FXCodeBase.COM: Forex Chart Indicators and Development

Williams Percent Range Technical Indicator is a dynamic technical indicator, which determines whether the market is overbought/oversold.

Calculation:

WPR = (HIGH(i-n)-CLOSE)/(HIGH(i-n)-LOW(i-n))*100

Where:
CLOSE — is today’s closing price;
HIGH(i-n) — is the highest high over a number (n) of previous periods;
LOW(i-n) — is the lowest low over a number (n) of previous periods.








The indicator was revised and updated

Hi dear,
is it possible to have a strategy that triggers buys/sells when the Williams Percent Range (WPR) reaches a certain level? The levels would have to be flexible so I can decide if I want a buy at -20 or -45 or -50, ectetera. Also the periods would have to be flexible (for example, 14-period, or 50-period or whatever I decide).
Thank you so much for your help.

virgilio wrote:Hi dear,
is it possible to have a strategy that triggers buys/sells when the Williams Percent Range (WPR) reaches a certain level? The levels would have to be flexible so I can decide if I want a buy at -20 or -45 or -50, ectetera. Also the periods would have to be flexible (for example, 14-period, or 50-period or whatever I decide).
Thank you so much for your help.

OK.
I will work on it.

Strategy may be find here: viewtopic.php?f=31&t=3482

Can we please request a MTF MCP heatmap of Williams Percent Range in Lua.

Thanks,

sjc

Two Line WilliamsPercentRange.lua added.

MTF MCP Williams Percent Range heatmap.lua added.

The indicator was revised and updated