Williams %R (v.4)This is an upgrade and an update of my Williams %R indicator modification.
As before this implementation is enhanced with CCI in the form of background colors. These colors can be used as a confirmation signal and indication of a current trend. Thee also can be employed in deciding when to enter/exit the market.
Besides, added is a scaling function and Lower/Upper Bound inputs.
Indicadores de Bill Williams
Fractals + Alligator + Divergent Bars + Squat BarsFractals + Alligator + Divergent Bars + Squat Bars Williams Indicators
All combined in one
scalping with market facilitationThis strategy is for scalping low timeframes for 10 pips. I have yet to see a strategy with this unique combo of indicators.
First we have volume indicator market facilitation, where we are looking for volume and mfi to be up, then we want the adx 5 to be above level 30 and above its ema period 3, then if these conditions are good we take shorts when ema 8 is below ema 100 and longs when ema8 is above ema 100 with parabolic sar in its propet place, also to verify trend we have obv over or under its ema of 55 and macd line over its signal line.
I have heikenashi bars on with the regular priceline showing so j see actual price levels, when i get a buy signal i set a buystop above the high of that bar and have a stoploss of 7.5 pips and a take profit of 10 pips, reverse for sells, i have to use metatrader to trade so i use this as my signals to trade.
Note this is not advice trade at your own risk no guarantees in anything in life, but i wanted to share this for it is helping me with my trades to be more strict and semi mechanical. I use it for forex time frames 1 3 5 15 mjn
Swing PointsEnglish:
The indicator shows the fractals where stop-losses may be located and can be used to trade from their taking.
You can adjust the length of the fractal (the number of bars with which it is surrounded on both sides, to confirm the validity).
You can also display lines from fractal points for clarity.
To keep the chart clean, you can enable deletion of already taken fractals.
Example of use with deleted fractals and without lines:
Русский:
Индикатор показывает фракталы где могут находиться стоп-лоссы и его можно использовать для торговли от их снятия.
Можно настраивать длину фрактала (количество баров, которыми он окружен с обеих сторон, для подтверждения валидности).
Так же можно выводить линии от фрактальных точек для наглядности.
Для сохранения чистоты графика можно включить удаление уже снятых фракталов.
Пример использования с удалением снятых фракталов и без линий:
Ayvebotemİki kanal arasında çalışan içinde süper trend,parabolic sar ve bollinger bantları bulunan combo bir indikatör.
PDFMA Awesome Oscillator [Loxx]Theory:
Bill Williams's Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the 5-period simple moving average, built across the bars midpoints (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment.
This version uses PdfMA (Probability Density Function weighted Moving Average) instead of SMA (Simple Moving Average). This is a deviation from the original AO since in the AO since there is no parameter that you can change, but with this version, you can change the variance part of the PdfMA calculation. That way you can get different values for the AO even without changing periods of calculation (the general rule of thumb is: the greater the variance, the smoother the result)
Usage:
You can use color changes (mainly on zero cross) for trend change signals
Williams Divergent Bar (First Wise Man)Based on Bill Williams' First Wise Man. Bull candles are marked with purple and Bear candles with blue.
Requirements:
- Candle height must be greater than ATR (filter out tiny Doji candles)
- Open and Close must be beyond the HL2 (midpoint) for either Bull or Bear scenarios
- Candle HL2 must be more than 1x ATR from the Alligator Jaw (13-period SMMA, pushed forward 8 periods). The dark blue line in my example.
- ATR is calculated using a 13-period RMA of the true range
A_HMS_RSI_COMPOSITMy majic Macd Indicator with Ema base macd is My great Indicator that combine four ema base macd lines with its signal lines that show price gravity by best way , and one spatial chart that is the best part of this magic indicator that help you to trading without any problem
for better use note that:
green fill line is ema 66 and ema 199 macd and signal its name is macd very slow signal line
blue fill line is ema 19 and ema 66 macd and signal its name is macd normal signal line
red fill line is ema 9 and ema 19 macd and signal its name is macd very fast signal line
black line is ema 4 and ema 14 macd its name is macd main signal line
in all of this lines we can define divergence
when this lines crossing over and under from together each of this crossings give me some signals and because this signals very much we cant describe thats in some lines
but note that we in fact trade just by black line but short and long position determine by position of black line instead of other lines and positions of other lines from each ones
purple line is rsi line
red line is composite line
blue line is rmi line
red and Blue below line is Slow Stochastic lines
blue and orange line is Stochastic ema with ema12 - ema21
and third chart is a secret indicator that help more to determine best place to start trading
A_HMS_RSI is My great Indicator that RSI , RMI and , momentum of price movement by a histogram , that help you to trading without any problem
for better use note that:
blue line is rsi line with hl2 source and 14 length
low color line is rmi line with momentum 33
rmi of price with momentum 33 is a very good signal for long positions.
