I have a Williams %R using this PCF:

(((MAXH10 - C) / ( MAXH10 - MINL10)) * ( - 100)) >= ( - 50)

that I would like to display the W %R line on the bottom of one of the charts I am creating.

I rejoined TC2000 after 5 years and am rusty and not sure how to do this.  Any help would be appreciated.

Thanks

Lincoln

If you haven't done so yet, you'll have to create a Custom Indicator using your formula. Then it will be available on the indicator menu for you to add to your charts.  The formula you've listed is saying that you want to know if Williams %R is greator than or equal to a value of -50.  If this is what you're trying to do, then you'll have to create a "Custom PFC % True" indicator. This type of indicator just shows whether your formula condition has been met or not (i.e., wheter the conditon is true or not). 

To do this: 

(1.) bring up a chart

(2.) go to the "Add Plot to Chart" menu, make sure you're on the indicators tab, then search for & choose to add "Custom PFC % True Indicator" to the chart

(3.) once this indicator is on the chart, you'll have to edit it to add your Williams %R formula 

(4.) open the drop-down menu on the newly added indicator & choose the edit function 

(5.) type your formula into the formula box, then hit the "test" button to make sure your formula works correctly & doesn't need any corrections  (your formula, as listed, is correctly formatted & will work)

(6.) before closing the edit function, name your custom indicator in the label box & make any other changes you want like choosing a color or type of line style 

(7.) once the indicator is setup like you prefer, hit the "OK" button & exit the edit function

(8.) now you want to save your custom indicator so that you can add it to charts .... go to the indicator drop-down menu & choose "Save This Indicator"..... in the pop-up box that appears input the indicator name again & hit the OK button ... the indicator is now saved in your indicators list & available to add to charts 

(9.) you can now go to any chart & add your new indicator by using the "Add Plot to Chart" funtion again

Thanks!  I will give it a go.... much appreciated

Lincoln

You can also represent W%R using the Stochastics indicator, which is built into TC2000. Has a minor advantage of a positive, not a negative, number scale (ie range is 0 to 100, not -100 to 0)