Larry Williams Percent Range on Chart

This is an unusual (visual) representation of the famous WPR indicator. Instead of a separate subwindow, it is displayed in the main chart as a channel and levels. In addition, this indicator features a possibility of smoothing its values using a moving average.

Parameters

• PeriodWPR - calculation period of the percent price channel
• LevelUp - the value of the upper level in percentage (negative)
• LevelDn - the value of the lower level in percentage (negative)
• Center - the value of the central level in percentage (negative)
• PeriodMA - smoothing period of the price channel values
• MethodMA - smoothing method of the price channel values
• SmoothCenter - sign of enabling smoothing of the central line of the price channel