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I have had several requests to code this indicator, i personally do not nor ever have used the %R so i am unsure if i have the settings correct, however here it is as requested, if someone who uses this indicator can explain what is required i will make a MTF Bar type WPR which several have also requested.
As for the MTF bar indi, it would be very cool since the %R is very good and very usafall to identify the trend with longer period like 90,180,360 and such..plus, %R also work good as a cycle indi, like stoch,macd, schaff and such..
Now if you are going to do Bar MTF for %R, it would be cool if you can do option 2 switch between 2 modes
Mode1. all TF will work on the same period, I mean if you set the indi to 13-P, all TF will show based on this period(like your other bar indi, CCI&RSI and stoch indi's).
Mode2. will let you set diff period for every TF, for example, 30min will work on 13P, 1h will work on 90P and so on...if its doable of course...
Anyway, THANKS AGAIN! you rock man!
__________________
Creativity is all you need, Its part of the BALANCE
Hello CJA
as usual you have created a piece of art. Here you enlight the reversal points;. %R is the earliest indy for showing it. Here is a version from simba sys by frantacech with useful settings.
Thanks for your works.
the way i use it is similar to cci, but in this case i'm looking for oversold between -100 and -80, and overbought between -20 and 0.
i'll look at the indicator and come back with another post if it's necessary.
thanks!!!!
Quote:
Originally Posted by cja
I have had several requests to code this indicator, i personally do not nor ever have used the %R so i am unsure if i have the settings correct, however here it is as requested, if someone who uses this indicator can explain what is required i will make a MTF Bar type WPR which several have also requested.
Hi newdigital, do you happen to know of any good trend indicator like the zigzag but does not keep changing the arrows everytime a new low/high is formed? Thanks!
i will try.
Linear Mode
