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racer8
9. Aug. 2020 19:43

Riley's Percent Range 

WTI CRUDE OILTVC

Beschreibung

This indicator is based on Williams Percent Range, but uses a slightly different formula.

When the indicator line is green = buy, red = sell, gray = neutral.

Enjoy! and hit the follow button to stay up to date with my latest indicators!

Versionshinweise

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Added short title: RPR
Changed color from green to lime.
Kommentare
lejmer
Just FYI, this is how the %K line in the Stochastic Oscillator is calculated. :)
racer8
@lejmer, big fan of yours. I follow your scripts man. Interesting idea :)
lejmer
@racer8, Same mate! You have some really cool stuff! :)
racer8
@lejmer, Thanks :)
racer8
Riley's %R = 100*(current close - lowest close)/(highest close - lowest close)
racer8
The indicator ranges from 0 to 100.
It relies only on the closing price.
A higher setting than 14 is recommended.
This is a very powerful indicator.
Carolcarr
Good work
racer8
Thanks!
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