momentum histogram help us to define strong of price motion in each time
some futures is hidden by default:
composite red and green signal line
rmi of price with momentum 4
ema 13, 33 of rmi as signal line and rsi and composit
finaly u can change any colors from setting
in background we determine some filled zones for better use of Indicator
when composite line run away from histogram momentum increase rapidly
when composite and rsi line is in same way its time to get position .
rmi of price with momentum 20 is a very good signal for long positions.
some futures is hidden by default:
composite red and green signal line
rmi of price with momentum 20
ema 13, 33 of rmi as signal line
finaly u can change any colors from setting
and you can get stoch signals too
in background we determine some filled zones for better use of Indicator
Phase Accumulation, Smoothed Williams %R Histogram [Loxx]Phase Accumulation, Smoothed Williams %R Histogram is a Williams %R indicator using dynamic inputs from Ehlers Phase Accumulation Dominant Cycle Period Algorithm. This indicator includes alerts and signals and is in a smoothed histogram form. The version of Phase Accumulation in this indicator is a modified form of of Ehlers algorithm to allow for better smoothing and cycle length selection.
What is Williams %R?
Williams %R , also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and is used in the same way. It was developed by Larry Williams and it compares a stock’s closing price to the high-low range over a specific period, typically 14 days or periods.
What is Phase Accumulation?
The phase accumulation method of computing the dominant cycle is perhaps the easiest to comprehend. In this technique, we measure the phase at each sample by taking the arctangent of the ratio of the quadrature component to the in-phase component. A delta phase is generated by taking the difference of the phase between successive samples. At each sample we can then look backwards, adding up the delta phases.When the sum of the delta phases reaches 360 degrees, we must have passed through one full cycle, on average.The process is repeated for each new sample.
The phase accumulation method of cycle measurement always uses one full cycle’s worth of historical data.This is both an advantage and a disadvantage.The advantage is the lag in obtaining the answer scales directly with the cycle period.That is, the measurement of a short cycle period has less lag than the measurement of a longer cycle period. However, the number of samples used in making the measurement means the averaging period is variable with cycle period. longer averaging reduces the noise level compared to the signal.Therefore, shorter cycle periods necessarily have a higher out- put signal-to-noise ratio.
Included:
-Toggle on/off bar coloring
-Toggle on/off signals
-Alerts long/short
-Loxx's Expanded Source Types Library
Chande Kroll Stop今天和大家分享Chande Kroll Stop 回测， 信号采用了上限线和下限线共通反向趋势而决定买卖信号，如果有新的构思能提高买卖信号欢迎在留言区发表你的建议，祝你交易开心！
Intermediate Williams %R w/ Discontinued Signal Lines [Loxx]Intermediate Williams %R w/ Discontinued Signal Lines is a Williams %R indicator with advanced options:
-Williams %R smoothing, 30+ smoothing algos found here:
-Williams %R signal, 30+ smoothing algos found here:
-DSL lines with smoothing or fixed overbought/oversold boundaries, smoothing algos are EMA and FEMA
-33 Expanded Source Type inputs including Heiken-Ashi and Heiken-Ashi Better, found here:
What is Williams %R?
Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and is used in the same way. It was developed by Larry Williams and it compares a stock’s closing price to the high-low range over a specific period, typically 14 days or periods.
Included:
-Toggle on/off bar coloring
-Toggle on/off signal line
LutrewMTF// ————— Plots
var cMarkerUp = color.new(color.lime, 0)
var cMarkerDn = color.new(color.red, 0)
plotshape(A1U, "Marker 1 Up", shape.triangleup, location.belowbar, cMarkerUp, size = size.tiny, text = "1")
plotshape(A2D, "Marker 2 Dn", shape.triangledown, location.abovebar, cMarkerDn, size = size.tiny, text = "2")
plotshape(A3U, "Marker 3 Up", shape.triangleup, location.belowbar, cMarkerUp, size = size.tiny, text = " 3")
plotshape(A4D, "Marker 4 Dn", shape.triangledown, location.abovebar, cMarkerDn, size = size.tiny, text = "4 ")
plotshape(A5U, "Marker 5 Up", shape.triangleup, location.belowbar, cMarkerUp, size = size.tiny, text = " 5")
plotshape(A6D, "Marker 6 Dn", shape.triangledown, location.abovebar, cMarkerDn, size = size.tiny, text = "6 ")
plotshape(A7U, "Marker 7 Up", shape.triangleup, location.belowbar, cMarkerUp, size = size.tiny, text = " 7")
plotshape(A8D, "Marker 8 Dn", shape.triangledown, location.abovebar, cMarkerDn, size = size.tiny, text = "8 ")
// ————— Alert
alertcondition( A1U or A2D or A3U or A4D or A5U or A6D or A7U or A8D, "Pivots MTF: Configured Markers", "Pivots MTF Alert")
// }
VWAP OscilatorVWAP Oscillator - Awesome Oscillator but using different period Volume Weighted Average Price values instead of moving averages. Used to get an idea of the momentum of price movements and when momentum might be reversing.
