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Ultimate Williams %R

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Ultimate Williams %R

The most advanced Williams %R indicator available - featuring multi-timeframe analysis, zero-lag processing, volatility adaptivity, and intelligent extreme zone detection.

Key Improvements Over Standard Williams %R

  • Multi-Timeframe: Combines short, medium, and long-term Williams %R calculations with Ultimate Oscillator-style weighting for superior signal quality
  • Zero-Lag Implementation: Utilizes Ehler's Zero-Lag EMA with error correction, eliminating traditional oscillator lag while maintaining smoothness
  • Volatility Adaptive: Automatically adjusts periods based on ATR volatility analysis for optimal performance in all market conditions
  • Z-Score Normalization: Provides consistent, statistically-based extreme level detection across different market environments


Perfect For

  • Overbought/Oversold Identification: Instantly spot extreme market conditions with visual intensity that scales with signal strength
  • Divergence Analysis: Enhanced responsiveness and smooth operation make divergence patterns clearer and more reliable
  • Multi-Timeframe Confirmation: Built-in timeframe combination eliminates the need for multiple Williams %R indicators
  • Entry/Exit Timing: Zero-lag processing provides earlier signals without sacrificing accuracy


Customizable Settings

  • Timeframe Periods: Adjustable short (7), medium (14), and long (28) periods
  • Volatility Adaptation: Configurable ATR-based period adjustment
  • Zero-Lag Processing: Toggle and fine-tune the smoothing system
  • Z-Score Normalization: Adjustable lookback period for statistical analysis
  • Extreme Levels: Customizable threshold for extreme signal detection
Sürüm Notları
Added signal line
Added optional additional smoothing

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.