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....
William %R indicator: Is it available?
Questions about MultiCharts and user contributed studies.
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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 .
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...
I did created the Williams R indicator using the %R and adapting the formula