Ultimate Williams %R

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Ultimate Williams %R

The most advanced Williams %R indicator available - featuring multi-timeframe analysis, zero-lag processing, volatility adaptivity, and intelligent extreme zone detection.

Key Improvements Over Standard Williams %R

• Multi-Timeframe: Combines short, medium, and long-term Williams %R calculations with Ultimate Oscillator-style weighting for superior signal quality
  
• Zero-Lag Implementation: Utilizes Ehler's Zero-Lag EMA with error correction, eliminating traditional oscillator lag while maintaining smoothness
  
• Volatility Adaptive: Automatically adjusts periods based on ATR volatility analysis for optimal performance in all market conditions
  
• Z-Score Normalization: Provides consistent, statistically-based extreme level detection across different market environments
  

Perfect For

• Overbought/Oversold Identification: Instantly spot extreme market conditions with visual intensity that scales with signal strength
  
• Divergence Analysis: Enhanced responsiveness and smooth operation make divergence patterns clearer and more reliable
  
• Multi-Timeframe Confirmation: Built-in timeframe combination eliminates the need for multiple Williams %R indicators
  
• Entry/Exit Timing: Zero-lag processing provides earlier signals without sacrificing accuracy
  

Customizable Settings

• Timeframe Periods: Adjustable short (7), medium (14), and long (28) periods
  
• Volatility Adaptation: Configurable ATR-based period adjustment
  
• Zero-Lag Processing: Toggle and fine-tune the smoothing system
  
• Z-Score Normalization: Adjustable lookback period for statistical analysis
  
• Extreme Levels: Customizable threshold for extreme signal detection
  

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ملاحظات الأخبار

Added signal line
Added optional additional smoothing