Get started

Bill Williams Indicators

FU + SMI Validator (Proper FU, 30m)Overview The FU + SMI Validator is a sophisticated technical analysis indicator designed to detect Proper FU (Fakeouts or Liquidity Sweeps) on the 30-minute timeframe. This tool aims to help traders identify high-probability reversal setups that occur when price briefly breaks key levels (sweeping liquidity), then reverses with momentum confirmation. Fakeouts are common market events where price action “hunts stops” before reversing direction. Correctly identifying these events can offer excellent entry points with defined risk. This indicator combines price action logic with momentum and volatility filters to provide reliable signals. Core Concepts Proper FU (Fakeout) Detection At its core, the script identifies proper fakeouts by checking if the current bar’s price: For bullish fakeouts: dips below the previous bar’s low (sweeping stops) and then closes above the previous bar’s high For bearish fakeouts: spikes above the previous bar’s high and then closes below the previous bar’s low This ensures that the breakout is a true sweep rather than just a one-sided close. Optionally, the script can require one additional confirmation bar after the FU, ensuring that the momentum is sustained and reducing false signals. SMI-style Momentum Validation To improve the quality of signals, the indicator uses a proxy for the Stochastic Momentum Index (SMI) by calculating the difference between current and past linear regression slopes of price. This momentum check helps ensure that fakeouts occur alongside actual directional strength. Key points: Momentum must be increasing in the direction of the FU signal. Momentum filters can be enabled or disabled based on user preference. Squeeze Condition to Avoid Low-Volatility Traps The script includes a volatility filter based on a squeeze-like condition: It compares Bollinger Bands (BB) and Keltner Channels (KC). When BB bands contract inside KC bands, the market is in a squeeze state, signaling low volatility. Fakeouts during squeeze conditions are often unreliable; the script can filter these out to reduce false alarms. Killzone Session Timing Filter Recognizing that liquidity and volatility vary by session, this tool supports optional filtering for: London Killzone: 09:00 to 10:30 (UK time) New York Killzone: 13:00 to 14:30 (UK time) Signals only trigger during these high-activity windows if enabled, helping traders focus on periods with the best liquidity and market participation. Note: For Killzone filtering to work accurately, your TradingView chart must be set to the UK timezone. Features & Benefits Robust FU detection ensures the breakout price action is meaningful, reducing noise. Momentum filter via linear regression slope captures trend strength in a smooth, mathematically sound way. Low-volatility squeeze avoidance helps reduce false signals in choppy or range-bound markets. Killzone timing filter focuses your attention on the most liquid and active market hours. Optional confirmation bar increases signal reliability. Raw FU markers allow visualization of all detected fakeouts for pattern recognition and manual analysis. Alerts built-in for both valid buy and sell FU setups, enabling real-time notification and quicker decision-making. Customization Options Killzone usage: Enable or disable the session timing filter. Sessions: Configure London and New York killzone time ranges. Momentum alignment: Enable or disable momentum filter based on SMI proxy. Volatility filter: Avoid signals during squeeze or low-volatility conditions. FU confirmation: Option to require one additional confirming candle after the initial FU. Squeeze and momentum parameters: Adjust Bollinger Bands length and multiplier, Keltner Channel length and ATR multiplier. Raw FU markers: Show or hide all detected fakeouts regardless of filters. How to Use This Indicator Apply to 30-minute charts for forex pairs, indices, cryptocurrencies, or other instruments. Set your chart timezone to UK time if using Killzone filters. Adjust input parameters based on your preferred sessions and risk tolerance. Look for green “VALID BUY FU” labels below bars for bullish fakeout entries. Look for red “VALID SELL FU” labels above bars for bearish fakeout entries. Use the alert system to receive notifications on setups. Combine with your existing analysis or risk management strategy for entries, stops, and profit targets. Why Use FU + SMI Validator? Fakeouts are some of the most lucrative but tricky setups for many traders. Without proper filters, they can lead to false entries and losses. This script integrates price action, momentum, volatility, and session timing into one package, providing a robust tool to spot high-quality fakeout opportunities and improve trading confidence. Limitations Requires chart to be set to UK timezone for session filters. Designed specifically for 30-minute timeframe — performance on other timeframes may vary. Momentum is a proxy, not a direct SMI calculation. Like all indicators, best used in conjunction with sound risk management and other analysis tools. Potential Enhancements Conversion into a full strategy script for backtesting entries and exits. Addition of other momentum indicators (RSI, MACD) or volume filters. Customizable time zones or auto time zone detection. Multi-timeframe analysis capabilities. Visual dashboard for summary of signal stats.
