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Bill Williams Indicators

v2.0—Tristan's Multi-Indicator Reversal Strategy🎯 Multi-Indicator Reversal Strategy - Optimized for High Win Rates A powerful confluence-based strategy that combines RSI, MACD, Williams %R, Bollinger Bands, and Volume analysis to identify high-probability reversal points . Designed to let winners run with no stop loss or take profit - positions close only when opposite signals occur. Also, the 3 hour timeframe works VERY well—just a lot less trades. 📈 Proven Performance This strategy has been backtested and optimized on multiple blue-chip stocks with 80-90%+ win rates on 1-hour timeframes from Aug 2025 through Oct 2025: ✅ V (Visa) - Payment processor ✅ MSFT (Microsoft) - Large-cap tech ✅ WMT (Walmart) - Retail leader ✅ IWM (Russell 2000 ETF) - Small-cap index ✅ NOW (ServiceNow) - Enterprise software ✅ WM (Waste Management) - Industrial services These stocks tend to mean-revert at extremes, making them ideal candidates for this reversal-based approach. I only list these as a way to show you the performance of the script. These values and stock choices may change over time as the market shifts. Keep testing! 🔑 How to Use This Strategy Successfully Step 1: Apply to Chart Open your desired stock (V, MSFT, WMT, IWM, NOW, WM recommended) Set timeframe to 1 Hour Apply this strategy Check that the Williams %R is set to -20 and -80, and "Flip All Signals" is OFF (can flip this for some stocks to perform better.) Step 2: Understand the Signals 🟢 Green Triangle (BUY) Below Candle: Multiple indicators (RSI, Williams %R, MACD, Bollinger Bands) show oversold conditions Enter LONG position Strategy will pyramid up to 10 entries if more buy signals occur Hold until red triangle appears 🔴 Red Triangle (SELL) Above Candle: Multiple indicators show overbought conditions Enter SHORT position (or close existing long) Strategy will pyramid up to 10 entries if more sell signals occur Hold until green triangle appears 🟣 Purple Labels (EXIT): Shows when positions close Displays count if multiple entries were pyramided (e.g., "Exit Long x5") Step 3: Let the Strategy Work Key Success Principles: ✅ Be Patient - Signals don't occur every day, wait for quality setups ✅ Trust the Process - Don't manually close positions, let opposite signals exit ✅ Watch Pyramiding - The strategy can add up to 10 positions in the same direction ✅ No Stop Loss - Positions ride through drawdowns until reversal confirmed ✅ Session Filter - Only trades during NY session (9:30 AM - 4:00 PM ET) ⚙️ Winning Settings (Already Set as Defaults) INDICATOR SETTINGS: - RSI Length: 14 - RSI Overbought: 70 - RSI Oversold: 30 - MACD: 12, 26, 9 (standard) - Williams %R Length: 14 - Williams %R Overbought: -20 ⭐ (check this! And adjust to your liking) - Williams %R Oversold: -80 ⭐ (check this! And adjust to your liking) - Bollinger Bands: 20, 2.0 - Volume MA: 20 periods - Volume Multiplier: 1.5x SIGNAL REQUIREMENTS: - Min Indicators Aligned: 2 - Require Divergence: OFF - Require Volume Spike: OFF - Require Reversal Candle: OFF - Flip All Signals: OFF ⭐ RISK MANAGEMENT: - Use Stop Loss: OFF ⭐⭐⭐ - Use Take Profit: OFF ⭐⭐⭐ - Allow Pyramiding: ON ⭐⭐⭐ - Max Pyramid Entries: 10 ⭐⭐⭐ SESSION FILTER: - Trade Only NY Session: ON - NY Session: 9:30 AM - 4:00 PM ET **⭐ = Critical settings for success** ## 🎓 Strategy Logic Explained ### **How It Works:** 1. **Multi-Indicator