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Bill Williams Indicators

AIMS Box TV [ Trade in line with the Structure of the Market] Introduction to AIMS Box The Market has an underlying Unseen Structure that can be revealed by using this indicator. The underlying structure of the Market is Elliott Wave. And the Underlying Structure of Elliott Wave is the Fractals. This BOX is based on the Fractals. The AIMS Box is created using the fractals. The Upper and Lower Levels require a minimum of five bars with the top of the box being the upper Fractal; the bottom of the box, the lower Fractal The AIMS Levels are the high and low of the AIMS Box – the upper and lower Fractals. This indicator, by itself, provided the concept that revolutionised my trading. AIMS Box can be used for 1. Calculating Risk Per Trade 2. To Find the Trend of the Market i.e. Stepping Up is Uptrend and Stepping Down is Down Trend. 3. The box lower levels are used for Trailing Stops for Buy Orders and Box High levels are used for Trailing Stop for Sell Trades. Anatomy of the AIMS Box and the AIMS Levels As mentioned earlier, the AIMS Boxes are formed using high and low Fractals. A new AIMS Box will be created whenever price makes a new high or low Fractal. The bottom of the AIMS Box – the Lower AIMS Level - is created when a low Fractal is formed i.e. the low of a candle is lower than two candles to the left and two candles to the right. The AIMS Level clearly shows support and resistance – where price approached a level and could not go further, forcing it to retrace on itself. Pending Sell Order is set 1 pip below the lower AIMS Level (provided it’s a correct Setup). The top of the AIMS Box – the Upper AIMS Level - is created when a high Fractal is formed i.e. the high of a candle is higher than two candles to the left and two candles to the right. Pending Buy Order is set 1 pip + spread above the AIMS Box (provided it’s a correct Setup). Benefits of this Indicator: Objective information generated by the AIMS Box and its Levels Crystal clear entry levels. Stop-loss levels – clear support and resistance levels. Money management information. Position/lot size information. Trailing stop-loss mechanism. AIMS Box also generates the following additional information about the market: The market always creates an AIMS Box before it turns around. Every trend starts and ends with an AIMS Level. Entries are always taken on the breakout of the AIMS Box. We don’t take entries inside the AIMS Box on the timeframe that produced the Setup. When price is inside the grey shaded zone, it is inside the AIMS Box; it is within the AIMS How to Get Access to This Script? Contact me using the link below to gain access.
Pine Script™ indicator
by iTradeAIMS
76
Captain Jack Williams %R EMA/SMAWilliams% R / EMA / SMA This oscillator is designed from a different perspective. You can show the current price trend (EMA / SMA) in the background based on its transition. You can mix or split the background. Investor behavior Williams% R (% R) is a momentum-based oscillator used primarily in technical analysis to define overbought and oversold conditions. % R is based on the comparison between the current closing and the highest amount for a retrospective period defined by the investor. The% R (note negative values) between 0 and -100 indicates that the arrows show more purchase conditions when close to zero and over-sold when close to -100. In general,% R can create installations based on overbought and oversold conditions and general changes in momentum. I wish good luck to the friends who will use it. You can support and follow to see different machines. Williams% R / EMA / SMA Bu osilatör farklı bir perspektiften tasarlanmıştır. Geçerli fiyat eğilimini (EMA / SMA) geçişine göre arka planda gösterebilirsiniz. Arka planı karıştırabilir veya bölebilirsiniz. Yatırımcı davranışı Williams% R (% R), aşırı alım ve aşırı satım koşullarını tanımlamak için öncelikle teknik analizde kullanılan momentum tabanlı bir osilatördür. % R, mevcut kapanış ile yatırımcı tarafından tanımlanan geriye dönük bir döneme ilişkin en yüksek tutar arasındaki karşılaştırmaya dayanmaktadır. 0 ve -100 arasındaki% R (negatif değerleri not edin), okların sıfıra yakın olduğunda daha fazla satın alma koşulu gösterdiğini ve -100'e yakın olduğunda aşırı satıldığını gösterir. Genel olarak,% R aşırı alım ve aşırı satım koşullarına ve momentumdaki genel değişikliklere dayalı kurulumlar oluşturabilir. Kullanacak arkadaşlara iyi şanslar diliyorum. Farklı makineleri görmek için destekleyebilir ve takip edebilirsiniz.
