hi all,
how can we apply an indicator to moving average line instead of price bars ? for example, i want to apply William % R indicator on a 5 period moving average instead of historical prices .
in brief, i want to first take 5 period SMA of a stock price , and then apply 5 period William % R indicator on this SMA , as William % R plots on stock prices.
kindly advise if its doable in motive way .
how can we apply an indicator to moving average line instead of price bars ? for example, i want to apply William % R indicator on a 5 period moving average instead of historical prices .
in brief, i want to first take 5 period SMA of a stock price , and then apply 5 period William % R indicator on this SMA , as William % R plots on stock prices.
kindly advise if its doable in motive way .