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Williams Oscillators

Williams %R with MA-EMA-WMAWilliams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R, Williams %R reflects the level of the close relative to the highest high for the look-back period. However, bare-metal version of Williams %R does not indicate where the trend is heading and only gives you buy and sell signals, whenever it crosses over or under certain levels. In order to improve this indicator i decided to add few things, in order to see where the trend is heading while Williams %R giving you buy and sell signals at the same time. Information: This indicator comes with adjustable (ma-ema and wma) moving averages, applied on Williams %R signal. So whenever Williams %R crossover SMA or EMA it's an indication of stock/coin price is moving upwards while it crossunder SMA or EMA values, it's an indication of price will go downwards. Convincigly though each crosspoints have their own custom colors, so you can identify if it's going up or down. Oversold and Overbought Visuals: Whenever Williams %R crossover overbought area, it will draw an orange circle, which indicates the direction of the trend is about to end and price of that stock/coin may fall. Anything over -20 is considered as Overbought. Convincigly when Williams %R crossunder oversold area, it will drawn lime color circle, which indicates that the stock/coin may have reached at it's bottom and trend change is expected. Anything below -80 is considered as Oversold and could be used as buying zone. Trend following with WMA: As mentioned earlier, while Willams %R gives you reliatively good buy and sell points, it does not show you the whole picture, thanks to it's jagged nature. If the certain stock/coin in a falling trend, Williams %R may give you numerous buy and sell signals; but won't show you if it's going to get lower or higher. Thanks to WMA, it filters most of the jagged signals and gives you an idea of where the trend is heading, also offers key turning points (trend overbought and oversold areas) Whenever WMA draws a red cross on top, it indicates the following trend is about the change and if you have not sold the stocks/coins you are holding, you may only have small amount of time left to do so. And when WMA draws a green cross at the bottom, it's an indication of strong buy signal and the downtrend is about to end. Although for both of these keypoints, you should always confirm it via Williams %R signals and candlesticks as well. There is also something called midpoint. Whenever WMA draws purple circle at specific levels(which is also adjustable) it will give you an idea of trend may change it's direction if it's going upwards or downwards. These circles do not offer you a buy or sell signal and only informs you about where trend is heading or where it might make a reversal. You can also adjust overbought-oversold and midpoint levels for your own liking.
Pine Script® indicator
by Stravios
6
Williams %R IndicatorDeveloped by Larry Williams, Williams %R is a momentum indicator much like the Stochastic Oscillator and is especially popular for measuring overbought and oversold levels. The scale ranges from 0 to -100 with readings from 0 to -20 considered overbought, and readings from -80 to -100 considered oversold. Typically, Williams %R is calculated using 14 periods and can be used on intraday, daily, weekly or monthly data. This implementation is enhanced with CCI in the form of background colors as a confirming signal and an indication of a prevailing trend.
Pine Script® indicator
by capissimo
1
Setup 9.4 - Larry Williams---IN-US--- Hi traders, this simple setup was created by the professional Trader Larry Willians. This trade system is based on 9 EMA . Setup EMA 9.3 1) Find a stock with 9 EMA uptrend and turns down, but the low of the candle which made turn go down can't be lose, 9 EMA can go down ONLY ONE candle. 2) Wait for 9 EMA go up in the next candle and mark the high. 3) If the price doesnt across the high, mark the next high. 4) Buy when the price cross the mark. 5) Stop-loss in the low of the marked candle. --PT-BR--- Olá traders, setup universal, criado pelo famoso Trader Larry Williams , e divulgado pelo Trader Palex. Setup baseado na MME de 9 períodos. Setup MME 9.4 1) Achar ativo com a MME9 esteja subindo; A MME9 vem subindo e vira para baixo, mas o candle que fez essa virada ocorrer não tem a mínima perdida e a MME9 volta a virar para cima no candle seguinte. Só pode ficar virada pra baixo 1 candle e logo no candle seguinte a média vira pra cima. 2) Marcamos a máxima do candle que fez a MME9 virar para cima e no seu rompimento temos a entrada na ponta compradora. 3) Se a máxima não for rompida, marcar a próxima máxima; 4) Compra no rompimento dessa máxima (qualquer negócio acima dessa máxima); 5)Stop-loss na mínima do candle que fez a MME9 virar para baixo. Bons trades a todos.
