Williams %R Indicator ranges from 0-100
Author: singhrk
Creation Date: 1/28/2020 1:09 AM
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singhrk

#1
Hello!

I noticed that the William R indicator on Wealth Lab Pro ranges from 0-100 and that the William R indicator on other platforms ranges from -100 to 0. They do not appear to be inverses of one another, however.

I would greatly appreciate your thoughts.
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superticker

#2
QUOTE:
the William %R indicator on Wealth Lab Pro ranges from 0-100 and that the William R indicator on other platforms ranges from -100 to 0.
True. You'll need to multiply this DataSeries by -1.0 to get the negative values like on the other platforms. That should also flip it around so it looks normal.
CODE:
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This is also mentioned in the Williams %R online docs for this indicator. http://www2.wealth-lab.com/WL5Wiki/WilliamsR.ashx

The Wealth-Lab wiki has an index to all the Standard, TASC, and Community indicators. See the left column in the above link under "Indicator documentation".
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Eugene

#3
Having encountered an error message or an issue, please always check out these pages:

1. Known Errors
2. Open Issues

In particular, this condition is documented here - along with a code-based workaround:

Open Issues > (756) Williams %R readings contradict standards
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