Using Percent R In My Short Term Trading

Published: Tue, 05/21/19

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Williams Percent R is an indicator I developed and have used since 1966. In the last 53 years I have learned a lot about how to use --- and how not to use --- this great tool.

Here are some pointers:

1) In 1966 markets took much longer to have large moves, so back then I used a 14 day Percent R. That still works today, but more to show the longer term momentum of all markets.

2) For short term trading in today's markets you need a shorter term Percent R time frame. I have found a 4 day Percent R to be THE VERY BEST.

3) Then and now, it's critical that Percent R be used in conjunction with something else. What could that be? In 1967 I wrote that Percent R buy signals work best when a 50 day moving average is in an uptrend. That's still true today.

4) Another twist is to use Percent R in conjunction with my TDOM (trading day of the month) concept. There are others that I talk about most weeks on my Larry TV video commentary.

If you like learning while actually trading, my Larry TV is a must. You can see Percent R and most of my tools in action each week. My goal is to make your trading easier and more profitable. How can I do that? Easy. Click here to learn more and watch a sample Larry TV

Good Luck and Good Trading,

Larry Williams

PS: Percent R signals can also be confirmed, (or dq'd) by seasonals, ADX, and some others. Larry TV subscribers see what I use every week with Percent R. :)

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