Awesome Oscillator PlusThe Awesome Oscillator is an indicator used to measure market momentum. AO calculates the difference of a 34 Period and 5 Period Simple Moving Averages. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. AO is generally used to affirm trends or to anticipate possible reversals.
The Awesome Oscillator's saucer is a trading signal that many analysts use to identify potential rapid changes in momentum. The saucer strategy involves looking for changes in three consecutive bars that are on the same side of the zero line.
AO's saucers can be either bullish or bearish. A bullish saucer can be identified when the awesome oscillator is above the zero line and there are two consecutive red bars – with the second bar being lower than the first – which are followed by a green bar.
On the other hand, a bearish saucer can be identified by two consecutive green bars below the zero line – with the second bar being lower than the first – which are immediately followed by a red bar.
Bullish saucer = Background and green arrow
Bearish saucer = Background and red arrow
Alerts can be triggered when a bullish or bearish saucer occurs.
Blue dots mean that the maximum or minimum of 150 periods has been exceeded (you can change the number of periods). Also added a signal line which can be exchanged for different moving averages.
The MACD line and histogram have a setting of Fast MA = 13, Slow MA = 21 and Signal = 8.
Added light blue dots as bullish signals (MACD line below zero and line crossing) and pink dots as bearish signals (MACD line above zero and line crossing). Alerts can be activated to notify such signals.
Smaller Fractals (+ Transparency)Smaller Fractals (+ Transparency)
I find that fractals are super useful, but can visually clutter up the chart pretty quickly. Their opaqueness and just overall bigness can become a bit much.
As such, these are just like regular fractals, only smaller (pine script's`size.tiny` instead of the default `size.small`).
Also, you can set a transparency level to these little guys (default is 50%).
Simple, more polite, and hopefully more useful fractals for those wnting a cleaner looking chart. 😁
Williams Fractals - LH/HLSame of original Williams Fractals, but with the following changes
- changed arrow directions
- added option to show Lower Highs and Higher Lows
- added alerts for Lower High and Higher Low
Enjoy~~
Cycle strategy DEMO V1.0READ BEFORE USING:
This indicator includes the Cycle strategy and 2 bonus indicators ( pivot strategy & volume strategy). This is a DEMO version that doesn't show the signals after end of January 2022. This indicator only allows you the backtest/study previous results and give a general idea on the workings on the indicator.
Introduction
Cycle strategy works on the following timeframes, 1HR, 4HR, 12HR and 1D. Cycle strategy is mostly used by me on the 1D timeframe, however, if you prefer shorter timeframes you can select those. Indicator settings will automatically adjust based off the timeframe on your chart. I use this indicator mainly for BTC , however, altcoins such as ETH, LTC, DOGE, ADA, ETC, SOL and more have shown reasonable results in the past.
The theory behind cycle strategy
The cycle strategy is based off the theory that Bitcoin moves in cycles, each time followed by periods of sideways action. This strategy tries to breakout trade momentum out of a sideways range by calculating things such as momentum, volatility and average price. The indicators, based off calculations, tries to spot breakout trends. When a trend break up it gives a "long" signal on the chart and when the trend breaks down it gives a "short" signal.
Sometimes the price doesn't break out, this is called a fakeout. The bot will automatically reverse its previous signal and take a small loss.
Applications of it in my trading setup
I apply the wave strategy in my own trading enviroment as a tool to determine buy/sell moments and general trend.
Whenever Bitcoin reaches extreme overbought level I'll wait for the indicator to give me a "sell" signal in order to hedge myself against possible corrections. In the past I've seen many bearmarkets before, I tended to not have any fiat on the side to buy these dips. The indicator has be allowed in the past to almost perfectly sell the top multiple times allowing me to accumulate BTC on lower levels and therefor increase my BTC position. I also use this indicator to spot the current Bitcoin trend. If the indicator shows a "long" signal I'll generally be looking to long on dips and whenever there is a "sell" signal I tend to look for shorts.
Bonus indicators
There are 2 bonus indicators included in this strategy. These are "bonus" indicators as I haven't had a long enough time to backtest them. They are based off my own strategies that I apply when trading. The bonus indicators have been highly succesful in the past though they are a bit more experimental.
Bonus indicator 1: Pivot strategy
Pivot points is a powerful indicator that Bitcoin tends to be very reactive to. The pivot strategy tries to determine if Bitcoin is in a bulltrend/beartrend. If Bitcoin is inside a bulltrend it will look to buy on pivot points . If the price is in a beartend it'll be looking to sell on pivot points .
