Penunjuk Bill Williams
Bill Williams. Alligator, Fractals & Res/Sup combined (by vlkvr)Bill Williams indicators (each separately) are simple and quite self-sufficient, however, are most often used together. The key ones (Alligator and Fractals) are freely available and everyone can use them, but why use them on the chart separately, when "together more fun", and not conceivable, in my opinion, they are one without the other.
So, I present "split/copypasta" of two key indicators of Bill Williams, plus (as a bonus) visualization of "Support/Resistance" levels (and in fact, lines from extremes or the same fractals).
As a result, before you indicator "three-in-one".
Smoothened Williams Accumulation/Distribution (Williams AD) Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
Accumulation of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Smoothened Williams A/D Strategy Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
Accumulation of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
WARNING:
- This script to change bars colors.
Williams Accumulation/Distribution (Williams AD) Backtest Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
Accumulation of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Log-space Williams AlligatorMake Williams Alligator usable for looking at weekly and high-volatility crypto charts.
The built-in indicator may have some problems with these charts, as in example below:
Fractal and Alligator Alerts by JustUncleLThis is based on two well known Bill Williams Fractal and Alligator strategies.
The following code is an implementation is similar to reversal strategy specified here:
forexwot.com
and another well know Alligator break out strategy.
This was achieved by combining some of the ideas from two other indicators:
True Williams Alligator (SMMA) by the_batman
Fractals and Levels by JustUncleL
There are two types of Fractal + Alligator Strategies included in this indicator:
Fractal Reversal : In an uptrend defined by Low Fractal that is above the Alligator teeth and the Alligator mouth is completed open in an uptrend. The opposite for downtrends. (Green and Red Arrows)
Fractal BreakOut : In an uptrend, at the start of Alligator open we look back for the first Fractal High above Alligator Teeth. Alligator teeth must be above mouth. (Aqua and Fuchsia arrows)
Fractals and Levels by JustUncleLEven though there are a many other Fractal and Level indicators, this indicator has some unique features. The indicator will display Fractals, fractal levels and HH/LL points, they will only be drawn after they have completed. Also the indicator has options to :
Show Ideal Fractals Only.
Use Renko Style Fractals, where open/close values are used instead of high/low to find Fractals. This is used to show the correct Fractals when Renko Wicks are enabled.
Has an optional Filter to only display Fractals that are above/below a MA Ribbon.
References:
This code is based on Fractal Levels V8 by RicardoSantos
This is a Renko Chart with "Renko Style Fractals" enabled, notice that the wicks are ignored and only the true Bricks are used for Fractals:
Willams %RwEMAspy
Was looking for something else when surfed into an old question
wanting %R 21 period with EMA 13 period of the %R signal
and being a rookie at this, made this code to post for them.
Tried to comment the script in such a way that other rookies
like me could make better sense of what is being done. Hope
this helps someone. I find it useful as one of my indicators for
trading.
Pinescript for tradingview.com user Tom1trader
All time frames.
Interpretation:
%R (Red) crosses above it's average (Blue) - bull
%R crosses below it's average - bear. Background
color changes green-up red-down with above crossings.
Most but not all of serious price movement takes place
from the time the %R (red) goes into oversold (or bought) and
exits again.
%R centerline crosses can also be useful.
I use various indicators and want all of the confirmation
that I can get for expectations BUT I never know what the
next bar will do and define my risks accordingly.
Accelerator Oscillator (AC) Backtest The Accelerator Oscillator has been developed by Bill Williams
as the development of the Awesome Oscillator. It represents the
difference between the Awesome Oscillator and the 5-period moving
average, and as such it shows the speed of change of the Awesome
Oscillator, which can be useful to find trend reversals before the
Awesome Oscillator does.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading
Accelerator Oscillator (AC) Strategy The Accelerator Oscillator has been developed by Bill Williams
as the development of the Awesome Oscillator. It represents the
difference between the Awesome Oscillator and the 5-period moving
average, and as such it shows the speed of change of the Awesome
Oscillator, which can be useful to find trend reversals before the
Awesome Oscillator does.
Accelerator Oscillator (AC) The Accelerator Oscillator has been developed by Bill Williams
as the development of the Awesome Oscillator. It represents the
difference between the Awesome Oscillator and the 5-period moving
average, and as such it shows the speed of change of the Awesome
Oscillator, which can be useful to find trend reversals before the
Awesome Oscillator does.
Bollinger Awesome Alert R1 by JustUncleLThis indicator is an implementation of the Bollinger Band and Awesome Oscillator Scalping system.
This technique is for those who want the most simple method that is very effective. It is BEST traded during the busiest trading hours, 3am to 12am EST NY time. This method doesn't work in sideways markets, only in volatile trending markets.
Time Frames: 1, 5, 10, 15 ,30 min.
Currency pairs: majors.
Other Chart indicators:
Add Awesome Oscillator.
Optionally Add Squeeze Indicator.
Here's the strategy:
Going LONG:
Enter a long position when the black 3 EMA has crossed up through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zeroline, going up. This is indicated by "Buy" alert.
Going SHORT:
Enter a short position when the black 3 EMA has crossed down through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zero line, going down. This is indicated by the "Sell" Alert.
Take profit:
10-20 pips depending on pair or When Awesome Oscillator turns a different colour.
HINTS: Best trades tend to occur when price reversing bounce off outer band and outside the Optional Bollinger Squeeze indication.
Bill Williams Divergent BarsBill William Bull/Bear divergent bars
See: Book, Trading Chaos by Bill Williams
Coded by polyclick
A bullish (green) divergent bar, signals a trend switch from bear -> bull
-> The current bar has a lower low than the previous bar, but closes in the upper half of the candle.
-> This means the bulls are pushing from below and are trying to take over, potentially resulting in a trend switch to bullish.
-> We also check if this bar is below the three alligator lines to avoid false positives.
A bearish (red) divergent bar, signals a trend switch from bull -> bear
-> The current bar has a higher high than the previous bar, but closes in the lower half of the candle.
-> This means the bears are pushing the price down and are taking over, potentially resulting in a trend switch to bearish.
-> We also check if this bar is above the three alligator lines to avoid false positives.
Best used in combination with the Bill Williams Alligator indicator.
Bill Williams. Awesome Oscillator (AO) Backtest This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Bill Williams. Awesome Oscillator (AC) Backtest This indicator plots the oscillator as a histogram where blue denotes
periods suited for buying and red . for selling. If the current value
of AO (Awesome Oscillator) is above previous, the period is considered
suited for buying and the period is marked blue. If the AO value is not
above previous, the period is considered suited for selling and the
indicator marks it as red.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.