Williams % Range overlay mini plot

twingall Updated   
Plots Williams Percent Range over bought/oversold indicator as a small overlay in top right corner.
De-clutter chart when all you're interested in is the real-time W%R to 'give permission' to enter a trade.
i.e. to remove the Williams %R lower pane from the above chart completely.

~~User Inputs~~
~W%R length
~Number of bars to show (default is last 6 bars)
~Plot offset (horizontal position of the plot; can be negative)
~Line color and thickness
~Show/hide plot title

~in line 26, edit the multiplier (3*), to compress/expand the vertical size of the plot
Release Notes:
Added multi-timeframe support: Choose two higher timeframes to plot adjacent to the current timeframe plot
Release Notes:
fixed spacing issue
Release Notes:
option to show HTF or only show single plot (current timeframe)
Release Notes:
cleaned up formatting options to allow for minimalist view
Release Notes:
-Added Filter conditions for Overbought/Oversold: 1 timeframe, 2 timeframes or all 3 timeframes in agreement. Highlight candle bodies and/or background when this occurs.
-Added -80 and -20 reference lines

(note: bgcolor and barcolor are the only options for highlighting, since label, plotchar, plotshape all mess up the scaling of the miniplot)

Demo of Filter condition: triple timeframe agreement Overbought W%R
Release Notes:
-update chart
Release Notes:
-update comments
Release Notes:
-update chart

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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