Pine Script® indicator
by alanwmg
2
Setup 9.3 - Larry Williams--IN-US--- Hi traders, this simple setup was created by the professional Trader Larry Willians. This trade system is based on 9 EMA . Setup 9.3 1) Find a stock with the 9 period EMA uptrend. 2) Look for a close which is followed by two lower closes, 3) Mark the high of the last candle. 4) Buy when the price cross the mark. 5) Stop-loss in the low of the marked candle. ---PT-BR--- Olá traders, setup universal, criado pelo famoso Trader Larry Williams , e divulgado pelo Trader Palex. Setup baseado na MME de 9 períodos. Setup MME 9.3 1) Achar ativo com a MME9 esteja subindo; 2) Procurar 1 fechamento que seja seguido por dois fechamentos seguidos descendentes (abaixo do "candle referência") e marcar máxima do último candle; 3) Se a máxima não for rompida, marcar a próxima máxima; 4) Compra no rompimento dessa máxima (qualquer negócio acima dessa máxima); 5) Stop na mínima do candle anterior ao que gerou a entrada;
Pine Script® indicator
by alanwmg
1
Setup 9.2 - Larry Williams---IN-US--- Hi traders, this simple setup was created by the professional Trader Larry Willians. This trade system is based on 9 EMA. Setup EMA 9.2 1) Find a stock with 9 EMA uptrend. 2) Wait for a close below the last candle low and mark the high of it candle. 3) If the price doesnt across the high, mark the next high. 4) Buy when the price cross the mark. 5) Stop-loss in the low of the marked candle. ---PT-BR--- Olá traders, setup universal, criado pelo famoso Trader Larry Williams, e divulgado pelo Trader Palex. Setup baseado na MME de 9 períodos. Setup MME 9.2 1) Achar ativo com a MME9 subindo; 2) Aguardar fechamento abaixo da mínima do candle anterior e marcar a máxima desse candle; 3) Se a máxima não for rompida, marcar a próxima máxima; 4) Compra no rompimento dessa máxima (qualquer negócio acima dessa máxima); 5) Stop na mínima do candle anterior ao que gerou a entrada; Bons trades.
Pine Script® indicator
by alanwmg
1
Oscillators EqualizerAn oscillator of the oscillators. This is one of my private indicators that implements a quantitative approach: it collects readings from internal oscillators and calculates scores for the selected metric. Features 46 well-known oscillators 6 metrics ( Bands Breakouts , Overbought/Oversold , Above/Below Middle Line , Middle Line Crossovers , Above/Below Signal Line , Signal Line Crossovers ) Oscillators customization Implemented oscillators Relative Strength Index (by J. Welles Wilder) Chande Momentum Oscillator (by Tushar S. Chande) Intraday Momentum Index (by Tushar S. Chande) Stochastic RSI (by Tushar S. Chande and Stanley Kroll) Aroon Oscillator (by Tushar S. Chande) R-Squared Index (by Tushar S. Chande and Stanley Kroll) Forecast Oscillator (by Tushar S. Chande) Relative Momentum Index (by Roger Altman) Moving Average Convergence/Divergence (by Gerald Appel) Connors RSI (by Larry Connors) Rapid RSI (by Ian Copsey) Relative Spread Strength (by Ian Copsey) Vortex Indicator (by Etienne Botes and Douglas Siepman) Random Walk Index (by Michael Poulos) True Strength Index (by William Blau) Stochastic Momentum Index (by William Blau) Ergodic Oscillator (by William Blau) Smoothed Rate Of Change (by Fred G. Schutzman) TRIX (by Jack Hutson) Pretty Good Oscillator (by Mark Johnson) Choppiness Index (by Bill Dreiss) Tick Line Momentum Oscillator (by Daniel E. Downing) Price Momentum Oscillator Relative Volatility Index (by