William %R indicator: Is it available?

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arjfca
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William %R indicator: Is it available?

Postby arjfca » 12 Jul 2012

Hello

I was listening to a webminar and I wanted to replicate the chart setup. I don't see the Williams %R indicator in my list. Is it available?

I could find the formula and create it, but if it is already done....

Martin

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JoshM
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Re: William %R indicator: Is it available?

Postby JoshM » 12 Jul 2012

There's an %R indicator included by default in MultiCharts, but you'll have to check if this one is the same as Williams' version. Looks like it though.
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ABC
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Re: William %R indicator: Is it available?

Postby ABC » 12 Jul 2012

To come up with the Williams %R use the %R and substract 100.

Code: Select all

WilliamsR = PercentR(Length) - 100;


Take an existing indicator, turn it upside down and give it your name ;).
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arjfca
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Re: William %R indicator: Is it available?

Postby arjfca » 12 Jul 2012

ABC wrote:To come up with the Williams %R use the %R and substract 100.

Code: Select all

WilliamsR = PercentR(Length) - 100;


Take an existing indicator, turn it upside down and give it your name ;).

Hello Chris

Good idea

I just created a new powerful indicator, the Rentlek. An interesting envelop concept. May look like similar as the Keltner. But don't be confuse, it is at least spelled backward...

Martin :)

N.B.
I did created the Williams R indicator using the %R and adapting the formula


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