During the course of a trade, we can find ourselves changing strategies depending on the market. Instead of using many different templates, I have a simple indicator that clearly says "Buy", "Sell" or "Stay Out". The great thing about this approach, is we instantly observe the majority are in agreement and that decides which way to place our trade. This indicator...
This can be applied to Forex, Stocks and Crypto. Understanding it When the buy or sell signal align with the wave, it means the price is heading in the direction of alignment. This indicator is intended to be used as a confirmation indicator for other algorithms for best result. Indicators with specifically tested and chosen settings that have shown to work on...
Gives long-term buy signals for Bitcoin from dips and recoveries in the hashrate (the "miner capitulation" theory). It has an overlay and a standalone mode and is fully configurable. It uses Williams Lows and ATR instead of moving averages. Features that might be interesting for Pinescripters: + Automatic (as far as is possible currently) adjustment of plots for...
Basic Trend Line base on fractals (v0.1) Can not draw a line on the future X axis, So just a line segment but not a ray. I don't have a better idea to upgrade...
Custom William Fractals for alerts and educational purpose. Added custom alerts for Williams Fractals. Also added filter to show less fractals on chart. The simple idea how I use fractals in Binary Option is to determine temporary resistance and support. Simple strategy: - Mark Resistance/Support on higher time frame (e.g. 5M) - Set an alert for new...
A simpler script to filter fractals and support large range parameter.
This indicator is based on Williams Fractals and the TopDog Trading "Rubber Band Trade" The Deep Fractal Signals are triangles that indicate the price is forming a pattern of decreasing lows in a down trend (orange) or, increasing highs in an up trend (green). The triangles are placed above or below the last bar of the pattern, unlike Fractals which are drawn 2...
Description I use this script a lot to know the trend of a stock, cryptocurrency, forex. This script is based on an EMA study. Which tells us the trend of a stock. How to use You can see the trend of a stock if it goes up it says buy and if it goes down it says sell. It is recommended that you put it with the heinki ashi table. It can help you much more. How to...
Descripcion: The 10/20 MA Strategy is the best I know. It's easy, it's elegant, it's effective. It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...
Abbreviations: AO - Awesome Oscillator AC - Accelerator Oscillator TP - TimePeriod (1m,2m,5m,1h....) TP Steps - 1m,3m,12m,1h,5h,D (This steps i use) Use-case: Awesome Oscillator best used to find Divergence/Convergence what results in Weakening of Momentum and Price reversals. This script calculates and plots AO/AC with minute precision, removing GAPS...
The Script is called a MSB/MarketStructureBreak This script is meant to teach you on how the 2 candles are responsible for the breakout and shows you patience The best way to use this indicator is by putting the "SMA 50 SMA 200" settings helps filter out the false calls As well, if you use this in a bigger time frame like 1 HOUR, 4 HOUR, Daily, and Weekly it will...
This tool prints fractal high & lows (triangles) illustrating probably points of liquidity & Williams method. If the liquidity points have been run, there will be a line print, when they have not been run there will still be a single triangle print without a line. If the liquidity is run and then the candle closes above we print a checkmark to demo that it is...
This study draws a trend line for the last two Bill Williams up-fractals and down-fractals. Trend line break signals and alerts can optionally be added.
Normal size fractal For those who like Charts as clean as possible, I modified build in fractals in smaller size clean chart pollution
Added Fractals which establishes high and low based on Bill Williams definition. Added one type of Pinbar (where the open and close is near extreme of the range and with long shadow that is at least 80% of the range). It is a powerful reversal pattern especially on the daily charts. These bars are identified with the character P. Also included dots below...
Fractal Trend - Multi Time Frame Toggle time frame 3 on/off (When on, time frame 3 is set to the chart time frame) Toggle ticker selection on/off Toggle time frame header on/off To configure grid see grid instructions below (the indicator in the gif is the SMT but same concept applies) ***** Make sure all instances of the indicator are pinned to...
This 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...
Nailed 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...