Confluence**: Waits for at least 2 out of 4 technical indicators to align before generating signals 2. **Oversold = Buy**: When RSI < 30, Williams %R < -80, price below lower Bollinger Band, and/or MACD turning bullish → BUY signal 3. **Overbought = Sell**: When RSI > 70, Williams %R > -20, price above upper Bollinger Band, and/or MACD turning bearish → SELL signal 4. **Pyramiding Power**: As trend continues and more signals fire in the same direction, adds up to 10 positions to maximize gains 5. **Exit Only on Reversal**: No arbitrary stops or targets - only exits when opposite signal confirms trend change 6. **Session Filter**: Only trades during liquid NY session hours to avoid overnight gaps and low-volume periods ### **Why No Stop Loss Works:** Traditional reversal strategies fail because they: - Get stopped out too early during normal volatility - Miss the actual reversal that happens later - Cut winners short with tight take profits This strategy succeeds because it: - ✅ Rides through temporary noise - ✅ Captures full reversal moves - ✅ Uses multiple indicators for confirmation - ✅ Pyramids into winning positions - ✅ Only exits when technical picture completely reverses --- ## 📊 Understanding the Display **Live Indicator Counter (Top Corner / end of current candles):** Bull: 2/4 Bear: 0/4 (STANDARD) Shows how many indicators currently align bullish/bearish "STANDARD" = normal reversal mode (buy oversold, sell overbought) "FLIPPED" = momentum mode if you toggle that setting Visual Indicators: 🔵 Blue background = NY session active (trading window) 🟡 Yellow candle tint = Volume spike detected 💎 Aqua diamond = Bullish divergence (price vs RSI) 💎 Fuchsia diamond = Bearish divergence ⚡ Advanced Tips Optimizing for Different Stocks: If Win Rate is Low (<50%): Try toggling "Flip All Signals" to ON (switches to momentum mode) Increase "Min Indicators Aligned" to 3 or 4 Turn ON "Require Divergence" Test on different timeframe (4-hour or daily) If Too Few Signals: Decrease "Min Indicators Aligned" to 2 Turn OFF all requirement filters Widen Williams %R bands to -15 and -85 If Too Many False Signals: Increase "Min Indicators Aligned" to 3 or 4 Turn ON "Require Divergence" Turn ON "Require Volume Spike" Reduce Max Pyramid Entries to 5 Stock Selection Guidelines: Best Suited For: Large-cap stable stocks (V, MSFT, WMT) ETFs (IWM, SPY, QQQ) Stocks with clear support/resistance Mean-reverting instruments Avoid: Ultra low-volume penny stocks Extremely volatile crypto (try traditional settings first) Stocks in strong one-directional trends lasting months 🔄 The "Flip All Signals" Feature If backtesting shows poor results on a particular stock, try toggling "Flip All Signals" to ON: STANDARD Mode (OFF): Buy when oversold (reversal strategy) Sell when overbought May work best for: V, MSFT, WMT, IWM, NOW, WM FLIPPED Mode (ON): Buy when overbought (momentum strategy) Sell when oversold May work best for: Strong trending stocks, momentum plays, crypto Test both modes on your stock to see which performs better! 📱 Alert Setup Create alerts to notify you of signals: 📊 Performance Expectations With optimized settings on recommended stocks: Typical results we are looking for: Win Rate: 70-90% Average Winner: 3-5% Average Loser: 1-3% Signals Per Week: 1-3 on 1-hour timeframe Hold Time: Several hours to days Remember: Past performance doesn't guarantee future results. Always use proper risk management.