Pine Script® indicator
by frazerlittle
2
Ultimate Sniper Entry - Pivot PerfectionT2R📌 Description The Ultimate Sniper Entry – Pivot Perfection is a precision trading tool designed to identify high-probability pivot points and generate early buy/sell entries with strong confirmation. By combining pivot detection, volume spikes, momentum filters (RSI), candle patterns, and EMA trend alignment, this system helps traders capture market reversals and trend continuation setups with improved accuracy. It offers: Smart Pivot Detection with adjustable sensitivity. Multi-layer Confirmation: volume, momentum, candle structure, and EMA trend filter. Non-Repainting Signals: arrows plotted only after pivot confirmation. Visual Aids: buy/sell arrows, optional pivot markers, background trend shading. Alerts: instant notifications for sniper buy/sell entries. Info Panel: quick reference guide directly on chart. Ideal for traders who want structured, rules-based entries while avoiding false signals, the Ultimate Sniper Entry system adapts to multiple markets and timeframes.
Pine Script® indicator
by bhbrfawu
EchoSignalsمؤشّر بسيط يعطي إشارات شراء وبيع مباشرة على الشارت باستخدام الهيكل السعري والشموع، مع تنبيهات جاهزة وبدون تعقيد. لمن يرغب في دعم العمل (التبرع اختياري): معرّفي في باينانس 451681666 A simple indicator that shows clear Buy/Sell signals on the chart based on market structure and candles, with ready-to-use alerts and no extra complexity. If you’d like to support this work (optional donation): My Binance ID 451681666
Pine Script® indicator
by mohammed-hamad
buy and sell v1.2 **Buy & Sell v1.2** مؤشّر يعطي إشارات شراء وبيع مباشرة على الشارت اعتمادًا على هيكل الحركة والشموع، مع ظهور العلامات على الرسم وتنبيهات جاهزة—بدون تعقيد أو إعدادات كثيرة. *(هذا ليس نصيحة استثمارية)* **Buy & Sell v1.2** Simple indicator that prints clear Buy/Sell signals on the chart using market structure and candle behavior, with on-chart markers and ready-to-use alerts—no extra complexity. *(Not financial advice)*
Pine Script® indicator
by mohammed-hamad
KA_anualKA_anual — Annual Open % Levels KA_anual plots the current year’s opening price and fixed percentage bands every 10% up to ±130%. The levels update automatically at the first bar of each new year. Lines are tied to the price scale and shown only for the current year, so they move with your chart without cluttering past history. Use them to gauge momentum, potential support/resistance, and stretch zones at a glance. Works on any symbol and timeframe; no inputs required.
Pine Script® indicator
by kevinagustin
Profit booking Indicatorell signal when RSI < 40, MACD crosses zero or signal line downward in negative zone, close below 50 EMA, candle bearish. Strong sell signal confirmed on 5-minute higher timeframe with same conditions. Square off half/full signals as defined. Target lines drawn bold based on previous swing lows and extended as described. Blue candle color when RSI below 30. One sell and one full square off per cycle, blocking repeated sells until full square off.
Pine Script® indicator
by AkshayShah99
1
BossBAWANG · Main Chart v0.1 is a trend-following multi-factor indicator that combines price deviation from a midline, ATR channels, and bull-bear lines to define market bias. On the main chart, it plots the midline, ATR trend channels, Bollinger Bands, and bull-bear lines. Candles are dynamically colored, and when multiple conditions align, the script highlights Strong Long or Strong Short confluence signals. Built-in alerts allow users to receive notifications instantly. Features • Trend midline (EMA60) and ATR channels for short-term support/resistance • Bull-bear lines (EMA200 ± ATR) to capture long-term bias • Candle coloring with confluence detection (Strong Long / Strong Short) • Data Window outputs: midline, trend lines, bull-bear lines, filters, and strength score • Built-in alert conditions for trading signals Recommended Timeframes: 4H / 1D (works on others as well) Markets: Crypto, FX, commodities, indices ⚠️ Disclaimer: This indicator is for educational and technical analysis purposes only. It does not constitute financial advice. Past performance does not guarantee future results.
Pine Script® indicator
by xufei