Williams Percent Range Technical Indicator is a dynamic technical indicator, which determines whether the market is overbought/oversold.
Calculation:
WPR = (HIGH(i-n)-CLOSE)/(HIGH(i-n)-LOW(i-n))*100
Where:
CLOSE — is today’s closing price;
HIGH(i-n) — is the highest high over a number (n) of previous periods;
LOW(i-n) — is the lowest low over a number (n) of previous periods.
The indicator was revised and updated