Smoothed Williams %r

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

  Hi,

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

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

  Thanks

  Jim

  

  neddyboy

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

  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"

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  //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"

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  //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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  neddyboy

  

  robertogozzi

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