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Bill Williams Indicators

Jackrabbit.modulus.Williams%RThis is the Williams %R for the Jackrabbit suite and modulus framework. This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported. This is an updated view of %R and supports traditional overbought/sold boundaries and cross over regions. The main indicatior and the confirmational indicator can both be individually tuned for the length and smoothing, with 30 different moving average types: SMA, Double SMA, Triple SMA, EMA, Double EMA, Triple EMA, RMA, Double RMA, Triple RMA WMA, Double WMA, Triple WMA, VWMA, Double VWMA, Triple VWMA, Hull, Double Hull, Triple Hull, ZLEMA, Double ZLEMA, Triple ZLEMA, SWMA, Double SWMA, Triple SWMA, SSMA, Double SSMA, Triple SSMA, SMMA,Double SMMA, Triple SMMA The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link. This script is not designed or meant to function outside my framework. By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab. This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Pine Script™ indicator
by RobertD7723
Nailed BarsNailed bars was introduced by Joy22 in an article "Pip Nailer Trading System" submit on forexstrategiesresources on 06/01/2012 Rule of Nailed Bars is below: 1. Nailed Sell Bar: * PSAR appears above the bar * The Awesome Oscillator (AO) turns red * The Accelerator Oscillator (AC) turns red 2. Nailed Buy Bar: * PSAR appears below the bar * The Awesome Oscillator (AO) turns green * The Accelerator Oscillator (AC) turns green === About this indicator: Nailed Bars === This indicator is detecting all nailed bars was appeared on chart and display infomations in a panel. So traders who are using "Pip Nailer Trading System" can easily control the trade.
Pine Script™ indicator
by inno14
Milan OscillatorBill Williams Breakout Setup I have referred to the man multiple times whether tweeting about him or writing a blog post. Now I want to relearn how breakout trading works, again. A while ago, my friend invited a bunch of us into a Zoom conference sharing us how his setup works for him. He reintroduced me to Bill Williams' indicators which looked like below. The rules are simple: Prices are moving away from Alligator, open and closed above the first time. AC is twice consecutively at par with the direction. AO is twice consecutively at par with the direction. Entry on the third candle to be sure, or the second if you're willing to risk it. The chart above is an example from the 4 hourly time-frame. Before going into any entry, to get a macro perspective, should check on these time-frames first: Weekly 3 Days Daily Bonus points if monthly time-frame is also at par with the bias. Here are the charts for the larger time-frame. It's been profitable trading with the above setup but then I have an itch to scratch. I wanted to have just a single oscillator instead of two to look at. It will enable me to make decisions faster and can use my brain juice to think about something else. So I combined the two to create a new oscillator. I call it the `Milan Oscillator` in honor of my friend Patris who reintroduced me to Bill Williams yet again. Patris' favorite team is AC Milan, here's to you bro 🍺 Here are the same charts above with Milan Oscillator. The rules are a bit different than the rules above: No entry when the oscillator is gray, this means AC and AO are disagreeing. Prices are moving away from Alligator, open and closed above the first time. Oscillator is twice consecutively at par with the direction. Entry on the third candle to be sure, or the second if you're willing to risk it. On lower volume moves, prices will retest alligator, can be an entry if the retest fails. Feedbacks are appreciated.
Pine Script™ indicator
by tista
15
DarvasBox Breakout [@TradersVenue]I have decided that, its time to give back something to trading community so that channel/group members benefit from it. As usual, its without any commercial interests and hence published it publicly for free (without source code because its my own effort and don't want to share the source code to all). This is complete non-repaint version of my #DarvasBox trading strategy. For best results keep the default settings. Dont keep the Will not be able to share the code. I have done back testing till 1990 and results are fantastic. Strategy works well with 25/75/125+ time frame. I have majorly tested it in #Nifty and #BankNifty. You may test it with other scripts and trade if you want.
