• 概述
  • 评论 (1)
  • 评论
  • 新特性

WilliamPercentChannel

This indicator helps you to find overbought and oversold prices based on William %R.

Input Description:

  • Wperiod: Period for %R indicator.
  • OverBoughtLevel: Define the overbought level for %R. Must in between 0 and -50.
  • OverSoldLevel: Define the oversold level for %R. Must in between -50 and -100.
  • middle_value: When true, indicator also draw the middle points between upper and lower line.
  • shift: Set an additional offset to the indicator.

Several Notes:

Set 0 and -100 as Overbought and Oversold levels, and you get Donchian Channel!

Sometimes it would be wise to:

  • Check your Trend Indicator when price is NOT inside the channel.
  • BUY when Low is below the lower channel line and Close is inside the Channel.
  • SELL when High is above the higher channel line and Close is inside the channel.
sunnychow
6273
sunnychow 2019.03.10 14:53 
 

Thanks for share

版本 1.2 2019.02.03
Off-by-one bug fix at the most left of the chart (like in 14-period indictors, it must start at 14th bars).
版本 1.1 2019.01.29
Added middle_value and shifts. Also enabling 0 and -100 as limits. Becomes FREE since it may turn into Donchian Channel.