OPEN-SOURCE SCRIPT
Will Daily Sentiment
Simple oscillator to show WIlliam Sentiment for the daily timeframe according to the formula:
[14 days avg (close-low) / 14 days avg (high-low)] * 100
Level lines are at 65 and 35 (changeable)
Suggested period is 14 days (changeable)
Seems to get the lows pretty correctly and even anticipate the highs.
[14 days avg (close-low) / 14 days avg (high-low)] * 100
Level lines are at 65 and 35 (changeable)
Suggested period is 14 days (changeable)
Seems to get the lows pretty correctly and even anticipate the highs.
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