Intermediate Williams %R w/ Discontinued Signal Lines [Loxx]
Intermediate Williams %R w/ Discontinued Signal Lines [Loxx] is a Williams %R indicator with advanced options:
-Williams %R smoothing, 30+ smoothing algos found here:
-Williams %R signal, 30+ smoothing algos found here:
-DSL lines with smoothing or fixed overbought/oversold boundaries, smoothing algos are EMA and FEMA -33 Expanded Source Type inputs including Heiken-Ashi and Heiken-Ashi Better, found here:
What is Williams %R? Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and is used in the same way. It was developed by Larry Williams and it compares a stock’s closing price to the high-low range over a specific period, typically 14 days or periods.
Included: -Toggle on/off bar coloring -Toggle on/off signal line
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