Pine Script™ strategy
by TradersVenue
10
Buy/Sell_Trend_IndicatorThis is an improved version of my earlier script, the objective of the script is to provide simple trading entry and exist based on Moving average crossover as a foundation with some dependent conditions. This trend following system allows a trader to capture the maximum benefit in a trade from entry to exit while it doesn't guaranteed a top or a bottom exit / entry, the trader will be able to setup an entry signal, and follow up on the trade with stop loss adjustment during the entire trade. this is mainly targeted at new traders looking to trade profitably without blowing up their account. I am open to feedback. regards
Pine Script™ indicator
by lawalML
9
Carl's BOTTOM DETECTOR: Williams %R + normalized ATRThis script is based on Williams %r and normalized ATR. When William%R indicates extreme oversold conditions and the ATR indicates extreme volatility at the same time, then it prints an arrow below the candle. It is based on the concept that swing lows and market bottoms are characterized by extreme oversold momentum and extreme volatility. The highest tf's like the daily, show you perfect market bottoms for btc. If you zoom in it's still good to find swing highs and lows, if necessary you can tweak the settings. Next to that I added grey, red, and green vertical bands to the chart. This is based on the VIX, the SPX volatility index. Whenever the volatility of the S&P500 crosses above a specific level it prints a colored background band behind the candle. Grey means high volatility, red extreme volatility (like in the covid crisis and 2008 crisis), and green means the same as grey, but indicates it came after a red zone and could mean strong bullish bounce momentum. You can tweak the thresholds for the grey/green and read areas.
Pine Script™ indicator
by CarlEverest
2
Gator RibbonThere's nothing fancy here--I just like the look of this one. And it works pretty well. This started out as the standard Alligator indicator. There I reset all the offsets to 0 and added an Ichimoku Cloudish fill. Astute observers will notice a fourth line has been added at 34 SMA. It's a bit of a cheat. 34 SMA is the zero line of another classic B. Williams indicator, the Awesome Oscillator. When the green line crosses over 34 SMA, it's quite likely the Awesome Oscillator will have changed sentiment as well. It also makes a nice loose trailing stop loss reference if you're hoping to get into some long trends.
Pine Script™ indicator
by stvch
2
Fractal_Trend_MTFFractal_Trend_MTF - 3 fractal trend time frames in 1 Ability to view the fractal trend of 3 times frames in one indicator Time frames are user configurable Turn on/off agreement highlights Specify if a candles needs to close above/below a fractal level to consider it broken - or just break it with its high/low Alerts enabled for each time-frame and for when all time frames are all in agreement Usage Note: To accurately display the fractal trends the chart must be opened on a time-frame that is equal to or less than the lowest time-frame specified in the indicator. Tradingview can accurately display higher time frame information on a lower time frame chart but not vice-versa. e.g If the lowest time frame selected is the H1 then view the indicator on the H1 chart or below.
Pine Script™ indicator
by elnoelio
11
Bill Williams SystemBill Williams System combine all indicators of Mr. Bill Williams into one window with detail below: 1. Top of window: Display Fractals with shape triangle down is bottom fractal and shape triangle up is top fractal 2. Bottom of window: Display Alligator Trend Flat with trend defined as below: * Up trend: Lips value shift 3 bars greater than Teeth value shift 5 bars. And Teeth value shift 5 bars greater than Jaws value shift 8 bars. By default up trend is green square. * Down trend: Lips value shift 3 bars less than Teeth value shift 5 bars. And Teeth value shift 5 bars less than Jaws value shift 8 bars. By default down trend is red square. * Choppy: not up trend and not down trend. By default choppy is gray square. 3. Moving around zero line * Awesome Oscillator is circles. * Accelerator Oscillator is columns. * Gator Oscillator is area.
Pine Script™ indicator
by inno14
4
Fractals | Swing Points | Highs & Lows | Custom PeriodsSimple script which marks out key swing highs & lows. One of the only indicators I have on the chart most days - perfect for naked charting - quickly helps you to visually identify key areas of interest An extension of Bill Williams fractals - aka short term swing points Allows you to filter for only the most prominent swing points - you can even overlay multiple swingpoint filters in different colours (as per example chart) The number ( Fractal Periods) is simply: - the number of less prominent points either side of your swing high/low - example shown on the chart Otherwise make a fist - look at your 5 knuckles - swing high is your middle knuckle - 2 lower points either side Bill Williams Original Fractal: Fractal Periods = 2 Your Fractal Period for Filtering: 3, 4, 5, 30, 365, etc Allows you to find swing points down to: Fractal Periods = 1 Simple, easy, shared to enjoy =)
Pine Script™ indicator
by DonkeyEmporium
7
Williams + BB Buy Sell signal Williams %R with Bollinger Bands This script can help traders to determine if there is a buy or sell signal. It indicates when the Williams %R crosses the Bollingers bands levels at the overbought and oversold areas. Red cross: when the Williams crosses the upper level of BB in the overbought area, that can be considered as a double confirmation to sold. Green cross: when the Williams crosses the lower level of BB in the oversold area, that can be considered as a double confirmation to buy. Configuration: This indicator gives accurate signals with this configuration: Williams %R: period length 12 MA period: period length 8 Bollinger bands: period length 6
Pine Script™ indicator
by OualidTrad
1
Price Action ScalperThis strategy is H1 timeframe only. No indicators used. No volumes, just price action. The trend is determined by a candlestick pattern, entry points are fractals. Takeprofit is ATR(14), stoploss is 3*ATR(14) (yess, bad maths, we can discuss if you want) but you can use only entries and close when you want. This is my second script here, so I didn't tested for kinda repainting. If you see repainting, please write in comments, I will try to fix it.
