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Bill Williams Indicators

Rainbow Indicator - Polfwack ProThis is a reverse engineered completely free Version of an Indicator that you would normally have to spend huge amounts of money on. I personally believe that no one should pay a fortune for access to an Indicator that contains huge amounts of freely available stuff. This indicator claims to be even better than Market Cipher. Turns out it uses - just as Market Cipher, freely available Indicators and puts them in a nice looking package. I packed in as much as it made sense, the original Indicator is visually very cluttered with - in my opinion, too much random stuff that I have left out for a cleaner look, for example the truckload of entry signals, MFI and that Autotrendline feature that no one really needs because the human brain is way better at drawing lines. Was is included? From top to bottom: 1st Bar -> Color coded RSI status. It shows Oversold and Overbought, Bullish, Hidden Bullish, Bearish and Hidden Bearish Divergences. 2nd Bar -> Color coded Market Structure Analyser. It shows if the market is currently ranging, bullish or bearish based on calculated pivots and outbreaks of said pivots. Bullish and Bearish breaks are also being printed. Main Oscillator -> An Awesome Oscillator (AO) that prints bullish, hidden bullish, bearish and hidden bearish divergences as well as positive and negative Pivot Points. Bollinger Bands -> They are following the AO and are color coded to the long term trend indicator for less visual clutter. Secondary Oscillator -> Accelerator Oscillator (AC). 3rd Bar -> Color coded longer term trend indicator, it mirrors the color code on the Bollinger Bands. The original uses an ATR-based calculation, but I found a Kumo cloud to be more simple and more reliable for this kind of thing. 4th Bar -> Color coded mirror of the Accelerator Oscillator. I tried to make the whole Indicator as adjustable as possible, most of the variables can be edited to your liking. On the internet you can find all sorts of strategies for every single of the included indicators. I hope that I have saved you at least some money. Good luck.
Pine Script™ indicator
by AdonisWerther
44
Traders RealityTraders Reality indicator This indicator serves as the Tradingview equivalent of an MT4 indicator suite. It differentiates from existing TV indicators in its style and total feature set (most notably PVSRA and PVSRA Override) It was originally designed for forex markets, and it will work for crypto as well, but it has not been tested on stocks. List of features: PVSRA Candles Market boxes (NY/JP/ HK /UK/ FR and Brinks Boxes) 5/13/50/200/800 EMAs (cloud for 50EMA) Pivot points (S/M/R 1,2,3; PP ) Yesterday and Last Week price range Average Daily Range (Weekly and Monthly as well) Daily Open PVSRA Override All of these are configurable in the indicator settings. Usage instructions: PVSRA Candle colors meaning: Green (bull) and red (bear): Candles with volume >= 200% of the average volume of the 10 previous chart candles, and candles where the product of candle spread x candle volume is >= the highest for the 10 previous chart time candles. Blue (bull) and blue-violet (bear): Candles with volume >= 150% of the average volume of the 10 previous chart candles PVSRA Override In order to get reliable bar coloring, we need accurate data. If you're on a chart with low volume on some obscure exchange, you may want to use another exchanges datafeed for the symbol you are on to calculate the PVSRA bar colors with. This lets you do exactly that. By default it's off, but you can turn it on and use INDEX:BTCUSD, or really any other chart you want. You can combine charts too, e.g. use BINANCE:BTCUSDT+COINBASE:BTCUSD. PVSRA Alerts Alerts can be made for PVSRA "vector"/"climax" candles: 1. Create Alert (Clock with + sign) 2. Set Condition: "Traders Reality", 3. Select "Alert on Vector Candle", 4. Set it to Once per Bar, 5. choose your notification options. Market boxes The market boxes times are configurable and will change depending on the exchange timezone. I recommend to pick your main exchange/chart and adjust the times so that they are correct. Technically you will need to shift the time from the exchanges' timezone to GMT . Default values should be good for UTC based exchanges in current US+UK summer time. Recommended additional Tradingview indicator(s): - TDI - Goldminds, Edited for Market Makers Method by Jakub Donovan Footnotes The code was originally by plasmapug, continued development (with permission) is now done by infernix and peshocore. If you have suggestions or questions, you can message me or leave a comment. Previous changelog (while it was private): Mar 27 2021 Release Notes: dropped the inputs for the session boxes, no need to set any colors there Mar 29 2021 Release Notes: