Registered User Joined: 5/29/2005 Posts: 11
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I want to know the formula for Williams %R oscillator when the price goes below 80 oversold or above 20 overbought, so I can scan this in my stock selections, thanks
Scott
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Williams %R is Stochastics - 100 and should range from -100 to 0. It should also have a period. You may wish to try the following (using a Period of 10):
Williams(10) %R < -80:
STOC10 - 100 < (-80)
Williams(10) %R > -20
STOC10 - 100 > (-20)
You may wish to review the following:
Williams % R How to create a Personal Criteria Forumula (PCF) Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce Personal Criteria Formulas TC2000 Support Articles
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