OPEN-SOURCE SCRIPT
Actualizado

Inverse Fisher Transform on Williams %R

11 286
Inverse Fisher Transform On Williams %R

Since Williams R indicator produces negative values, I preferred to add 50 instead of subtracting 50.

It produces values between 0.5 and -0.5.
Generates clear buy and sell signals.
Williams %R determines overbought and oversold levels.
You can see more softly.



Notas de prensa
Add shorttitle.
Notas de prensa
#Color variable named
Notas de prensa
Line color changed
Notas de prensa
Linecolor parameter added
Notas de prensa
size requirement added to line
Notas de prensa
One color changed

Exención de responsabilidad

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.