Momentum
Williams %R
Williams %R (overbought/oversold) in its own panel.
Real example in the platform
Williams %R on the NQ, 1-minute candles built from real ticks (October 16, 2026, Rithmic feed) — a screenshot of the platform itself, factory settings.
What it does
- Where the close sits in the range of the last N bars, from 0 (top) to −100 (bottom).
- Above −20 = overbought, below −80 = oversold.
Options
- Period, OB/OS levels, color.
Settings
Everything you can change in the indicator's settings dialog, in the same order as in the platform:
- Period
- Overbought
- Oversold
- Color
- Pane height (px)
- Background blur
- Paint candles
- Calculation source (another candle type/timeframe)
How to add it in EliteXCharts
- Open a chart and click the Indicators icon in the chart header.
- Pick the Momentum category and choose Williams %R.
- Click Add. Double-click the indicator (or use its gear) to open the settings.
- Or ask the AI Assistant: "add the Williams %R".
Frequently asked questions
What does the Williams %R indicator do?
Williams %R (overbought/oversold) in its own panel. Where the close sits in the range of the last N bars, from 0 (top) to −100 (bottom). Above −20 = overbought, below −80 = oversold.
How do you read the Williams %R?
Period, OB/OS levels, color.
How do I add the Williams %R to a chart in EliteXCharts?
Open a chart and click the Indicators icon in the chart header. Pick the Momentum category and choose Williams %R. Click Add. Double-click the indicator (or use its gear) to open the settings. Or ask the AI Assistant: "add the Williams %R".
Related indicators
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