ChrisMoody

CM_Williams_Vix_Fix_V3_Ultimate_Filtered_Alerts

13226 27 2462
New Williams Vix             Fix - Major Update - Filtered Entries - Additional Alerts - And Much More...

***01-05-2015 Major Updates Include:

***ALL Features Available To Turn On/Off On The INPUTS Tab!!!

FILTERED ENTRIES -- Plus AGGRESSIVE FILTERED ENTRIES - HIGHLIGHT BARS AND ALERTS
*Alerts Enabled for 4 Different Criteria
*Ability To Plot Alerts True/False Conditions on top of the WVF Histogram
*Ability To Turn Off the Histogram and just see True/False Alerts Conditions.
*Ability to Turn All Price Bars Gray, and Color the Price Bars to Match the WVF Colors Exactly, Including All 3 Entry Types.
*Added Inputs To Adjust the 3 Numerical Inputs That Define The PRICE ACTION FILTER! Explained in Video.
*Main Video is 34 Minutes…However, the New Features Are Extensive and I Go Thru All Features In Depth.
*I Recommend Using the VSTOP Indicator. I Go Through How To Customize It In Video.


Videos:

Video: The Evolution of the Williams Vix             Fix - 12 Minutes.
http://vimeopro.com/user32804960/tradingview-indicators/video/115923112

Video: Williams Vix             Fix V3 - Major Update - Additional Alerts and Filtered Entries - 34 Minutes.
***Video Covers In Detail How To Use The Multiple Alerts And Plot Styles Available.
http://vimeopro.com/user32804960/tradingview-indicators/video/115973132


Posts To Reference…

New Video on How to Create Alerts W/ Any Custom Indicator.
https://www.tradingview.com/v/y2l1BpbN/#tc127166

Great Confirming Indicator for the Williams Vix             Fix
Great Confirming Indicator For The Williams Vix Fix


CM_WILLIAMS_VIX_FIX FINDS MARKET BOTTOMS
CM_Williams_Vix_Fix  Finds Market Bottoms
Remove from Favorite Scripts Add to Favorite Scripts
//Created By ChrisMoody on 12-26-2014...V3 MAJOR Update on 1-05-2014
//01-05-2014 Major Updates Include: 
//FILTERED ENTRIES ---  AND AGGRESSIVE FILTERED ENTRIES - HIGHLIGHT BARS AND ALERTS
//Ability to Change All Bars To Gray, and Plot Entries AND Highlight Bars That Match The Williams Vix Fix
//Alerts Enabled for 4 Different Criteria
//Ability To Plot Alerts True/False Conditions on top of the WVF Histogram
//Or Get Rid Of the Histogram and just see True/False Alerts Conditions.

study(title="CM_Williams_Vix_Fix_V3_Ultimate_Filtered_Alerts", shorttitle="CM_WVF_V3_Ult", overlay=false)
//Inputs Tab Criteria.
pd = input(22, title="LookBack Period Standard Deviation High")
bbl = input(20, title="Bolinger Band Length")
mult = input(2.0    , minval=1, maxval=5, title="Bollinger Band Standard Devaition Up")
lb = input(50  , title="Look Back Period Percentile High")
ph = input(.85, title="Highest Percentile - 0.90=90%, 0.95=95%, 0.99=99%")
new = input(false, title="-------Highlight Bars Below Use Original Criteria-------" )
sbc = input(true, title="Show Highlight Bar if WVF WAS True and IS Now False")
sbcc = input(false, title="Show Highlight Bar if WVF IS True")
new2 = input(false, title="-------Highlight Bars Below Use FILTERED Criteria-------" )
sbcFilt = input(true, title="Show Highlight Bar For Filtered Entry")
sbcAggr = input(false, title="Show Highlight Bar For AGGRESSIVE Filtered Entry")
new3 = input(false, title="Check Below to turn All Bars Gray, Then Check the Boxes Above, And your will have Same Colors As VixFix")
sgb = input(false, title="Check Box To Turn Bars Gray?")
//Criteria for Down Trend Definition for Filtered Pivots and Aggressive Filtered Pivots
ltLB = input(40, minval=25, maxval=99, title="Long-Term Look Back Current Bar Has To Close Below This Value OR Medium Term--Default=40")
mtLB = input(14, minval=10, maxval=20, title="Medium-Term Look Back Current Bar Has To Close Below This Value OR Long Term--Default=14")
str = input(3, minval=1, maxval=9, title="Entry Price Action Strength--Close > X Bars Back---Default=3")
//Alerts Instructions and Options Below...Inputs Tab
new4 = input(false, title="-------------------------Turn On/Off ALERTS Below---------------------" )
new5 = input(false, title="----To Activate Alerts You HAVE To Check The Boxes Below For Any Alert Criteria You Want----")
new6 = input(false, title="----You Can Un Check The Box BELOW To Turn Off the WVF Histogram And Just See True/False Alert Criteria----")
swvf = input(true, title="Show Williams Vix Fix Histogram, Uncheck to Turn Off!")
sa1 = input(false, title="Show Alert WVF = True?")
sa2 = input(false, title="Show Alert WVF Was True Now False?")
sa3 = input(false, title="Show Alert WVF Filtered?")
sa4 = input(false, title="Show Alert WVF AGGRESSIVE Filter?")