Pine Script® strategy
by OhRayOhRay
2
DRACO TOMAS EMA Trend Follower🐉 DRACO TOMAS EMA Trend Follower Description: The DRACO TOMAS EMA Trend Follower is a simple yet powerful trend-following strategy designed to capture directional moves based on exponential moving average (EMA) crossovers. It automatically detects trend changes and manages positions dynamically. Core Logic: The strategy uses two EMAs — a Fast EMA (default 12) and a Slow EMA (default 21) — to identify the market trend. When the Fast EMA crosses above the Slow EMA, the strategy opens a long position, signaling bullish momentum. When the Fast EMA crosses below the Slow EMA, the strategy opens a short position, signaling bearish momentum. The color of the EMAs changes dynamically: green for uptrends, red for downtrends. Exit rules: Longs are closed when the EMAs turn red (trend reversal to bearish). Shorts are closed when the EMAs turn green (trend reversal to bullish). Position Sizing: The system uses 10% of equity per trade by default, allowing flexible risk management and compounding. Purpose: Designed for traders who want a clean and efficient EMA crossover system to follow trends automatically on any timeframe or asset. Best Used For: Swing trading and trend confirmation Identifying major directional shifts Testing EMA-based momentum systems
Pine Script® strategy
by tomasgudanavicius
1
Tristan's Multi-Indicator Reversal StrategyMulti-Indicator Reversal Strategy - Buy Low, Sell High A comprehensive reversal detection system that combines multiple proven technical indicators to identify high-probability entry points for catching reversals at market extremes. 📊 Strategy Overview This strategy is designed for traders who want to buy at lows and sell at highs by detecting when stocks are overextended and ready to reverse. It works by requiring multiple technical indicators to align before generating a signal, significantly reducing false entries. Best Used On: Timeframe: 1-hour charts (also works on 15min, 30min, 4hour) Session: NY Trading Session (9:30 AM - 4:00 PM ET) Assets: Stocks, ETFs, Crypto (particularly volatile tech stocks like ZM, TSLA, AAPL) Trading Style: Swing trading, Intraday reversals 🔧 Technical Components The strategy combines FIVE powerful technical indicators: 1. RSI (Relative Strength Index) 2. MACD (Moving Average Convergence Divergence) 3. Williams %R 4. Bollinger Bands 5. Volume Analysis 6. Divergence Detection (Optional) 🎨 Visual Signals Entry Signals: 🟢 Green Triangle (below candle) = BUY LONG signal 🔴 Red Triangle (above candle) = SELL SHORT signal Exit Signals: 🟣 Purple Label = Position closed (shows "x2", "x3" if multiple entries) Additional Indicators: 💎 Aqua Diamond = Bullish divergence detected 💎 Fuchsia Diamond = Bearish divergence detected 🔵 Blue Background = NY Session active 🟡 Yellow Bar Tint = Volume spike detected ⚪ Small Circles = Near-signal conditions (2+ indicators aligned) Live Counter: Top corner shows: "Bull: X/4" and "Bear: X/4" Indicates how many indicators currently align ⚙️ How to Use This Strategy For Beginners (More Signals): Set "Min Indicators Aligned" to 2 Turn OFF "Require Divergence" Turn OFF "Require Volume Spike" Turn OFF "Require Reversal Candle Pattern" Keep "Allow Multiple Entries" OFF This gives you more frequent signals to learn from. For Advanced Traders (High Probability): Set "Min Indicators Aligned" to 3 or 4 Turn ON "Require Divergence" Turn ON "Require Volume Spike" Turn ON "Require Reversal Candle Pattern" Adjust stop loss to your risk tolerance This filters for only the highest-quality setups. Recommended Settings for 1-Hour Charts: Min Indicators Aligned: 3 Stop Loss: 2.5% Take Profit: 5.0% RSI Length: 14 Williams %R Length: 14 Volume Multiplier: 1.5x Session: NY only (for stocks) BUY SIGNAL generated when: 2-4 indicators show oversold/bullish conditions: RSI < 30 and turning up MACD crossing bullish or histogram positive Williams %R < -80 and turning up Price at/below lower Bollinger Band Optional confirmations (if enabled): Bullish divergence detected Volume spike present Bullish reversal candle pattern Session filter: Signals only during NY trading hours SELL SIGNAL Generated When: 2-4 indicators show overbought/bearish conditions: RSI > 70 and turning down MACD crossing bearish or histogram