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Dynamic Zone Williams %R Indicator
· To: metastock@xxxxxxxxxxxxx
· Subject: Re: AW: Formula Help, Please
· From: "j seed" <jseed_10@xxxxxxxxxxx>
· Date: Tue, 07 Nov 2000 02:29:57 GMT
· Reply-To: metastock@xxxxxxxxxxxxx
· Sender: owner-metastock@xxxxxxxxxxxxx

Andreas,

Your negative dynamic zone uses a 70 day simple moving average (col A) while your col B uses a WillR(19). Try changing your col B to a mov(WillR(19),70,s) and see if you don't get some hits. Also I have written a Dynamic Zone Williams % R indicator that you may find useful. I have converted the Will%R to a +/- 50 oscillator. The formula is:


Dynamic Zone Williams %R Indicator

PR:=Input("Enter Periods for W%R",1,100,14);
PB:=Input("Enter Periods for BUY",1,100,20);
PS:=Input("Enter Periods for SELL",1,100,20);
{CONVERT W%R TO +/-50 OSC}
DWR:=(Mov(WillR(PR),2,S))+50;
UpZone:=Mov(DWR,PS,S)+(1.3185 * Stdev(DWR,PS));
LwZone:=Mov(DWR,PB,S)-(1.3185 * Stdev(DWR,PB));
MidZone:=(UpZone + LwZone)/2;
MidZone;
UpZone;
LwZone;
DWR

 

e-w-Dynamic_Zone_WilliamsR_Indicator.gif
This will plot 3 dynamic zones and a Dynamic Williams%R. To use in an exploration you would need to use the Fml Var call function of the indicator.

J.

Source / From: TOP
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