| The Williams’ Percent Range (% R) technical indicator is a simple yet efficient oscillator of the speed at which the price moves. |
| How to interpret: |
| 1. Convergence / divergence. Sell if the new price maximum is above the previous one and the new maximum in the% R chart is lower than the previous one. Similarly, buy if the new minimum price is below the previous one and the minimum in the% R chart is above the previous one. |
| 2. Conditions of overbought / oversold. If the% R is between 0 and -20, the market is overbought and one should think about selling. If the% R is between -100 and -80, the market is oversold and you should think about buying. |
| The exit of the oversold / overbought limits can be a return signal. |
| Note that it is better to wait for prices to confirm trading and only then to open positions. |
