Percentr

Williams %R & RSI with Multiple Periods DESCRIPTION 1. Calculates %R and RSI with multiple period lengths. 1 period length value is defined by User. 8 period length values follow User's selection of classic number sequences, e.g. Fibonacci, Leonardo, Lucas, Narayana, etc. 2. User selects which indicator and periods to display or hide. DEFAULTS %R default custom period: 10. RSI default custom period: 14. %R & RSI default number sequence periods: Lucas numbers 11, 18, 29, 47, 76, 123, 199, 322. CALCULATIONS %R = (period high - most recent period's close price)/(period high - period low) RSI = 100 - 1 / (100 + RS), where RS = SMMA(up, period) / SMMA(down, period) PURPOSE 1. Identify price trends. CREDITS 1. Williams %R technical analysis momentum oscillator by Larry Williams. 2. Wilder's Relative Strength Index technical analysis momentum oscillator by J. Welles Wilder. 3. "Solarized" color scheme by Ethan Schoonover.

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%R Trend Exhaustion [upslidedown]I love Williams %R! This indicator mixes two %R periods... a standard %R with a longer period %R. The longer period of 112 has interesting results for trend following strategies in the crypto market through backtesting. Alone these are fairly ordinary but together they provide a very interesting trend exhaustion/reversal system while filtering out some noise. I have highlighted key areas of interest with filled boxes. An "area of interest" is when there is confluence between the short and long period %R values along with being overbought or oversold. Once there is a break in the overbought or oversold trend, an arrow will print. This is one of my odder ideas that appears to have some merit and detects interesting tops or bottoms (or confirms a trend reversal) so I'm publicly publishing for the community to find. If you find this useful please reach out and let me know how you use it as it's fairly unique... and thus different than anything I've ever seen or used.

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Log ATR-%R This indicator uses a combines the "Williams %R" and "ATR_Normalized" indicators to find potential price bottoms, as suggested by simultaneous extreme values on both of the aforementioned indicators. This is represented by near zero values one this indicator. A log transform is used to make the dips easier to spot.

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by dreamsofgrandeur

ATR-%R This indicator uses a combines the "Williams %R" and "ATR_Normalized" indicators to find potential price tops and bottoms, as suggested by simultaneous extreme values on both of the aforementioned indicators.

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by dreamsofgrandeur

Williams %R Hi! WPR is the Williams percentage range indicator in my design. The main idea is that the intersection of the indicator and the moving average in the overbought and oversold zones + color highlighting gives more clear visual signals for making trading decisions based on this indicator.

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Colored Williams %R This script is the same as Williams %R except that on green days we plot green and red on red days. If a bar opens and closes the same, we plot black.

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by worldsapart89

Willams %RwEMA spy Was looking for something else when surfed into an old question wanting %R 21 period with EMA 13 period of the %R signal and being a rookie at this, made this code to post for them. Tried to comment the script in such a way that other rookies like me could make better sense of what is being done. Hope this helps someone. I find it useful as one of my indicators for trading. Pinescript for pulsewire.com user Tom1trader All time frames. Interpretation: %R (Red) crosses above it's average (Blue) - bull %R crosses below it's average - bear. Background color changes green-up red-down with above crossings. Most but not all of serious price movement takes place from the time the %R (red) goes into oversold (or bought) and exits again. %R centerline crosses can also be useful. I use various indicators and want all of the confirmation that I can get for expectations BUT I never know what the next bar will do and define my risks accordingly.

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