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Thanks Preston I will give that change a try.
John
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> 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@> 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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