Yes.
But it's not 'simple'
By not simple he means you must take care of:
- Unless the current chart is the specific pair/TF referenced, you must handle 4066/4073 errors.
- Don't mix apples and oranges.
- Make sure you have actually have history. Don't add what you don't have and don't count it for the divide.
- Assuming you are on the M15, which M1 value are you going to use? First, last, average?
kcheeb:
I want to know if its possible to make this simple custom oscillator where
1. Add stochastic + williams %R for current time frame (-100 to +100 oscillator)
2. Add stochastic + williams %R for M1, M5, M15, M30, H1, H4, D1, W1 times frames, total divided by 8 (also results in -100 to +100 oscillator)
Why do you want to use stochastic AND %R
Stochastic with slowing set to 1 using high/low for price minus 100 is exactly the same as %R. Thanks to Larry Williams that renamed "raw" stochastic to Williams % range (and that is not the only thing he stole) - but you are going to look at two times exactly the same thing
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I want to know if its possible to make this simple custom oscillator where
1. Add stochastic + williams %R for current time frame (-100 to +100 oscillator)
2. Add stochastic + williams %R for M1, M5, M15, M30, H1, H4, D1, W1 times frames, total divided by 8 (also results in -100 to +100 oscillator)