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Bill Williams Indicators · Accelerator Oscillator This is a histogram-based oscillator that shows the rate of acceleration or deceleration of price in the market. Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Readings from 0 to are. Find out how the Williams' Percent Range oscillator shows the speed with which the price is moving. Learn how to implement and interpret the %R indicator.