Displaying Williams Percent Range on a Selected Timeframe

Summary

This brief note describes a version of the Williams Percent Range indicator with a configurable chart period. The user selects the timeframe in the indicator inputs, with a four-hour period shown as the default, allowing WPR values to be viewed using data from a timeframe that may differ from the active chart.

The document is a software description rather than a trading method. It does not explain how to interpret WPR levels, specify entry or exit rules, or provide examples, backtests, or performance evidence. It also notes that the underlying WPR indicator file is required for the timeframe-enabled version to work. Traders would need to define and test their own signal logic before treating the display as a strategy.

Key ideas

• The indicator displays Williams Percent Range calculated on a selectable timeframe.
• The example input uses a four-hour timeframe by default.
• The note provides no threshold rules, trading signals, or performance evidence.
• The indicator depends on an underlying WPR file.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.