OPEN-SOURCE SCRIPT
Atualizado %R FreeWilly [FlowForge]

%R FreeWilly [FlowForge]
A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices.
Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree.
What you get:
- Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone
- Green shaded boxes when oversold exhaustion is active potential LONG zone
- Reversal arrows when the exhaustion zone breaks the momentum shift signal
- Fully customizable fast/slow lengths, colors, and thresholds
Best used alongside VWAP Reversion [FlowForge] and ORB Sessions 15m [FlowForge] when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range.
Default settings: Fast 21 / Slow 112
Free and open source. No invite needed
A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices.
Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree.
What you get:
- Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone
- Green shaded boxes when oversold exhaustion is active potential LONG zone
- Reversal arrows when the exhaustion zone breaks the momentum shift signal
- Fully customizable fast/slow lengths, colors, and thresholds
Best used alongside VWAP Reversion [FlowForge] and ORB Sessions 15m [FlowForge] when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range.
Default settings: Fast 21 / Slow 112
Free and open source. No invite needed
Notas de Lançamento
%R FreeWilly [FlowForge]A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices.
Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree.
What you get:
- Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone
- Green shaded boxes when oversold exhaustion is active potential LONG zone
- Reversal arrows when the exhaustion zone breaks the momentum shift signal
- Fully customizable fast/slow lengths, colors, and thresholds
Best used alongside ORB Sessions 15m [FlowForge] when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range.
Default settings: Fast 14 / Slow 56
Free and open source. No invite needed
Notas de Lançamento
xNotas de Lançamento
DeletedNotas de Lançamento
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Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.