//Williams Vix Fix Formula
wvf = ((highest(close, pd)-low)/(highest(close, pd)))*100
sDev = mult * stdev(wvf, bbl)
midLine = sma(wvf, bbl)
lowerBand = midLine - sDev
upperBand = midLine + sDev
rangeHigh = (highest(wvf, lb)) * ph

//Filtered Bar Criteria
upRange = low > low[1] and close > high[1]
upRange_Aggr = close > close[1] and close > open[1]
//Filtered Criteria
filtered = ((wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh))
filtered_Aggr = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and not (wvf < upperBand and wvf < rangeHigh)

//Alerts Criteria
alert1 = wvf >= upperBand or wvf >= rangeHigh ? 1 : 0
alert2 = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh) ? 1 : 0
alert3 = upRange and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered ? 1 : 0
alert4 = upRange_Aggr and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered_Aggr ? 1 : 0

//Highlight Bar Criteria
barcolor(sbcAggr and alert4 ? orange : na)
barcolor(sbcFilt and alert3 ? fuchsia : na)
barcolor(sbc and ((wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh)) ? aqua : na)
barcolor(sbcc and (wvf >= upperBand or wvf >= rangeHigh) ? lime : na)
barcolor(sgb and close ? gray : na)

//Coloring Criteria of Williams Vix Fix
col = wvf >= upperBand or wvf >= rangeHigh ? lime : gray

//Plots for Williams Vix Fix Histogram and Alerts
plot(swvf and wvf ? wvf * -1 : na, title="Williams Vix Fix", style=columns, linewidth = 4, color=col)
plot(sa1 and alert1 ? alert1 : 0, title="Alert If WVF = True", style=line, linewidth=2, color=lime)
plot(sa2 and alert2 ? alert2 : 0, title="Alert If WVF Was True Now False", style=line, linewidth=2, color=aqua)
plot(sa3 and alert3 ? alert3 : 0, title="Alert Filtered Entry", style=line, linewidth=2, color=fuchsia)
plot(sa4 and alert4 ? alert4 : 0, title="Alert Aggressive Filtered Entry", style=line, linewidth=2, color=orange)
@ChrisMoody

Hi Chris,

When I click the settings wheel to tweak the settings, the chart loses all colors (for example the sky blue pinbars are lost forever). The only workaround I found was to remove the indicator and add it back in with default settings. Also, it would be great if the settings panel could be cleaned up a little bit with the removal of those comments and the check boxes next to them. The comments can be read on the description page. My 2 cents.

Thanks for this great indicator!
Reply
This indicator is the best Ive seen so far, very intelligent. Thanks heaps Chris God bless you!
Reply
Chris i have a problem when i load this script it comes up with error do you know how i can fix this
Reply
i just recently came to see all your posts and indicators and tutorial videos. I am so thankful to you for taking your time and helping other people out. This indicator is by far the simplest and the best indicator i have used till now. All the time i took to learn price action really helps with this indicator. I have placed 15 trades using this indicator and have won 14 of them. The one i lost was my mistake as i got overconfident and took the trade in a hurry. Now my second step is to use vdubus money management plan with this indicator and hopefully it all works out. Thank you.
Reply
tanvirmk tanmaybartarya
Which instrument did you trade? Stocks/forex
Reply
jayleo tanmaybartarya
I'm interested to know as well! Mind sharing what kind and interval u trade?
+1 Reply
Nice..
Reply
ChrisMoody: Can the above 74 line code be used for ThinkorSwim...? I mean - can one just copy and paste it..? Please let me know. Thanks.
Reply
Hi, Chris.
Thanks for sharing all this!
Just wondering what resource you could recommend to learn more about price action filters.

Reply
Simple Clear Question...However this requires a Lengthy response. If there is interest for me to do a webinar discussing this subject..let me know
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out