Plots Williams Percent Range over bought/oversold indicator as a small overlay in top right corner. De-clutter chart when all you're interested in is the real-time W%R to 'give permission' to enter a trade. i.e. to remove the Williams %R lower pane from the above chart completely.
~~User Inputs~~ ~W%R length ~Number of bars to show (default is last 6 bars) ~Plot offset (horizontal position of the plot; can be negative) ~Line color and thickness ~Show/hide plot title
~~tips~~ ~in line 26, edit the multiplier (3*), to compress/expand the vertical size of the plot
Notes de version
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Added multi-timeframe support: Choose two higher timeframes to plot adjacent to the current timeframe plot
Notes de version
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fixed spacing issue
Notes de version
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option to show HTF or only show single plot (current timeframe)
Notes de version
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cleaned up formatting options to allow for minimalist view
Notes de version
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-Added Filter conditions for Overbought/Oversold: 1 timeframe, 2 timeframes or all 3 timeframes in agreement. Highlight candle bodies and/or background when this occurs. -Added -80 and -20 reference lines
(note: bgcolor and barcolor are the only options for highlighting, since label, plotchar, plotshape all mess up the scaling of the miniplot)
Demo of Filter condition: triple timeframe agreement Overbought W%R
.. but adding more drawings in this way messes up the scale/position of the mini plots.. ..could write as seperate indicator; or could try using: alertcondition(condition, title, message)
twingall
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@twingall, correction: label.delete(l "squarebracket" 1 "squarebracket" ) (annoyingly this comment text editor deletes anything placed in square brackets)
EmanuelAlho
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Hello, fantastic work, thank you!! Its possible to update it, for as soon willy goes overB or overS prints a cross under the candle, i tried to do with but without success, to hard for my head :D It would be great!! Thanks anyway. Cheers.
twingall
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@EmanuelAlho, updated to highlight candle when OB/OS(single, double or triple agreement conditions available). Cross or labels won't work (scaling issues) so used bgColor and/or candle body color
EmanuelAlho
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@twingall, great, thank you! it's great with the background color too. ty.
.. but adding more drawings in this way messes up the scale/position of the mini plots..
..could write as seperate indicator; or could try using: alertcondition(condition, title, message)