Pivot strategy only works on 1HR timeframe, optimized on BYBIT:BTCUSD
Bonus indicator 2: Volume strategy
Volume strategy tries to look for large spikes of volume , once price breaks under this volume spike it'll try to buy/sell. The theory is that large volume spikes are traders getting stopped out on their leverage positions. By buying under these spikes it tries to counter trade these small price sqeeuzes.
Volume strategy only works on 1HR timeframe, only works on BYBIT:USD
Liquidity Raid - Stop HuntLiquidity Raid - Stop Hunt
The market always seeks liquidity. Liquidity rests above previous highs and below previous lows as many traders see these as obvious points to place their stops. These are areas in the chart where many orders are placed together and serve as tipping points for market makers.
The script marks the breach of a market structure high/low with a vertical line. The script has the option to show the current W,D,4H & 1H market structure high and low.
How to use:
Once a raid occurs, use a higher timeframe to search for high probability supply and demand zones. Price needs to react to something. You may have multiple breaches before a reversal happens as price is likely looking for fresh(untested) zones. So don't trade blindly.
A good understanding of supply and demand concepts, odds enhancers, and how to identify fresh levels is expected to utilise it's full potential.
Lines and colours are all customizable
Alerts function included.
Indicator in use:
Fractal Level Zones - Break / Test / RaidFractal Level Zones - Break / Test / Raid
An experimental script that marks out the last two unbroken fractal high and low zones. The aim of the script is to focus on the type of candles that form and close in a zone. They can either tap into the zone or break them.
There are a number of outcomes:
- Break
- Break and retest
- Reversal
- Raid
When a zone is broken, the next untested fractal zone is printed.
How to use:
The indicator is to be used on higher time frames (M,W,D/4H). Monitor the type of candles that in form a zone (Daily TF recommended)
Default icon colours
Orange - Test of Zone
Purple - Break of fractal (can also be a raid)
Alert function included
Indicator in Use
CHOCH - MSB for Supply and DemandChange of Character (CHOCH) - Market Structure Break (MSB) for Supply & Demand
Description
The script is designed as a confirmation entry tool to be used with supply and demand zones (predefined proximal and distal levels).
When price hits a predefined level it will monitor price action using fractals and an algorithm to determine a potential reversal in trend or change of trend direction.
Once this has been identified you will be alerted in order to anticipate a retracement entry. A good understanding of supply and demand concepts, odds enhancers, and how to identify fresh levels is expected to utilise it's full potential.
Indicator in use
How To Use
Apply one indicator on a higher timeframe, and another on a lower timeframe. In settings, select long for a demand zone and short for a supply zone. Use the higher timeframe to plot major supply and demand zones and a lower timeframe of your choice for the alert. You can refine your levels by manually entering the price levels in settings. The alert is set on the timeframe you set it on.
Manual Selection
Check "override custom levels" and manually enter the price levels of your proximal and distal lines. Input the time and date of your pivot point (candle). Manual selection is recommended as you can refine your zones.
Automatic Selection
Drag and drop the pivot on the candle of choice . The pivot point will mark the zone using the candle's high and low (default setting). Source for top and bottom levels can be changed in settings.
Start Control after X Bar
This defines how many bars is required (from your pivot point) before it sets to anticipate a breach.
Combo 2/20 EMA & Bill Williams Averages. 3Lines This is combo strategies for get a cumulative signal.
First strategy
This indicator plots 2/20 exponential moving average. For the Mov
Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
Second strategy
This indicator calculates 3 Moving Averages for default values of
13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2).
The most popular method of interpreting a moving average is to compare
the relationship between a moving average of the security's price with
the security's price itself (or between several moving averages).
WARNING:
- For purpose educate only
- This script to change bars colors.
Power Peaks & Valleys (Williams Fractals)This indicator uses Williams Fractals (standard indicator on TradingView) as a base to identify Peaks and Valleys (Pivot Points) that usually act as Resistance and Support levels. What this indicator brings is powerful options to filter those Fractals out based on:
Candle Type : calculated based on candle Open and Close (All / Bullish / Bearish)
Minimum Candle Size : calculated based on a lookback of past range of candles and measuring their sizes (None / Average of Candles Range / Max of Candles Range)
With these features, you can decide whether you want all Fractals or specific ones that could be considered major due to their candle type and size where the Fractal appears. Usually, drawing a horizontal level for the inner side of the candle (the High of the Bearish candle Fractal or the Low of the Bullish candle Fractal could see nice reactions for entries.
All features are configurable from the indicator's settings.
Please leave a comment for improvements or suggestions. Alerts and more Candle Types or Minimum Candle Size might be added in the future, as well as the ability to auto draw the levels as soon as they appear or removing them if they get invalidated.
