OPEN-SOURCE SCRIPT

Williams Fractals BUY/SELL signals indicator

This indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index. You can easily find entry points by using Long (L), Short (S) signals.

This is a 15min scalping strategy for BTC:USDT Perpetual pair. For use different pairs or TFs you may need to change settings.

How to use
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When flashing Long (L) or Short (S) signal you should wait until the candle closing for the confirmation.

After that candle closed with the signal, you can enter a trade in next candle opening.

Your SL should be 3.1% from etnry and TP should be 0.5% from entry for best results. (You can use Long Position / Short Position tool in Prediction and Measurement Tools in drawing pannel to calculate this. This settings only for BTC:USDT Perp 15 min TF. For other TFs or Pairs settings may vary. You can easily change these settings and backtest your own.)

After entering a trade you can be ignored next signals until close the trade.


To learn more about this strategy, please try the "Williams Fractals Strategy" I coded. Thank you!
Exponential Moving Average (EMA)Relative Strength Index (RSI)Williams Fractal

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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