How To Use The Williams % Range

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In this video, Marcille Grapa will show you how she uses the Williams % Range indicator in her trading system. The video shows an application of a free trading lesson she has written. It's the most comprehensive report on the Williams %R so be sure to read it.

The Parabolic SAR is a trend-following technical indicator that was originally a trading system called Parabolic Time/Price System developed by J. Welles Wilder, Jr. who introduced it along with other systems and indicators in 1978 in his book, "New Concepts in Technical Trading Systems".

The William's Percent Range, commonly known as Williams %R or simply %R is a popular momentum oscillator introduced in 1973 by Larry Williams, a famous futures trader and author of books and articles in trading.

This technical indicator is classified as an oscillator because its values fluctuate between 0 and -100. The Williams %R is usually compared to the Stochastic Oscillator because they are similar except that it has a reversed scale and doesn't have an internal smoothing component. It indicates the relationship of the closing price to the price range for the specified period.

The main feature of the Williams %R, and the main reason that made it so popular, is its ability to indicate that price reversal will occur a candle or two before the price actually does. By signaling that price has reached overbought and oversold conditions, it allows traders to anticipate the reversal, thus giving enough time to take action.

Read the full report here: http://www.surefiretradingchallenge.c...