Build the Williams %R Indicator in Python to Buy and Sell Stocks
Create the Williams Percent Range Indicator using Python
Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest & budget at your own discretion. Affiliate links are in this article (by clicking on these links you help me out with no additional cost to yourself). Please enjoy the article!
This article IS NOT FINANCIAL ADVICE, please do your own research before making any investment. In this article I will discuss the Traditional 401K retirement account. You will learn what it is and maybe some things that you didn’t know before.
Introduction
In this article I will show you how to create the Williams Percent Range (aka William's percent R) indicator using the python programming language. An indicator in technical analysis is a mathematical computation based on the price or volume of a securities, the outcome of which is used to forecast future prices.
What is Williams %R?
The Williams Percent Range, or Williams %R, is a sort of momentum indicator that analyzes levels of overbought and oversold conditions. It fluctuates between 0 and -100. This indicator is like the Stochastic oscillator and is used in the same manner.