Upside Down Williams %R

[sprtrader]

Hello all,

I have a question about your Williams %R indicator.

It seems that the %R indicator is displayed "Upside Down."

That is, the 0 area (overbought) is on top, while the -100 area (oversold) is on the bottom.

In most other charting platforms, the display is reversed, with the 100 area being on top, and the 0 area on the bottom.

I was just wondering if there was a way to reprogram the indicator, so that the display is reversed, with 100 on top and 0 on the bottom.

Your help would be greatly appreciated.

Thank you very much for your time and attention.

[ACM]

sprtrader
In my understanding the formula for Williams PercentR should return only negative values between 0 and -100 hence 0 should be on top and -100 at the bottom. Following is the equation for PercentR taken from Steve Achelis' Technical Analysis from A to Z and an image showing how the indicator displays [for example] in Metastock





Anyhow given that the formula for PercentR is identical (albeit reversed) to the Stochastic %K if you want to display the PercentR with 100 at the top and 0 at the bottom use the Stochastic study with Smooth%K and %D set to 1. The following chart contains both the PercentR and Stochastic studies and as you can see other than for the inverted scale the plots are identical
Alex