Smoothing Williams Percent Range with Moving Averages

Summary

The document describes an indicator that applies smoothing to Williams Percent Range (WPR), a technical oscillator. It identifies four supported averaging choices: simple, exponential, smoothed, and linear weighted moving averages. The main practical choice is therefore the smoothing method used to transform the original WPR series.

A smoothing period of one or less disables the transformation, leaving the indicator equivalent to the unsmoothed WPR. The page does not provide formulas, parameter-selection guidance, chart examples, entry or exit rules, or evidence that smoothing improves signals. Traders would need to evaluate the indicator against their own market, timeframe, and execution assumptions before using it; the source describes the available options but does not establish an edge.

Key ideas

• The indicator smooths Williams Percent Range using a selected moving average.
• Available smoothing choices are simple, exponential, smoothed, and linear weighted averages.
• A smoothing period of one or less leaves WPR unsmoothed.
• The document gives no trading rules or performance evidence for the indicator.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.