Pine Script™ indicator
by Merchant_Captain_Jack
8
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 Simple, easy, shared to enjoy =)
Pine Script™ indicator
by DonkeyEmporium
Enhanced Williams %RThe Enhanced Williams %R Indicator was created by Robert J Kinder Jr (Stocks & Commodities V5:5 (180-182)) and is based on the Williams %R Indicator. It takes volume into account and the buy and sell signals are pretty much the same. I would recommend to buy when the indicator is over the signal and if you want a confirmation then also make sure the signal is above 0. Sell if it falls below the signal or if the signal goes below 0 or of course buy or sell when the indicator goes into overbought or oversold territory. I'm still tinkering with this indicator and it is the first time I have seen this indicator script published so let me know if you have any suggestions for me. And of course let me know if you would like me to write indicators for you or anything else you would like to see!
Pine Script™ indicator
by cheatcountry
3
[Daveatt] BEST ABCD Pattern Strategy (Trailing SL + TP)Hello traders This is the strategy version of my ABCD pattern. I added the Trailing Stop and Trailing Profit upon a follower request I - Concept I present to you, ladies and gentlemen, the first screener for harmonic patterns . Starting with an ACBD pattern screener this time!! I used the calculations from Ricardo Santo's script In short, he's using fractals (regular or Bill Williams ) for the pattern calculations. A masterpiece !!! II - Definitions The ABCD pattern ( AB=CD ) is one of the classic chart patterns which is repeated over and over again. The ABCD pattern shows perfect harmony between price and time. The Williams Fractal is an indicator, developed by Bill Williams , that aims to detect reversal points (highs and lows) and marks them with arrows. Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop 💎Strategy filters💎 I included some cool backtest filters: - Trailing stop with trigger concept coming from this Trailing Stop Strategy - Trailing profit with trigger coming from this Trailing Profit Strategy Last words It works for all asset classes (Forex, crypto, indices, etc...) and does not repaint All the BEST Dave
Pine Script™ strategy
by Daveatt
11
Williams Fractal Trailing StopsUnlike the built-in version, you can configure how many bars it takes to confirm a fractal. This indicator plots all Williams high and low fractals, and a stop line that trails the fractals up and down. Includes long and short stop alerts. You can choose whether the trail flips long-short based on the price being exceeded within a candle or on candle close. This indicator deals only with fractals and doesn't get into the Alligator or anything else. I've commented it extensively, so that it might be useful for people learning Pinescript. Enjoy!
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Pine Script™ indicator
by SimpleCryptoLife
54
PRISM Oscillators Set {PREMIUM}The PRISM Oscillator Set consists of: (1) A modified-pSAR derived main driving oscillator (P-Oscillator). (2) With MAJeStic (Momentum, Acceleration, Jerk, Snap) Oscillators Set (M-, A-, J-, S-Oscillators respectively). User can switch the main oscillator to RSI-mode (default), as well as reverting to configurable EMA/SMA MACD mode as well. The P-Oscillator The P-Oscillator (centered at 50 in the y-axis) indicates the instantaneous bullish/bearish cycle of the market, and the degree of which. A MA-line is provided as well (VWMA-mode is set as the default, but user can choose to switch to SMA-mode). The crossing of the P-Oscillator into its MA-line signals a significant turn in the P-Oscillator , similar to how the cross between MAs are being used to signal a golden/death-cross (example: P-Oscillator crossing down its MA-line indicates a probable shift into the bearish phase). The MAJeStic-Oscillators The MAJeStic-Oscillators are derived from the main P-Oscillator . The M-Oscillator is the momentum oscillator, to more clearly visually indicate the current momentum phase of the main P-Oscillator -- i.e. when the oscillator is above the zeroline at -50, the P-oscillator is in an uptrend; and the magnitude of which indicates the velocity (or to be more precise, the speed) of the current momentum trend. The AJ-Ribbon consists of the acceleration and jerk oscillators, to indicate the