Williams’ %R > x
Abbreviation: %R>x
Category: Crossover & Breakout Identification
Input Parameters:
| Name | Range | Default |
| High Price | High | |
| Low Price | Low | |
| Closing Price | Close | |
| Stochastic Periods | Int >= 1 | 5 |
| X | Real | 80 |
Calculation:
If %R(High Price, Low Price, Closing Price, Stochastic Periods) > X then 1
Otherwise 0
where
%R represents Williams’ %R
Discussion:
Indicates periods for which Williams’ %R is above a certain value.