Donald Dorsey) Trend Trigger Factor (by M. H. Pee) Trend Intensity Index (by M. H. Pee) Trend Detection Index (by M. H. Pee) Trend Continuation Factor (by M. H. Pee) Relative Vigor Index (by John F. Ehlers) Fisher Transform (by John F. Ehlers) CG Oscillator (by John F. Ehlers) Stochastic CG Oscillator (by John F. Ehlers) Laguerre RSI (by John F. Ehlers) Rocket RSI (by John F. Ehlers) Recursive Median Oscillator (by John F. Ehlers) Super Passband Filter (by John F. Ehlers) Roofing Filter (by John F. Ehlers) Ehlers Stochastic (by John F. Ehlers) Fisherized Deviation-Scaled Oscillator (by John F. Ehlers) Bollinger Bands %B (by John Bollinger) Williams %R (by Larry Williams) Ultimate Oscillator (by Larry Williams) Money Flow Index (by Gene Quong and Avrum Soudack) Commodity Channel Index (by Donald Lambert) Ease of Movement (by Richard W. Arms) Chaikin Money Flow (by Marc Chaikin)
Pine Script® indicator
by everget
55
Stoch_Williams_RSI[wozdux]2Strategy. The indicator gives buy and sell signals based on two or three indicators. Alert 2 is the signal from the two indicators is the Stochastic + Williams. Alert 3 signal from three Stochastic + Williams+ RSI indicators is simple. The Alert4 signal from the three Stochastic + Williams+MTF indicators is simple. Alert5 signal from three Stochastic + Williams+ RSI-2 indicators smoothed. Settings. ""alert 2 show" - show signal button ""alert 3 show" - show signal button ""alert 4 show" - show signal button ""alert 5 show" - show signal button To use, you need to connect the "alert" by one of the "alert-2-3-4-5". Стратегия. Индикатор дает сигналы на покупку и продажу на основе двух или трех индикаторов. Alert2 это сигнал от двух индикаторов Stochastic + Williams. Alert3 сигнал от трех индикаторов Stochastic + Williams+ RSI простой. Alert4 сигнал от трех индикаторов Stochastic + Williams+MTF простой. Alert5 сигнал от трех индикаторов Stochastic + Williams+ RSI-2 сглаженный. Настройки. "alert2 show"- кнопка показать сигнал "alert3 show"- кнопка показать сигнал "alert4 show"- кнопка показать сигнал "alert5 show"- кнопка показать сигнал Чтобы воспользоваться, нужно подключить "оповещение" по одному из «alert-2-3-4-5».
Pine Script® indicator
by wozdux
6
Ergodic CSI Strategy This is one of the techniques described by William Blau in his book "Momentum, Direction and Divergence" (1995). If you like to learn more, we advise you to read this book. His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the relationship between price and momentum in step-by-step examples. From this grounding, he then looks at the deficiencies in other oscillators and introduces some innovative techniques, including a fresh twist on Stochastics. On directional issues, he analyzes the intricacies of ADX and offers a unique approach to help define trending and non-trending periods. This indicator plots Ergotic CSI and smoothed Ergotic CSI to filter out noise. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
"Cycling Willy" Indicator very good tbuy/sell/trend signals!This oscillator is based on the williams%R combined with EMA's for better signals. it shows momentum and ob/os signals and indicates market cycles. you can switch between the two EMA's for more direct or filtered signals and smooth the %R if needed. i added 4 alertconditions to be triggered on crossovers of signal EMA and Filter EMA. please let me know in the comments what you think about the indicator!! happy trading!
