Syntax
Public Function William(chart_ID As Long, period As Integer) As String
Description
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.
Parameters
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.
Sample
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