Forexmt4indicators iconForexmt4indicatorsSep 27, 2026

William Percent Range Indicator MT5

William Percent Range, commonly called Williams %R, is a momentum oscillator developed by Larry Williams. It measures where the current closing price sits within the recent high-low range.

William Percent Range Indicator MT5

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William Percent Range, commonly called Williams %R, is a momentum oscillator developed by Larry Williams.

It measures where the current closing price sits within the recent high-low range.

Readings near 0 show that price is trading close to the top of the selected range.

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The useful part

William Percent Range, commonly called Williams %R, is a momentum oscillator developed by Larry Williams. It measures where the current closing price sits within the recent high-low range. Readings near 0 show that price is trading close to the top of the selected range.

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The oscillator normally moves between 0 and -100.

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