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Advanced Williams Percent R

This indicator created High Low bars of the standard WilliamsR indicator then applies a low fluctuation no lag smoothing ling (Light Blue) and a Signal Line (Maroon) to the smoothing line. It also draws a dot at the end of the calculation range to show you what prices are included in the calculation. The No Lag calculation is based on Ahrens Moving Average, tweaked to calculate off of the highs and lows not the open and close providing less variance to the indicator.

It will show the variance that takes place on the WilliamsR and smooth it to show you a more accurate number. I hope you like it, and if you do please leave a comment to show your appreciation.

Cheers,

Category NinjaTrader 7 Indicators

Details: Advanced Williams Percent R
Category: NinjaTrader 7 Indicators

January 15th, 2014
Size: 9.64 KB
Downloaded: 388 times

Comments/ratings

crs247 January 15th, 2014 02:53 PM

Great Indicator, thanks for sharing!

cv2low February 11th, 2014 07:40 PM

Thanks Sody, now I will have to figure out how to use it!

gentech August 2nd, 2015 02:27 PM

Thanks. Looks very interesting and promising.