The sole purpose of this script is to demonstrate what's possible to make with Pinescript, namely to display images (2D Fractals in this case). The script consists of two functions: one that generates the values of a fractal and one that displays them (utilising table) with each cell being used as a "pixel". We can control the "resolution" of image, as well as...
Which trader does not know pivots? There are a lot of varieties of pivots indicators of which some are a default on most trading platforms. So what better way to challenge yourself then to create your own kind of pivots. Let's welcome the idea of Fractal Pivots. Williams Fractal or fractals is a technical analysis indicator introduced by the famous trader Bill...
Alright, let's talk about how to use this fancy indicator. But first, let me warn you, using indicators is like driving a car, you can't just press the gas pedal and hope for the best. You need to know what you're doing, or else you'll crash and burn faster than a soufflé in a microwave. Now, let's get started. The first thing you need to do is understand what...
-Tool to measure price legs in terms of both time and price; gives an idea of frequency of market movements and their typical extent and duration. -Written for backtesting: seeing times of day where setups are most likely to unfold dynamically; getting an idea of typical and minimum sizes of small/large legs. -Two sets of editable lookback numbers to measure both...
I've read around here various definitions for engulfs along the lines of "an engulf consumes all orders at a level to allow price to easily pass through it." . That doesn't make much sense to me, if the guys with billions of dollars want to break a level, they will break it and price will run off very often. We've seen it time and time again, they don't need to...
Basically: F - Fibonacci levels F - fractals: retracement of retracement A - absolute: based on two fixed points instead user chosen Fibonacci points A - auto: automatically draws based on volatility Explanation: This script will automatically trace TWO Fibonacci levels from these points: - ALL TIME HIGH (ATH) and ALL TIME LOW ( ATL ) prices This is our first...
This indicator (Ostinated Adjustable Fractal with Alert) is like the traditional William Fractals. However, it created to overcome two disadvantages of the William Fractals: 1. Set minimum value to 1. This a big advantage over traditional William Fractal that has a minimum value of 2. 2. Alerts: setting alert with the traditional William Fractal is very...
williams fractail + smoothed moving average. moving average. williams fractails with moving average , williams fractails + MA, smma
williams fractail + moving average. Is for educational . combined indicator of williams fractails and smmothed moving average
This script will remind you of a potential swing failure pattern (which is a grab for liquidity to go the other direction). You can't use this script on its own, hence the eyes to look for confluences ;-) Eyes will appear when the current high/low takes out the high/low of the last (by default) 100 highs/lows and will close below/above that last high/low. Extra...
The ICT Killzone and important times indicator. It highlights: London Killzone New York Killzone New York Lunch Hour New York Day End Hour Asian Range Judas Swing Time In addition to this, it highlights the US and UK holidays with a background color and a label, so that you don't miss any bank holiday and you are sitting in front of your charts and are...
The ICT Killzone and important times indicator. It highlights: London Killzone New York Killzone New York Lunch Hour New York Day End Rallye Asian Range Judas Swing Time In addition to this, it highlights the US and UK holidays with a background color and a label, so that you don't miss any bank holiday and you are sitting in front of your...
Fractal-Dimension-Index-Adaptive Trend Cipher Candles is a candle coloring indicator that shows both trend and trend exhaustion using Fractal Dimension Index Adaptivity. To do this, we first calculate the dynamic period outputs from the FDI algorithm and then we injection those period inputs into a correlation function that correlates price input price to the...
FDI-Adaptive Supertrend w/ Floating Levels is a Fractal Dimension Index adaptive Supertrend indicator. This allows Supertrend to better adaptive to volatility of the market. This also includes floating levels that act as support and resistance, stop loss or take profit, or indication of market reversal. Additional signal types will be added in the future based...
Fractal Dimension Index Adaptive Period is the adaptive period out of Fractal Dimension Index Adaptivity. This isn't an indicator that shows a signal, instead, it's to be used as auxiliary support and an educational tool to create other indicators. This value can be injected into other indicators to make those indicators Fractal Dimension Index Adaptive. What...
Fractal-Dimension-Adaptive SMA (FDASMA) w/ DSL is a fractal-dimension-index-adaptive SMA. The SMA is accelerated during a trend and slowed down during a sideways market, so as to avoid false signals. This indicator uses the fractal dimension to compute an ingest period length into the SMA to output the FDASMA. What is the Fractal Dimension Index? The goal of...
Fractals + Alligator + Divergent Bars + Squat Bars Williams Indicators All combined in one