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John,
colB: WillR(30)> -20 AND ref(WillR(30)-1) <= -20
should do the trick for you. The Williams %R is a tricky scale since
its negative 0 to 100 inverted. Make an indicator and see if its
giving the signals you are looking for.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "jgoldswo2002"
<jgoldswo2002@xxx> wrote:
>
> I am trying to create an exloration that would filter price charts
that
> have crossed the Williams%R. Specifically I would want the
exploration
> to select charts that were below -20 the previous day but are now
> above -20 on the current day. The formula I have tried is the
> following:
>
> colA: Close
>
> colB: WillR(30)> -20 AND (WillR(30)-1) <= -20
>
> Filter: colB
>
> So far the results do not fit what I desire to see which is the %R
just
> crossing over to the upside of the -20 line. Can anyone see where
my
> formula needs adjusting? Any input would be appreciated. Thanks.
>
> John
>
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