Reworked the level drawing. Should work on all timeframes below daily now. Updated ADR level calculations to match with Tinos MT4 setup. Mar 29 2021 Release Notes: Added configurable label offset (thanks Hud ). Add config option for pivot level extension to the left. Add option to hide ADR range Mar 31 2021 Release Notes: Implemented PVSRA according to MT4 algorithm. Disabled market boxes on 3min, to be fixed later. Relabeled yesterday high. Colored market boxes. Mar 31 2021 Release Notes: Clean up the market range boxes so that lines don't block wick visibility. Shift opening range to the first hour and make it configurable. Clean up configuration Apr 2 2021 Release Notes: Added a session for Sydney. Update Sydney time. Add PVSRA calculation symbol override. Apr 3 2021 Release Notes: No lookahead on PVSRA, should fix strangeness with candle colors. Added crypto weekly high according to Tinos range. May need some additional tuning. Apr 5 2021 Release Notes: Another attempt at fixing PVSRA candle color issues. Start of refactoring. Adjusted crypto weekly math (still not exactly correct but getting there). Fixed pivot labels rendering at price 0.0 when levels not enabled Apr 5 2021 Release Notes: Fix rendering in the 1 minute timeframe Apr 8 2021 Release Notes: Transparency for pivot point lines (configurable color too). Conversion to functions by the great peshocore (thx!). Toggles for ADR AWR AMR . Updated psy low/high math Jun 2 2021 Release Notes: Long overdue update, but no fundamental changes. Removed the psy/crypto weekly high/low due to its inaccuracy. You should put these lines on your chart manually. AWR does not show up by default, can be re-enabled in settings. Switched to f_security; this should resolve the redrawing of M levels together with the next update. Altered line drawing functions so that they update once the day rolls over, should fix the updating of M levels after midnight (Exchange time) Jun 9 2021 Release Notes:Update pivot and M level update mechanism. Fixed ADR math, should now match MT4 more closely Jun 10 2021 Release Notes: You can now create alerts on vector candles using the "Alert on vector candle" alert condition. Jun 17 2021 Release Notes:Sync EMA color settings with EMA labels. Some bugfixes related to pivot and M levels, paritcularly M1 Jun 17 2021 Release Notes: Cosmetic fix (keep EMAs editable), no functional change Jun 24 2021 Release Notes: Make session boxes configurable (color/opacity). Add daily open. Add bb rinks boxes Jun 30 2021 Release Notes:. Add Frankfurt session Jul 2 2021 Relase Notes: You can now en/disable each individual market box, its label, and its opening range
Pine Script™ indicator
by infernixx
80
Pivot Boss -- Squat bars and Non Squat Bars 2.0Squat Bar Signal -- current Volume is greater than previous volume but Current bar MFI(Market Facilitation index) is lesser than previous bar MFI Other Conditions -- Current Bars Range is lesser than (Average Range * Range Multiplier) Non Squat Bar Buy Signal(Green Up Triangle) -- Volume and MFI is greater than previous bar, Close greater than open, Close is greater than midpoint Non Squat Bar Sell Signal(Red Down Triangle) -- Volume and MFI is greater than previous bar, Close lesser than open, Close is lesser than midpoint Usually Squat signal is confirmed by Non Squat Bar Signal.. Other indicator used -- PEMA -- Pivot based EMA For Better results use it along with Advanced Volume indicator and PEMA
Pine Script™ indicator
by Nanda86
6
VIX Fix Double PleasureFULL README: github.com/samgozman/vix-fix-double-pleasure The idea of an oscillator is quite simple. It is based on the popular VIX Fix oscillator, the purpose of which is to find local bottoms within the scope of trend movement. But in addition to the classic VIX fix, I built an oscillator opposite to it, which serves as a potential signal of the end of local growth. Components VIX Fix classic (red lines) VIX Fix reversed (green lines) Buy/sell signals (colored dots) Parameters VIXFix_length - defval: 22. Classic length for VIX fix VIXFix_arraySize - defval: 22. The number of periods among which to look for lows and highs. If there are too many signals, reduce this value. plotMarks - defval: true. Plot high/low marks How it is calculated VIX fix classic: (highest(close, VIXFix_length) - low) / highest(close, VIXFix_length) * -100 VIX fix reversed: (lowest(close, VIXFix_length) - high) / lowest(close, VIXFix_length) * -100 Signals 🟢 Buy signal if current "VIX fix classic" or "VIX Fix reversed" value is lowest from the last VIXFix_arraySize periods. 🔴 Sell signal if current "VIX fix classic" or "VIX Fix reversed" value is highest from the last VIXFix_arraySize periods. General recommendations I advise you not to use this oscillator for a short positions. Long only . It is recommended to set a long position by pyramiding.
