OPEN-SOURCE SCRIPT
Willams %R extreme and MACD Divergence

This is two different indicators combine into one.
First is the two different period of Williams% 5 mins and 15 mins.
Second is the MACD line of 5 mins chart.
Both will be primarily use on the 5 mins chart, you can use on another time frame if you wish
Williams %:
green = uptrending
red = downtrending
Bright green: overbought condition, look to Short at the end of the signal
Bright Red: oversold condition, look to Long at the end of the signal
MACD:
I also added the MACD line which you can use for divergence
when price move higher and MACD is moving down, expecting price to drop sometime soon or vice versa. See chart for example.
First is the two different period of Williams% 5 mins and 15 mins.
Second is the MACD line of 5 mins chart.
Both will be primarily use on the 5 mins chart, you can use on another time frame if you wish
Williams %:
green = uptrending
red = downtrending
Bright green: overbought condition, look to Short at the end of the signal
Bright Red: oversold condition, look to Long at the end of the signal
MACD:
I also added the MACD line which you can use for divergence
when price move higher and MACD is moving down, expecting price to drop sometime soon or vice versa. See chart for example.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。