TSI and Williams Percent Range Indicator with Higher Timeframe Input
Summary
This document describes a version of the TSI_WPR indicator that lets a user choose the chart period it uses through an input parameter. The example setting is a four-hour period, so the indicator can be applied on a chart while drawing from a selected timeframe.
The text gives no explanation of how TSI or Williams Percent Range signals are calculated, interpreted, or combined, and provides no trading examples or performance evidence. It is therefore useful only as a brief note about timeframe configuration and indicator setup. It also says the compiled indicator must be installed in the platform's indicator directory; implementation details and practical limits beyond that are not included.
Key ideas
- The indicator includes an input for selecting its calculation timeframe.
- The example timeframe is four hours.
- The document does not explain the indicator's signal logic or report trading results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.