Pine Script™ indicator
by samgozman
9
Technical Analysis Consulting Table (TACT)Inspired by Tradingview's own "Technical Analysis Summary", I present to you a table with analogous logic. You can track any ticker you want, no matter your chart. You can even have multiple tables to track multiple tickers. By default it tracks the Total Crypto Cap. You can change the resolution you want to track. By default it is the same as the chart. You can position the table to whichever corner of the chart you want. By default it draws in the bottom right corner. Background colors and text size can be adjusted. Indicators Used: Oscillators RSI(14) STOCH(14, 3, 3) CCI(20) ADX(14) AO Momentum(10) MACD(12, 26) STOCH RSI(3, 3, 14, 14) %R(14) Bull Bear Power UO(7,14,28) Moving Averages EMA(5) SMA(5) EMA(10) SMA(10) EMA(20) SMA(20) EMA(30) SMA(30) EMA(50) SMA(50) EMA(100) SMA(100) EMA(200) SMA(200) Ichimoku Cloud(9, 26, 52, 26) VMWA(20) HMA(9) Pivots Traditional Fibonacci Camarilla Woodie WARNING: I have observed up to a couple of seconds of signal jitter/delay, so use it with caution in very small resolutions (1s to 1m). I hope you enjoy this and good luck with your trading. Suggestions and feedback are most welcome.
Pine Script™ indicator
by despotak
35
OS FractalsAn up fractal is formed when a high is both preceded and followed by lower highs. A down fractal is formed when a low is both preceded and followed by higher lows. Bill Williams uses a period of 2 (2 after and 2 before) to define a fractal. This indicator has 2 as default but lets you decide the range you want. The indicator lets you also select alerts when price crosses an up of down fractal, which would usually mean to entry a position. This indicator works best when used with an alligator, as long signals are valid above the Balance Line and short signals are valid when triggered below the Balance Line. Any comments for improvement are welcome.
Pine Script™ indicator
by ownsov
AO-ZoneThe 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 AC in difference changing Gray Zone are indicate the indecision between bulls and bears. Bill Williams, PhD. mention that Green Zone or Red Zone usually happen 6-8 bars Continuously. (in my opinion, it happen lower than in intraday time frame) The First Bar that change to be Green or Red color is the Signal Bar. Entry Signal is the second bar in the same color as the Signal bar happen with Volume Price go higher the high of previous Green Bar is Buy Signal. Entry Buy (Long) and place Stop at 1 tick lower the Low of previous bar. Price go lower the Low of previous Red Bars is Sell Signal. Entry Sell (Short) and place Stop at 1 tick higher the High of previous bar. Can Entry from 2nd bar to 5th bar. Do not Entry if Green Bars or Red Bars completed 5 bars continuously. This indicator have AO , AC and Zone in 1 tools and there are counter to show the number of Green bar or Red bar. Green counter will happen when AO >0 and Green zone because AO > 0 show uptrend condition. Red Counter will happen when AO < 0 and Red Zone because AO <0 show downtrend condition. When we entry , we should follow the trend. So I design to non-show the counter if zone is against the trend. #WaveRiders
Pine Script™ indicator
by WaveRiders
41
William %R Scalper for Gold with tortle WPRWilliam %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 > -20, WPR9 > -10 AND WPR54 > -20. Tortle WPR (255) provide price trend
Pine Script™ indicator
by sharktrade
4
OS AlligatorOS 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 is green when both AO and AC are green, red when both are red, and black when different) - Zone buys and sells (subsequent AO of the same color), with letter Z - Saucer buys and sells, with letter S - Highest High and Lowest Low tracking (for traling stop setting) - Balance line (Teeth) crossover alerts and of course the Alligator's Mouth (Lips, Teeth, Jaw) with SMMA. All these functions are customizable both in periods and in color. For example if you want to modify the Fractal or HiLo periods you can do so. You can also add alerts based on any or all indicators. Thank you for reading. Any comments for improvement are welcome. -ownsov
Pine Script™ indicator
by ownsov
16