hidden underlying trends in the momentum. They can be thought of as the hidden force/hand that pushes and pulls the momentum oscillator upwards or downwards. Both the M-Oscillator and the AJ-Ribbon are y-shifted down with its zeroline set at -50, simply for the purpose of clarity of presentation for this multiple-oscillator script. The S-Oscillator is centered about the 0 as its zeroline. It is a highest-order indicator, derived from the AJ-Ribbon , and is an extremely sensitive indicator -- which is able to dig up even the more subtle market trends that may later cascade into a more macro trend. For example: when it crosses from the negative into the positive (especially with a steeply positive slope) and holds above the zeroline, it is then likely that price will see some upside movement ahead (depending on the magnitude of the oscillator as well), even if it may presently be simply moving sideways or even downwards (i.e. a divergence in the S-oscillator wrt the current price movement). The alignment of the various indicators gives the clearest signal of the market trend, however, that naturally isn't always the case. Hence, when signals from the oscillators looks conflicted, the higher order oscillators (i.e. the AJ-Ribbon, and the S-Oscillator) will be helpful indicators of possible movement incoming; alternatively looking for divergence and hidden divergence of the P-Oscillator (set to RSI-mode) is also an effective strategy. This oscillator set is suitable to be applied on any timeframes and on any charts. This oscillator does not give precise price targets, but only offers a qualitative view of the present as well as the probable incoming price action. To (attempt to) predict price targets, I personally use the PRISM Oscillator Set in conjunction a combination of various support & resistance analytical strategies: e.g. VPVR-levels, moving averages, trend-lines, Ichimoku Cloud, etc. and looking/waiting for sufficient candle closing and break-outs for confirmation, etc. The PRISM Oscillator Set provide a momentum-focused perspective of the current market. While my other script, Cyber Ensemble ( which generates buy/sell signals base on the scoring of a large ensemble of technical indicators + and modified by a series of filters ), provides a technical perspective of the current market; and which I frequently use conjunction with the PRISM Oscillator Set . ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment/trade decisions. Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Please PM me for access information. © cybernetwork
Pine Script™ indicator
by cybernetwork
3
DI+ and ACThis script utilizes the Directional Movement Plus from the Directional Movement Index and Accelerator Oscillator (developed by Bill Williams to be based off of the Awesome Oscillator ) indicator to determine an entry signal. When the DI+ goes to a low value (<= 10), there is a high probability that a downtrend reversal may occur. The Accelerator Oscillator ( AC ) is used to compliment this theory by looking at the strength of the trend. As the AC shows weakening downtrend acceleration, we can confirm a potentional long entry.
Pine Script™ indicator
by schwehrv
1
Awesome Accelerator Oscillator (combo AO/AC)=========== Awesome Accelerator Oscillator =========== A Combination of the Awesome Oscillator and the Accelerator Oscillator in one handy histogram. ----------- Editable settings include Fast Length , Slow Length and Trigger Length to provide a comprehensive indicator from a combination of Bill Williams' two most famous oscillators. Background color changes depending on overall/combined oscillator direction (gray for null ). There's not much else to say about this indicator - does what it says on the tin! Good Luck and Happy Trading!
Pine Script™ indicator
by theCrypster
3
Chaloke System StrategyChaloke System Strategy This is a trend indicator Atr and 3 moving averages are used Short 9-day moving average,Medium 15-day moving average,Calculated with a long 24-day moving average. Atr period : 5 Sht,Mid,Lng calculation method is different Buying Strategy long = crossover(Sht,Mid) and close > Sht Selling Strategy short = crossunder(Sht, Lng ) or close < Lng Buy should be done when the barcolor turns green Sell ​​should be done when barcolor is red When the barcolor is black, there may be change.
Pine Script™ strategy
by ceyhun
10