degree of customization available for the trading indicator- 6.5The customization score for Williams %R is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metrics
Alternatives to Williams %R
Stochastic Oscillator
Known for Momentum And Trend Reversal🔧 is more customizable than Williams %R
⭐ is rated higher overall than Williams %R
Relative Strength Index (RSI)
Known for Momentum Measurement💯 is more reliable than Williams %R
💻 is easier to use than Williams %R
🔀 is more versatile than Williams %R
⭐ is rated higher overall than Williams %R
Elder-Ray Index
Known for Combining Trend And Momentum🔀 is more versatile than Williams %R
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Awesome Oscillator (AO)
Known for Simplicity And Effectiveness⭐ is rated higher overall than Williams %R
Rate Of Change (ROC)
Known for Speed Of Price Changes💻 is easier to use than Williams %R
🔀 is more versatile than Williams %R
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Ultimate Oscillator
Known for Multi-Timeframe Analysis🔀 is more versatile than Williams %R
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Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution💯 is more reliable than Williams %R
⭐ is rated higher overall than Williams %R