indicator · own pane · protected

Williams %R

Deepwick · @deepwickv1Updated 2 Oct 2026▲ 0 users
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About

Williams %R is the inverse of the Fast Stochastic — closer to -0 = strong, closer to -100 = weak. A clean overbought/oversold oscillator on any market.

  • Above -20 = overbought, below -80 = oversold.
  • Pair with a trend filter to avoid fighting a strong move.
  • Raise Length to slow the response.

Source code

The author chose to keep this script's code private. You can still add it to your chart, change its inputs, backtest it and create alerts from it — it runs on Deepwick's servers.

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