OPEN-SOURCE SCRIPT

Intermediate Williams %R w/ Discontinued Signal Lines [Loxx]

Mis à jour
Intermediate Williams %R w/ Discontinued Signal Lines [Loxx] is a Williams %R indicator with advanced options:

-Williams %R smoothing, 30+ smoothing algos found here:
loxxmas - moving averages used in Loxx's indis & strats

-Williams %R signal, 30+ smoothing algos found here:
loxxmas - moving averages used in Loxx's indis & strats

-DSL lines with smoothing or fixed overbought/oversold boundaries, smoothing algos are EMA and FEMA
-33 Expanded Source Type inputs including Heiken-Ashi and Heiken-Ashi Better, found here:
loxxexpandedsourcetypes


What is Williams %R?
Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and is used in the same way. It was developed by Larry Williams and it compares a stock’s closing price to the high-low range over a specific period, typically 14 days or periods.

Included:
-Toggle on/off bar coloring
-Toggle on/off signal line
Notes de version
Added MTF, gaps, and short title.
Notes de version
Fixed error.
Bill Williams IndicatorswilliamspercentrWilliams %R (%R)

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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