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Williams %R Exploration for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker, exploration
This exploration may help identify stocks that one might like to enter a position into.
By Mubashar Virk
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Indicator / Formula
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_SECTION_BEGIN("William's R");
function PercentR( periods )
{
return 100 * ( HHV( H, periods ) - C )/( HHV( H, periods ) - LLV( L, periods ));
}
Plot( PercentR( Param("Periods", 10, 2, 100 ) ),
_DEFAULT_NAME(),
ParamColor("Color", ColorCycle ) );
_SECTION_END();
P = ((H + L + C) / 3);
R1 = ((2 * P) - L);
S1 = ((2 * P) - H);
R2 = ((P - S1) + R1);
S2 = (P - (R1 - S1));
Filter = PercentR( Param("Periods", 10, 2, 100 ) ) > 80;
AddColumn( V, "Volume",1 );
AddColumn( C, "Close" );
AddColumn( Ref (C, -1), "Last Close");
AddColumn( C - Ref( C, -1), "Change");
AddColumn( ROC( C, 1 ), "ROC" );
AddColumn (RSI(), "RSI",1.2);
AddColumn( r2, "R 2", 1.2);
AddColumn( r1, "R 1", 1.2);
AddColumn( P, "Pivot", 1.2);
AddColumn( S1, "S 1", 1.2);
AddColumn( S2, "S 2", 1.2);1 comments
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Sorry, but this doesnt look like Williams %R which oscillates between -80 – 20. This one just has the RSI and ROC.