Smoothed Williams %r

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  • 07/19/2023 at 11:35 PM #217907 quote
    neddyboy
    Participant
    New

    Hi,

    Does anyone know how to code a smoothed Williams % indicator?

    I’ve search the code library but can’t find anything.

    Thanks

    Jim

    07/20/2023 at 7:04 PM #217960 quote
    robertogozzi
    Moderator
    Master

    This is the code by Nicolas:

    //PRC_WilliamsRpercent - 01.09.2016 - Nicolas @ www.prorealcode.com
//
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"

    you can add the smoothing just BEFORE the last line:

    //PRC_WilliamsRpercent - 01.09.2016 - Nicolas @ www.prorealcode.com
//
period = 14
hh     = highest[period](high)
ll     = lowest[period](low)
Wp     = ((hh-close)/(hh-ll))*-100
Smooth = average[period,0](Wp)
return Wp as "Williams R percent", Smooth as "Williams R% Smoothed", -20 as "-20 level", -80 as "-80 level"

    you can  change the type of MA (o=sma, 1=ema, etc… as from https://www.prorealcode.com/documentation/average/) and periods.

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Smoothed Williams %r


ProBuilder: Indicators & Custom Tools

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neddyboy @neddyboy Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
2 years, 6 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 07/19/2023
Status: Active
Attachments: No files
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