Divergence William%R

• 05/03/2021 at 11:12 AM #168661
  minhbui

  Hello everyone,

  Can you help me for this.

  For the indicator William%R, i have the code like this

  period = 14

  hh = highest[period](high)

  ll = lowest[period](low)

  Wp = ((hh–close)/(hh–ll))*–100

  return Wp as “Williams R percent”, –20 as “-20 level”, –80 as “-80 level”

  Can someone help me to complete with addition of divergence for William%R? (like we see in divergence RSI, each time we have a divergence,=> we will see a bar red or green to indicate that there is divergence now)

  Thank you.

  

  minhbui

  Participant

  Topics: 3

  Replies: 2

  Been thanked: 0 times
  05/03/2021 at 5:50 PM #168709
  robertogozzi

  There you go:

  /////////////////////////////////////////////////////////// ONCE NumberOfBars = 40 ONCE WRperiods = 14 ONCE Distance = 25 * pipsize // ONCE NumberOfBars = max(1,min(999,NumberOfBars)) ONCE WRperiods = max(1,min(999,WRperiods)) ONCE Distance = Distance * PipSize // r = 255 g = 0 b = 0 t = 255 // src = CustomClose // hh = highest[WRperiods](high) ll = lowest[WRperiods](low) WR = ((hh-src)/(hh-ll))*-100 // IF (BarIndex > (WRperiods + NumberOfBars)) THEN // Divergenza Ribassista IF (WR[1] > WR) AND (WR[1] > WR[2]) THEN extremum2=WR[1] extremum1=highest[NumberOfBars](WR) Prezzomax2=src[1] Prezzomax=Highest[NumberOfBars](src) IF(extremum2 < extremum1) AND (Prezzomax2 > Prezzomax[1]) THEN FOR i = 1 TO NumberOfBars if WR[i] = extremum1 then zz = i drawsegment (barindex[1], WR[1]+Distance, barindex[zz], WR[zz]+Distance) coloured(r,g,b,t) endif next endif endif // Divergenza Rialzista IF (WR[1] < WR) AND (WR[1]<WR[2]) THEN extremum22 = WR[1] extremum11 = lowest[NumberOfBars](WR) Prezzomin2 = src[1] Prezzomin = lowest[NumberOfBars](src) IF(extremum22 > extremum11) AND (Prezzomin2 < Prezzomin[1]) THEN FOR i2 = 1 TO NumberOfBars if WR[i2] = extremum11[1] then zz2 = i2 r = 0 g = 0 b = 255 drawsegment(barindex[1], WR[1]-Distance, barindex[zz2], WR[zz2]-Distance) coloured(r,g,b,t) endif next ENDIF ENDIF endif return WR as "Willimas R%"//, 0 as "0"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56

  /////////////////////////////////////////////////////////// ONCE NumberOfBars    = 40 ONCE WRperiods       = 14 ONCE Distance        = 25 * pipsize // ONCE NumberOfBars    = max(1,min(999,NumberOfBars)) ONCE WRperiods       = max(1,min(999,WRperiods)) ONCE Distance        = Distance * PipSize // r     = 255 g     = 0 b     = 0 t     = 255 // src   = CustomClose // hh    = highest[WRperiods](high) ll    = lowest[WRperiods](low) WR    = ((hh-src)/(hh-ll))*-100 // IF (BarIndex > (WRperiods + NumberOfBars)) THEN // Divergenza Ribassista IF (WR[1] > WR) AND (WR[1] > WR[2]) THEN extremum2=WR[1] extremum1=highest[NumberOfBars](WR) Prezzomax2=src[1] Prezzomax=Highest[NumberOfBars](src) IF(extremum2 < extremum1) AND (Prezzomax2 > Prezzomax[1]) THEN FOR  i = 1 TO NumberOfBars if WR[i] = extremum1 then zz = i drawsegment (barindex[1], WR[1]+Distance, barindex[zz], WR[zz]+Distance) coloured(r,g,b,t) endif next endif endif // Divergenza Rialzista IF (WR[1] < WR) AND (WR[1]<WR[2]) THEN extremum22 = WR[1] extremum11 = lowest[NumberOfBars](WR) Prezzomin2 = src[1] Prezzomin  = lowest[NumberOfBars](src) IF(extremum22 > extremum11) AND (Prezzomin2 < Prezzomin[1]) THEN FOR  i2 = 1 TO NumberOfBars if WR[i2] = extremum11[1] then zz2 = i2 r   = 0 g   = 0 b   = 255 drawsegment(barindex[1], WR[1]-Distance, barindex[zz2], WR[zz2]-Distance) coloured(r,g,b,t) endif next ENDIF ENDIF endif return WR as "Willimas R%"//, 0 as "0"

  You can change the NumerOfBars to scan a bar range, WRperiods and and Distance of lines from the price.

  If you import the ITF file you will have variables declared.

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 16466

  Been thanked: 3641 times
  05/04/2021 at 3:28 PM #168781
  minhbui

  Thank you so much

  

  minhbui

  Participant

  Topics: 3

  Replies: 2

  Been thanked: 0 times
• Author
  Posts