Williams %R

Williams %R indicator with Bollinger Bands .

A bound oscillator from a formula by Larry Williams .

The oscillator ranges from 0 to -100. Overbought is at -20 and oversold is -80.

You can change the %R period, toggle the Bollinger Bands on and off and change the Bollinger Band period.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


Will try, Thank you for your hard works!