OPEN-SOURCE SCRIPT
Williams Fractals / Goldilocks [NPR21]
📊 Williams Fractals — Goldilocks [NPR21]
Description
Williams Fractals — Goldilocks [NPR21] highlights confirmed swing highs and lows using a refined Williams Fractals approach that balances signal frequency and clarity. BUY and SELL labels mark structurally important pivot points while avoiding chart clutter. The Periods (n) setting controls how often signals appear—lower values produce more signals, higher values filter noise. Signals are non-repainting and work on any instrument and any timeframe. Best used as a market structure and confirmation tool.
🔧 How to Use (Quick Guide)
⏱️ Recommended Periods by Timeframe
The Periods (n) setting determines how many and how often labels print.
1m–3m (Scalping): n = 2
More frequent signals; captures short-term swings.
5m–15m (Intraday): n = 8-9
Balanced sensitivity; filters minor noise.
30m–1h+ (HTF/Swing): n = 15-21
Fewer, stronger pivots; highlights major structure.
Rule of thumb: Lower timeframe → lower n. Higher timeframe → higher n.
🌍 Markets & Timeframes
Not futures-only. Works well on stocks, ETFs, forex, crypto, indices, and any timeframe. Adjust n to match the market’s pace.
Description
Williams Fractals — Goldilocks [NPR21] highlights confirmed swing highs and lows using a refined Williams Fractals approach that balances signal frequency and clarity. BUY and SELL labels mark structurally important pivot points while avoiding chart clutter. The Periods (n) setting controls how often signals appear—lower values produce more signals, higher values filter noise. Signals are non-repainting and work on any instrument and any timeframe. Best used as a market structure and confirmation tool.
🔧 How to Use (Quick Guide)
⏱️ Recommended Periods by Timeframe
The Periods (n) setting determines how many and how often labels print.
1m–3m (Scalping): n = 2
More frequent signals; captures short-term swings.
5m–15m (Intraday): n = 8-9
Balanced sensitivity; filters minor noise.
30m–1h+ (HTF/Swing): n = 15-21
Fewer, stronger pivots; highlights major structure.
Rule of thumb: Lower timeframe → lower n. Higher timeframe → higher n.
🌍 Markets & Timeframes
Not futures-only. Works well on stocks, ETFs, forex, crypto, indices, and any timeframe. Adjust n to match the market’s pace.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.