Pine Script® indicator
by Heikens
35
iPyra◬_ChillyWillyCHILLYWILLY ChillyWilly looks for the momentum trades. ChillyWilly combines the 4 different well known momentum indicators to bring the best signals. ChillyWilly works with any kind of market state, any kind of trading, and any kind of asset. ChillyWilly has more features than any other momentum indicator in the market: Combining shorter term momentum with longer term momentum, and looking for M's and W's for you. -------------------------------------- ChillyWilly is designed for longer time frame traders and investors. All you have to do is: 1- Use it like you would use RSI (ChillyWilly is ranging between 0-100 --> Closer to 0 means Long ~~ Closer to 100 means short) 2- Look for green or orange lines. (Orange means momentum is BOTH in a good location to long and showing a W ; Green means EITHER momentum is in a good location to long or showing a W) 3- Look for red or maroon lines. (Red means momentum is BOTH in a good location to short and showing a M ; Green means EITHER momentum is in a good location to short or showing a M) ------------------------------------------------------------ iPyra◬ Enlighten others
Pine Script® indicator
by MegalodonTrading
11
Smoothened Williams A/D Strategy Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. Accumulation of the security is indicated when the security is making a new low and the A/D indicator is failing to make a new low. Buy. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
Williams Accumulation/Distribution (Williams AD) Strategy Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. Accumulation of the security is indicated when the security is making a new low and the A/D indicator is failing to make a new low. Buy. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
2
AO and AC Zones (Bill Williams)The colored Zones is the combination of the Awesome Oscillator (AO) and Accelerator Oscillator (AC) indicator by Bill Williams. If both AO and AC bars are uptrending, the zone is blue If both AO and AC bars are downtrending, the zone is red If AO and AC have different colors, the zone is gray Blue and red zones This zones allows you to trade more aggressively, you could also add to current positions Gray zone You should avoid those flat (or choppy) market and don't open new positions or add to your current ones You could use this indicator also in combination with MACD. Please always remember, there is no holy grail indicator!
Pine Script® indicator
by fyntrade
2
Klinger Volume Oscillator (KVO) Strategy The Klinger Oscillator (KO) was developed by Stephen J. Klinger. Learning from prior research on volume by such well-known technicians as Joseph Granville, Larry Williams, and Marc Chaikin, Mr. Klinger set out to develop a volume-based indicator to help in both short- and long-term analysis. The KO was developed with two seemingly opposite goals in mind: to be sensitive enough to signal short-term tops and bottoms, yet accurate enough to reflect the long-term flow of money into and out of a security. The KO is based on the following tenets: Price range (i.e. High - Low) is a measure of movement and volume is the force behind the movement. The sum of High + Low + Close defines a trend. Accumulation occurs when today's sum is greater than the previous day's. Conversely, distribution occurs when today's sum is less than the previous day's. When the sums are equal, the existing trend is maintained. Volume produces continuous intra-day changes in price reflecting buying and selling pressure. The KO quantifies the difference between the number of shares being accumulated and distributed each day as "volume force". A strong, rising volume force should accompany an uptrend and then gradually contract over time during the latter stages of the uptrend and the early stages of the following downtrend. This should be followed by a rising volume force reflecting some accumulation before a bottom develops. WARNING: This script to change bars colors.
Pine Script® indicator
by HPotter
Willams %RwEMAspy Was looking for something else when surfed into an old question wanting %R 21 period with EMA 13 period of the %R signal and being a rookie at this, made this code to post for them. Tried to comment the script in such a way that other rookies like me could make better sense of what is being done. Hope this helps someone. I find it useful as one of my indicators for trading. Pinescript for tradingview.com user Tom1trader All time frames. Interpretation: %R (Red) crosses above it's average (Blue) - bull %R crosses below it's average - bear. Background color changes green-up red-down with above crossings. Most but not all of serious price movement takes place from the time the %R (red) goes into oversold (or bought) and exits again. %R centerline crosses can also be useful. I use various indicators and want all of the confirmation that I can get for expectations BUT I never know what the next bar will do and define my risks accordingly.
Pine Script® indicator
by Tom1trader
10