The Bayesian Q OscillatorFirst 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 have here. I am gonna call it the Bayesian Q Oscillator I suppose. The goal of the script is to solve an issue both indicators on their own suffer from. QQE signals are not new and often the problem has always been false signals for them. They are good for scalping but the difference between a quality move and a small to nearly nonexistent move following a signal is not so clear. Kivanc made his normalized version to help reduce this problem by adding colors to his histogram type verision that would essentially represent if price was a trending move or in a ranging structure. As you can see I have kept this Idea but instead opted for lines as the oscillator. two yellow line (default color) is a ranging sideways area and when there is red or green it is trending up or down. I wanted to take this to the next level with combining the Bayesian probability oscillator that tista put together. The Bayesian indicator is the opposite for its issue as it is a probability indicator that shows which candle or price movement is more likely to come next. Red rising means possibly down move soon and green means up soon. I will not go into the complex details of this indicator but will suggest others take a look at his and others to understand the idea behind them. The point I am driving at is that it show probabilities or likelyhood without the most effecient signal device to match it. This original was line form and now it is background filled colors. The idea. is that you can potentially get some stronger and more accurate reversal signals with these two paired together. when you see a sell signal or cross with the towering or rising red... maybe it is a good jump potentially. The same for green. At the same time it is a double added filter effect from just having yellow represent it is ranging... but now if you get a buy signal (example) and have yellow lines (example) along wi5h a red rising or mountain color background... it not only is an indication of ranging, but also that there is potentially even a counter move coming based on the probabilities. Also if you get into a good trade and see dual yellow qqe crosses with no color represented by the bayesian background... it is possible it might only be noise. I have found them to work decently in the 1 hour timframe. Let me know your experience. I hope everyone takes a look at the originals to understand them. Full credit goes to those guys for this to be here. Let me know how it is working out for you. Here are the original links. bayesian Normalized QQE
Pine Script™ indicator
by Gunslinger2005
19
[blackcat] L1 Enhanced Awesome OscillatorLevel: 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 learn that the indicator is a basic calculation of two simple moving averages. I made some improvements on it by introducing some novel moving average functions and choppiness index as L1 Enhanced Awesome Oscillator. Function Yellow bars for bull and fuchsia bars for bear with candles. Buying and selling signal is provided. Divergence signal is provided. Choppiness index is used as a green background color, which indicates trends when it under green color. The choppiness index is used to filter out entry signals. Key Signal yellow candle --> bull fuchsia candle --> bear yellow DIV label --> bottom divergence fuchsia DIV label --> top divergence red SELL label --> short entry green BUY label --> long entry Remarks Feedbacks are appreciated. Readme In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts. The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works. Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element. Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level. Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated. Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop. Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Pine Script™ indicator
by blackcat1402
15
Market Cap - simpleThis is a simple market cap indicator . it allows you to see the actual market cap of a stock, live, on the chart, right next to the stock price. The indicator uses the data provided by Tradingview to calculate the market cap based on the simple calculation of outstanding shares times the price, at any given time. The indicator can be used to compare the actual value of a stock at different times when sometimes you might discover that the market cap when the price is low is actually higher than the market cap when the price was high. That scenario might happen when the amount of outstanding shares has been changed as time goes by. That conclusion is another nice benefit to having the indicator, on top of just having the Market Cap right in front of your eyes, always up-to-date, changing as the price is changing as well. transparency= the higher the value, the more transparent the indicator will be. this feature allows you to see the indicator if you want to, but not letting it interrupting your chart. Hope you enjoy it and good luck!
Pine Script™ indicator
by yehonatan.bus
23