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Request PCF Formula William's Percent Range (%R) Rate this Topic:
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raider45
Posted : Sunday, December 2, 2018 4:11:11 AM
Registered User
Joined: 9/30/2011
Posts: 788
I would like to have a PCF Formula with the signal on the Up titles with the William's Percet Range Indicator (% R) with period 5 (variable of your choice)
 
References: https://www.google.com/search?rlz=1C1AOHY_itIT787IT789&ei=DqADXPLFIsPWaunmuuAH&q=Formula+Indicator+Williams+Percent+Range+%28Indicator+%25R%29+&oq=Formula+Indicator+Williams+Percent+Range+%28Indicator+% 25R + 29% & gs_l = psy-ab.3 ... 4704.34905..40018 ... 1.0..0.248.3652.5j23j1 ...... 0 .... 1..gws-wiz ..... ..0i71j33i10.ElRIVwXssjY
 
Thank you and goodbye.
Raider45
raider45
Posted : Sunday, December 2, 2018 8:43:18 AM
Registered User
Joined: 9/30/2011
Posts: 788
Further references:                                                                          
-  https://www.investopedia.com/terms/w/williamsr.asp
-  https://www.comefaretradingonline.com/analisi-tecnica/indicatore-wpr.php
-  https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:williams_r
Bruce_L
Posted : Monday, December 3, 2018 9:20:42 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The formula is available in the following discussion forum topic.

Although it should be noted that the source material is inconsistent in describing the calculations. The most recent descriptions from the author seem to omit the - 100 at the end making the calculations identical to the older stochastic indicator.



-Bruce
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raider45
Posted : Tuesday, December 4, 2018 3:45:24 AM
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Joined: 9/30/2011
Posts: 788
 
I entered the formula with the period 8 and the average moving average with period 3, but I do not understand the function Z.
 
I would like the formula similar to the Stochastic with the signal Up on line 20
Bruce_L
Posted : Tuesday, December 4, 2018 8:06:37 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

.z is the bars aga parameter, so if you are interested in the current value you can set this to zero or leave it off entirely.

Crossing up through -20 would be the following:

XUP(STOC8.3 - 100, -20)

Crossing down through -20 would be the following:

XDOWN(STOC8.3 - 100, -20)

Crossing up through -80 would be the following:

XUP(STOC8.3 - 100, -80)

Crossing down through -80 would be the following:

XDOWN(STOC8.3 - 100, -80)



-Bruce
Personal Criteria Formulas
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raider45
Posted : Tuesday, December 4, 2018 9:50:43 AM
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Joined: 9/30/2011
Posts: 788
Big congratulations, thank you!
Sincerely !
Bruce_L
Posted : Tuesday, December 4, 2018 10:19:21 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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