%R value of 100.22. Is this an error?  [SOLVED]

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bowlesj3
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%R value of 100.22. Is this an error?

Postby bowlesj3 » 15 Sep 2017

Hi, I just noticed a chart with a %R value of 100.22. The highest I have ever seen is 100 and the lowest I have ever seen is 0 (zero). I now know to test for >= 100 in my scripts rather than = 100. But is it an error and thus should I need to do this? I guess a review of the calc is in order.
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Henry MultiСharts
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Re: %R value of 100.22. Is this an error?  [SOLVED]

Postby Henry MultiСharts » 19 Sep 2017

Hello John,

It can happen if close > high on the price series, means you have faulty data. Normally if data is ok you should not have %R > 100.
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bowlesj3
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Re: %R value of 100.22. Is this an error?

Postby bowlesj3 » 19 Sep 2017

Thanks Henry. I checked and you were correct. The close was one penny higher that the high. After I changed the data it fixed the %R so it is back at 100. John.


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