Z-score of WPR (Williams %R)RodrigoRT7 wrote: Tue Oct 15, 2024 4:43 am My idea was precisely to compare the difference between Haos (which is based on WPR) WPR itself and RSI.
It ends up being a bit of a Haos Z Score, which for me is excellent.
I just forgot to kindly ask you for something, just to kindly update the AVGS and RMAs.
NOTE: there is no rush at all, as I am already excellent like this.
Thank you very much again, Mr Tools!!
In this version, the WPR is used instead of the RSI and just like the RSI version, the Z-score of the Williams %R (WPR) offers a technique for assessing whether the WPR is in an overbought or oversold state within the context of Bollinger Bands, functioning as an oscillator.
Updated averages added.
For the RSI version, and information on the Z-Score please see here: Z-Score of RSI for MT4. A PDF article on the Z-Score can also be found here.
