Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:38 PM


 Public Function William(chart_ID As Long, period As Integer) As String


Williams’ %R measures overbought/oversold levels.

The most widely used method for interpreting Williams’ %R is to buy when the indicator rises above 80 or sell when the indicator falls below 20.


Key Description 
chart_ID Chart identifier, 0 is the current chart, a value of type Long
period The calculation period, on which the indicator will be calculated, a value of type Integer

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.


Public Sub main()

AlertMessage (William (0,14)) 'Draws the indicator on the chart and shows an Alert Message with the indicator name.

End Sub

See Also

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