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Please help me,
I want to view Williams%r as a histogram that calculates its possition relative to -50 instead of 0. In other words, i want it to look like PS MACD Histogram but instead of crossing at zero it crosses at -50.
Thanks in advance. Hope I was clear enough.
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Rank: Advanced Member
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>>I want to view Williams%r as a histogram
Change the Style to histogram.
>> that calculates its possition
relative to -50 instead of 0.
It already does that.
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Rank: Advanced Member
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Hi Johnathan
Doesn't any histogram stlye swing about 0? I'm not sure that the zero neutral point can be offset.
Roy
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Rank: Newbie
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This is exactly what im trying to do, set the neutral point to -50. Sorry, im horrible at explaining myself. Hope this is possible.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 5/13/2005(UTC)
Posts: 715
Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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Roy -- Whoopsies! You're right...
Mr. Jepson -- Create this custom Indicator, plot it, and set the Style to histogram:
{ Williams %R - Custom } { <-- Formula Name }
NumPeriods:= Input("Enter the number of periods:",3,50,14);
WR:=((HHV(H,NumPeriods) - C)/(HHV(H,NumPeriods) - LLV(L,NumPeriods))) * -100;
WR+50;
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Rank: Newbie
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Thank you kindly, i'll give this a shot!
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