OPEN-SOURCE SCRIPT
CRR Bill Williams Neo System (Alligator, Fractals, AO, AC, MFI)
CRR Bill Williams Neo System is an educational chart overlay that combines classic Bill Williams concepts into a single visual framework.
The script integrates Alligator (SMMA-based trend structure), confirmed Fractals, Awesome Oscillator (AO), Accelerator Oscillator (AC), and the Bill Williams Market Facilitation Index (MFI).
Signals Logic
BUY signals appear when the Alligator trend is bullish (Lips > Teeth > Jaw), the Awesome Oscillator (AO) is above zero, the Accelerator Oscillator (AC) is above zero, the MFI state is GREEN or SQUAT, and price closes above the Lips line.
SELL signals appear when the Alligator trend is bearish (Lips < Teeth < Jaw), the Awesome Oscillator (AO) is below zero, the Accelerator Oscillator (AC) is below zero, the MFI state is GREEN or SQUAT, and price closes below the Lips line.
Signals can be configured to appear only after bar close for confirmation.
Fractals Behavior
Fractals are detected using pivot confirmation.
A fractal is confirmed only after the selected number of right bars have closed.
Because of this, fractal markers appear with a delay.
This behavior is expected and does not represent repainting.
How to Use
This indicator is designed to help visualize trend direction, momentum, and market activity.
It should be used as a confirmation tool together with price action and proper risk management.
Disclaimer
This script is for educational purposes only.
It does not constitute financial advice.
Always apply your own analysis and risk management.
The script integrates Alligator (SMMA-based trend structure), confirmed Fractals, Awesome Oscillator (AO), Accelerator Oscillator (AC), and the Bill Williams Market Facilitation Index (MFI).
Signals Logic
BUY signals appear when the Alligator trend is bullish (Lips > Teeth > Jaw), the Awesome Oscillator (AO) is above zero, the Accelerator Oscillator (AC) is above zero, the MFI state is GREEN or SQUAT, and price closes above the Lips line.
SELL signals appear when the Alligator trend is bearish (Lips < Teeth < Jaw), the Awesome Oscillator (AO) is below zero, the Accelerator Oscillator (AC) is below zero, the MFI state is GREEN or SQUAT, and price closes below the Lips line.
Signals can be configured to appear only after bar close for confirmation.
Fractals Behavior
Fractals are detected using pivot confirmation.
A fractal is confirmed only after the selected number of right bars have closed.
Because of this, fractal markers appear with a delay.
This behavior is expected and does not represent repainting.
How to Use
This indicator is designed to help visualize trend direction, momentum, and market activity.
It should be used as a confirmation tool together with price action and proper risk management.
Disclaimer
This script is for educational purposes only.
It does not constitute financial advice.
Always apply your own analysis and risk management.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.