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William %R with OB 80 & OS 20 for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, amibroker
We usually read William %R’s Overbought -20 and Oversold -80.
We can change some code to read William %R OB & OS as we read Stochastic’s OB & OS.
Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 | _SECTION_BEGIN("William's % R");/*We usually read William %R's Overbought -20 and Oversold -80. We can change some code to read William %R OB & OS as we read Stochastic's OB & OS.*/periods = 14 ;R = 100 - 100 * ( HHV( H, periods ) - C )/( HHV( H, periods ) - LLV( L, periods ) );// 80 20Plot( R,"",colorRed,styleLine|styleThick );Plot(80,"",colorDarkGrey,styleDashed);Plot(20,"",colorDarkGrey,styleDashed);Title =EncodeColor(16)+ "{{DATE}} - "+Name() +" - " + "{{INTERVAL}} " +" W%R 14 "+WriteVal(r,1.2);_SECTION_END(); |
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