Do you know how to calculate "Willtrend"?

[xenosaga]

Hello.
I wrote code of "Willtrend" in the textbook, but I deleated it by mistake
"Willtrend" is Larry Williams's indicator.
I remember somehow that it was resembled Volatility Stop...

Do you know how to calculate?
If you know, please tell me.

Thank you.

 

[Shax]

The WillTrend indicator is described here, and it resembles a SuperTrend:

https://support.stockcharts.com/doku.php?id=acp:plugins:lwstarter



so the formula could be this:

-----------------------------------------------------------------------------------------

{WillTrend by Larry Williams}


Inputs:
Period(66),
ATRMultiplication(2.236),
MidPriceVar(10);

Variables:
upperBand(0), lowerBand(0), atr(0), trail(0),
midPrice1(0), midPrice2(0), midPrice(0);

atr = AvgTrueRange(Period) * ATRMultiplication;


midPrice1=Lowest(low,MidPriceVar);
midPrice2= Highest(high,MidPriceVar);
midPrice= (midPrice1 + midPrice2)/2;

lowerBand= midPrice + atr;
upperBand= midPrice - atr;


trail = IFF(Close > trail[1] and Close[1] > trail[1], MaxList(trail[1], upperBand),
IFF(Close < trail[1] and Close[1] < trail[1], MinList(trail[1], lowerBand),
IFF(Close > trail[1], upperBand, lowerBand)));


Plot1(trail);

if (Close > trail) then
SetPlotColor(1, green)
else
SetPlotColor(1, red);

----------------------------------------------------------------------------------------------

 

[maxinger]

The WillTrend indicator is described here, and it resembles a SuperTrend:

https://support.stockcharts.com/doku.php?id=acp:plugins:lwstarter



so the formula could be this:

-----------------------------------------------------------------------------------------

{WillTrend by Larry Williams}


Inputs:
Period(66),
ATRMultiplication(2.236),
MidPriceVar(10);

Variables:
upperBand(0), lowerBand(0), atr(0), trail(0),
midPrice1(0), midPrice2(0), midPrice(0);

atr = AvgTrueRange(Period) * ATRMultiplication;


midPrice1=Lowest(low,MidPriceVar);
midPrice2= Highest(high,MidPriceVar);
midPrice= (midPrice1 + midPrice2)/2;

lowerBand= midPrice + atr;
upperBand= midPrice - atr;


trail = IFF(Close > trail[1] and Close[1] > trail[1], MaxList(trail[1], upperBand),
IFF(Close < trail[1] and Close[1] < trail[1], MinList(trail[1], lowerBand),
IFF(Close > trail[1], upperBand, lowerBand)));


Plot1(trail);

if (Close > trail) then
SetPlotColor(1, green)
else
SetPlotColor(1, red);

----------------------------------------------------------------------------------------------

fantastic!

No one was interested in Willtrend.

And you responded to the OP 13 years later.

 

[murray t turtle]

Hello.
I wrote code of "Willtrend" in the textbook, but I deleated it by mistake
"Willtrend" is Larry Williams's indicator.
I remember somehow that it was resembled Volatility Stop...

Do you know how to calculate?
If you know, please tell me.

Thank you.

%%
Williams % is like fast Sto..............................;
nothing like a good 10 year trend pattern

 

[Concinnity]

fantastic!

No one was interested in Willtrend.

And you responded to the OP 13 years later.

He's just a believer in better late, than never.