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star1day
Posted : Wednesday, September 20, 2006 7:17:38 AM
Registered User
Joined: 1/29/2005
Posts: 8
 Can you write the pcf for this calculation?

%R = (Highest high over x periods - close / highest high over x periods - Lowest low over x periods) X -100


x= 14 days
Your response is greatly appreciated.
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Craig_S
Posted : Wednesday, September 20, 2006 7:34:40 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 Your formula:

(MAXH14-C)/(MAXH14-MINL14)*(-100)

plots the sams as

(100*(C-MINL14)/(MAXH14-MINL14))-100

Which is the same pattern (and reveals nothing different) as

100*(C-MINL14)/(MAXH14-MINL14)

The above is a Stochastics of 14 with no smoothing.

You can just add a Stochastics with a period of 14 and 1 for SK and SD.

William's %R does not uncover anything about price that Stochastics doesn't already reveal.

You may find this interesting: Williams % R
- Craig
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