OPEN-SOURCE SCRIPT
Actualizado %R FreeWilly [FlowForge]
%R FreeWilly [FlowForge]
A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices.
Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree.
What you get:
- Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone
- Green shaded boxes when oversold exhaustion is active potential LONG zone
- Reversal arrows when the exhaustion zone breaks the momentum shift signal
- Fully customizable fast/slow lengths, colors, and thresholds
Best used alongside VWAP Reversion [FlowForge] and ORB Sessions 15m [FlowForge] when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range.
Default settings: Fast 21 / Slow 112
Free and open source. No invite needed
A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices.
Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree.
What you get:
- Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone
- Green shaded boxes when oversold exhaustion is active potential LONG zone
- Reversal arrows when the exhaustion zone breaks the momentum shift signal
- Fully customizable fast/slow lengths, colors, and thresholds
Best used alongside VWAP Reversion [FlowForge] and ORB Sessions 15m [FlowForge] when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range.
Default settings: Fast 21 / Slow 112
Free and open source. No invite needed
Notas de prensa
%R FreeWilly [FlowForge]A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices.
Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree.
What you get:
- Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone
- Green shaded boxes when oversold exhaustion is active potential LONG zone
- Reversal arrows when the exhaustion zone breaks the momentum shift signal
- Fully customizable fast/slow lengths, colors, and thresholds
Best used alongside ORB Sessions 15m [FlowForge] when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range.
Default settings: Fast 14 / Slow 56
Free and open source. No invite needed
Notas de prensa
xNotas de prensa
DeletedNotas de prensa
Grafiek wegScript de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.