This is an upgrade and an update of my Williams %R indicator modification.
As before this implementation is enhanced with CCI in the form of background colors. These colors can be used as a confirmation signal and indication of a current trend. Thee also can be employed in deciding when to enter/exit the market. Besides, added is a scaling function and Lower/Upper Bound inputs.
Note di rilascio
⋅
Major Fix. Added non-repaining feature.
Note di rilascio
⋅
Major Fix. Added LSMA, Vidya, EMA to the functionality of the indicator. These are used as proxies in support to the Williams %R curve.
Note di rilascio
⋅
Major fix. Corrected feature calculation. Added VWAP.
Can you please incorporate LSMA or VIDYA or EMA candles into the existing script, will be immensely helpful in identifying reversals, when momentum stops at the top and the bottom along with William %R.