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Technical Indicator

home/Knowledge Base/Technical Support/API/Client API's/VTL/VTL Client Scripts/Technical Indicator/William

William

26 views 0 Updated on December 16, 2021 hybrid-solutions

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

  • AverageDirectionalMovementIndex
  • BollingerBands
  • CommodityChannelIndex


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  BollingerBands

AverageDirectionalMovementIndex  

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