Hi! WPR is the Williams percentage range indicator in my design. The main idea is that the intersection of the indicator and the moving average in the overbought and oversold zones + color highlighting gives more clear visual signals for making trading decisions based on this indicator.
The Zone is mention in New Trading Dimensions by Bill Williams,PhD. The Zone is used for Entry Signal Green Zone are painting Green when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both increasing. Red Zone are painting Red when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both decreasing. Gray Zone are painting Gray when AO and...
Plot lines using last two William's fractals to find trends, it supports different resolutions and alerts
I am playing William's Fractals and got an idea to calculate each fractal's strength by these rules: - downFractal. FractalROC = (close - lowest(n+1))/(open【2*n】-lowest(n+1)) - upFractal FractalROC = (highest(n+1)-close)/(highest(n+1)-open【2*n】) And set up a level to filter small fractals. Bigger FractalROC, Stronger trend
William %R Scalper with Tortle WPR is small update from WPR Scalper tool. It is used with small time frame : 5 , 3 or 1 minute. it uses tree different William %R indicators : one for fast move with 9 period WPR9 and one slow with 54 period WPR54 pLus tortle WPR 255. You can find buy zone when WPR255< -90 WPR9 < -90 and WPR54 < -80 and sell zone when WPR 255 >...
Hey Fam, Welcome to the AOA. It's my Awesome Oscillator I use every day in conjunction with Renko. Very powerful for spotting divergences and provides great confluence for level to level traders. Can also be used on a candle chart for trend confirmation. Also includes the labels for divergences, toggleable inside the settings box when applied to your chart....
Compare relative strength between two lines of Williams %R Default daily length1=21, length2=42 Long When 2 lines Crossed above -80 or -50 together Short When 2 lines Crossed below -20 or -50 together Notes: I am not good at short yet. Only Show long samples here.
Hello , i Combined 3 Indicators to generate buy /sell signal 1) Super Trend 2) Simple Moving Average 3) Williams Fractal Indicator. I thank Trading View to keep all these indicators source code open so i was able to combine and customized as per requirement. In settings one may change use different period of super trend as well Sma This works best on 10 min...
What is it ? It is a strategy based on Type 2 from AJ Jim Class. It used a volume indicator at the same time as William Alligator given a magnificent result. With a bit of knowledge in his class for hedging, it will make your trade perfect. Must use with 3 indicators 1) ToTitans - TVI , 2) ToTitans - Buy/Sell HHV and 3) ToTitans - Williams Alligator with Life...
Hi All, This is Greed and Fear Score script. The uses of this indicator is to let users know what is the state for each bar closed. Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful. Greed & Fear Score (range from 1 - 5) has taken multiple measurements into consideration such as CCI,...
Indicator plots a dynamic horizontal line for tracking the highest high and/or lowest low in your desired time-period. You can select both the period, and whether an alert is produced when the price crosses the last highest high or lowest low. When used when other Williams indicators, this can help you set your trailing stop for profit-taking.
OS Alligator includes Bill and Justine Williams´ indicators explained both in their "New Trading Dimensions" and "Trading Chaos: Second Edition" books. This script replicates the visual alerts shown on their graphs. OS Alligator includes: - Fractals (with labels for easy reading) - Divergent Bars (signaled by top and bottom triangles) - Zone bar colors (the bar...
DESCRIPTION: This is a more advanced version of the classic Williams Fractal algo, using a looped barindex iterator to examine highs/lows. You may choose ideal or regular fractals, along with the amount of bars (periods) used to calculate; the minimum being 3. Oddnums only. Ideal fractals = fractals with each bar needing to be lower/higher than the preceding...
An Indicator based on the William Alligator, helping to find suitable entry and exit points.
Buy when above 200 EMA, 50 RSI and right after a bearish engulfing candle. SL is engulfing candle low and take profit is 2x the risk.
This Indicator is made by combination of indicators as follows 1) Super Trend - Period 15,2.5 Signal Filtered on the closing basis of SMA High 20 for strength 2) Simple Moving Average - period 50 In which Purple indicates Uptrend Orange Indicates down trend 3) Bill William's Fractal - This indicator indicates important candle for formation of swing of High...
First of all the biggest thanks to @tista and @KivancOzbilgic for publishing their open source public indicators Bayesian BBSMA + nQQE Oscillator. And a mighty round of applause for @MarkBench for once again being my superhero pinescript guy that puts these awesome combination Ideas and ES stradegies in my head together. Now let me go ahead and explain what we...
Level: 1 Background The awesome oscillator is just that, an oscillator by Bill Williams. In contrast to the slow stochastics, which ranges from +100 to -100, the fantastic oscillator is limitless. On the surface, one might think that the fantastic oscillator is made up of a complicated algorithm developed by a Whiz Kid from M.I.T. You will be surprised to...