Banzai wrote: Mon May 23, 2022 4:48 am Williams' Percent Range

Surf around and one website said:

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A special way to use %R is to use it in Theory of Cycles. 
It is recommended to take 5, 10 and 20-day segments, 
corresponding to the calendar periods: 14, 20 and 56. 

Here's the indicator.

Best Timeframe: D1

Also, watch out for the divergences.