OPEN-SOURCE SCRIPT

Williams %R Gradation

已更新
The Williams %R Gradation indicator visually enhances the traditional Williams %R momentum oscillator by adding dynamic coloring and EMA (Exponential Moving Average) analysis. This version integrates color gradients to highlight overbought and oversold conditions while adjusting the color intensity based on the deviation (gap) between %R and its EMA.


Usage
This indicator can be used to:

  1. Identify overbought and oversold market conditions.
  2. Highlight potential reversals with increased visibility through color fills.
  3. Analyze the strength of momentum by observing the gap between %R and its EMA.
  4. Track continuation or lingering overbought/oversold conditions with the previous bar logic.
版本注释
- Added "showSignal", "nStpes" option
- Visualize EMA & %R cross
- Predict the cross for nStpes and visualize
- Fixed fill color
Oscillators

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?

免责声明