Pine Script™ strategy
by opiumfive
AIMS Gator TVThe Alligator is a very good indicator; it reveals the fractal geometric nature of the market. To understand AIMS Gator we must first understand Bill Williams Alligator. There is scientific research behind it and Bill Williams used supercomputers to arrive at this trend-confirming indicator. The Alligator is our “compass” - it shows us the direction of the trend and is very much in tune with the structure of the market. Anatomy of the Alligator The Alligator is made of three smooth moving averages, shifted into the future. The picture below shows an open gator with its three-line not touching each other. BLUE LINE: Interpretation and Use of Information Provided by the Blue Line Alligator's Jaw (the Blue Line) – is a 13 period smooth moving average, at the mid price (High+Low)/2, offset 8 bars into the future. The Blue line is the Balance Line for price on the current time frame. Price will come to the Blue Line when there is no new incoming information. This means when the volatility goes down, the momentum will fall and price will stop travelling up and down; it starts going sideways and the Alligator catches up with price. When price is close to the Blue Line, it is said to be at its Balance Line. When price goes sideways, with all three lines intertwined we say, the Alligator is sleeping and that the market has reached its Balance Line. When there is new incoming information, price starts going away from the Balance Line and the Alligator opens its mouth. The rise and fall of momentum is also represented in the form of a histogram by AIMS AO (explained below). The Blue Line mimics AIMS AO as well. You must pay attention to relationship of the Blue Line and AIMS AO. The Blue Line is the trend and the Balance Line of the current time frame. RED LINE: Interpretation and Use of Information Provided by the Red Line Alligator's Teeth (the Red Line) – is an 8-period smooth moving average, at the mid-price (High+Low)/2, offset 5 bars into the future. The Red Line is the Balance Line of the significant lower time frame. When price is above the Red Line on M5 we start looking for a buy Setup on M1. When price is below the Red Line on M5 we start looking for a sell Setup on M1. We have a mechanism to display the Red Line of M5 on M1 – it’s called the Purple Line. Red Line is the trend and the Balance Line of a certain lower time frame. Alligator's Lips (The Green Line) – 5-period smooth moving average, at the mid-price (High+Low)/2, offset 3 bars into the future. GREEN LINE: Interpretation and Use of Information Provided by the Green Line The Green Line is the Balance Line of a significant lower time frame, even lower than the Red Line. Just like the Blue Line, it also has a relationship with AO but with AO of the 5 times lower time frame. GreenLine is the trend and Balance Line of a lower time frame than the Red Line. What is the AIMS Gator? Now that you know about the Alligator and the relationship of the lines it should be easy for you to understand that the AIMS Gator is the “Multi-Dimensional Alligator”. We trade in the direction of 5 times higher time frame. Wouldn’t it be nice to know what the Alligator of the five times higher time frame telling us? In order to do so, we have chosen to display on M1, the information provided by the Red Line on M5. AIMS Gator together with the Purple Magic Line, shows us the Red Line of M5 (5xHTF) on M1 (Current Time Frame). Alligator is our Compass whereas AIMS Gator is our Map. PURPLE Magic Line: Script Link Interpretation and Use of Information Provided by the Purple Line The Purple Line is the trend of a 5 times higher time frame. The Purple Line – is a derivative of the Red Line of 5 times higher time frame. On M1, it is the Red Line of M5. What is the Sleeping Alligator? We generally want the Alligator to ‘sleep’ before we start looking for a trading opportunity. The Alligator is considered asleep when the three lines are intertwined and horizontal. When the Alligator is sleeping and purple magic is hovering below it like in the picture below, we get excited, looking for a range breakout, in this example buy only because gator and price is above the Purple Magic.
Pine Script™ indicator
by iTradeAIMS
2