Classic Chart Indicators and Studies
Find descriptions, formulas, parameters, and other help for the indicators and studies used by the Barchart.com Classic Charting application below.
When charting any of the studies, the argument coloring is red, green then blue. For example, on a Moving Average chart [9, 18, 40], the 9 day would be the red line, 18 day would be the green line and the 40 day would be the blue line. The argument order is displayed on the chart next to the study name.
Williams Percent R
Williams Percent R was developed by Larry Williams. It indicates overbought/oversold market conditions, and is expressed as a percentage, ranging from zero to 100%.
Percent R is the inverse of the Raw Stochastic.