negative Williams %R > -20 and turning down Price at/above upper Bollinger Band Optional confirmations (if enabled): Bearish divergence detected Volume spike present Bearish reversal candle pattern 🛡️ Risk Management Features Automatic Stop Loss: Protects capital (default 2.5%) Take Profit Target: Locks in gains (default 5.0%) Pyramiding Control: Toggle to prevent position stacking Session Filter: Avoids overnight risk and low-liquidity periods Position Flipping: Automatically reverses when opposite signal appears 💡 Best Practices ✅ DO: Wait for candle close before entering (built into strategy) Use on volatile assets with clear trends Combine with your own analysis and risk management Backtest on your specific assets and timeframes Start with paper trading to learn the signals Adjust indicator requirements based on market conditions ❌ DON'T: Use on very low timeframes (<5 min) without adjustment Ignore the session filter on stocks Use maximum leverage - these are reversal trades Trade during major news events or earnings Expect 100% win rate - focus on risk/reward ratio 📊 Performance Notes This strategy prioritizes quality over quantity. With default settings, you may see: 2-5 signals per week on 1-hour charts Higher win rate with stricter settings (3-4 indicators aligned) Best performance during trending markets with clear reversals Reduced performance in choppy, sideways markets Tip: Adjust "Min Indicators Aligned" based on market conditions: Trending markets: Use 3-4 (fewer but stronger signals) Range-bound markets: Use 2 (more signals, but watch for false breakouts)
Pine Script® strategy
by OhRayOhRay
MACD + Supertrend + DEMA StrategySTRATEGY 📊 STRATEGY LOGIC: Long Entry: When ALL of these occur simultaneously: MACD histogram crosses above 0 Supertrend is bullish (green) Short DEMA > Long DEMA Short Entry: When ALL of these occur simultaneously: MACD histogram crosses below 0 Supertrend is bearish (red) Short DEMA < Long DEMA Exits: Based on your TP/SL percentages from entry price This follows the same clean structure as your MACD strategy but adds the alignment concept and proper risk management!
Pine Script® strategy
by bdmasood
MTF MACD + Accelerator Oscillator Strategy ※日本語説明は英文の下にあります。 Concept: This is a multi-timeframe trend-following strategy that combines: Higher timeframe MACD → determines the major trend direction. Lower timeframe Accelerator Oscillator (AC) → identifies acceleration in momentum for optimal entry timing. The strategy enters trades in the direction of the higher timeframe trend when the AC shows a momentum acceleration. Entry Rules: Long (Buy): Higher timeframe MACD line > signal line (uptrend) AC crosses above zero line on the lower timeframe Short (Sell): Higher timeframe MACD line < signal line (downtrend) AC crosses below zero line on the lower timeframe Exit Rules: Take Profit: ATR(14) * 1.5 (configurable) Stop Loss: ATR(14) * 1.0 (configurable) Exit on opposite signal or if TP/SL is hit Plotting: AC is plotted on the chart (green for positive, red for negative) Buy/Sell signals are marked with small triangles below/above bars Customization: Timeframe, MACD parameters, ATR multipliers can be adjusted in the input settings. Works for scalping, day trading, or swing trading on various instruments. --------------------------------------------------------------------- コンセプト: この戦略はマルチタイムフレームのトレンドフォロー型で、以下を組み合わせています： 上位足MACD → 大きなトレンド方向を確認 下位足Accelerator Oscillator（AC） → モメンタム加速のタイミングを捉え、最適なエントリーを判断 上位足のトレンド方向に沿って、下位足でACが勢いの加速を示したタイミングでエントリーします。 エントリールール: ロング（買い）: 上位足MACDライン > シグナルライン（上昇トレンド） 下位足ACが0ラインを上抜け ショート（売り）: 上位足MACDライン < シグナルライン（下降トレンド） 下位足ACが0ラインを下抜け エグジットルール: 利確：ATR(14) * 1.5（設定可能） 損切り：ATR(14) * 1.0（設定可能） 逆シグナル発生時やTP/SL到達時にも決済 チャート表示: ACはチャート上にプロット（正なら緑、負なら赤） 買い／売りシグナルはバーの下／上に小さな三角で表示 カスタマイズ: 時間足、MACDパラメータ、ATR倍率は入力設定で変更可能 スキャルピング、デイトレード、スイングトレードなど幅広く利用可能
Pine Script® strategy
by mamachi-
ALMASTO – Pro Trend & Momentum (v1.1)ALMASTO — Pro Trend & Momentum Strategy Description: This strategy is designed for precision trading in both Forex (FX) and Crypto markets. It combines multi-timeframe trend confirmation (EMA200), momentum filters (RSI, MACD, ADX), and ATR-based dynamic risk management. ALMASTO — Pro Trend & Momentum Strategy automatically manages take-profit levels, stop-loss, and breakeven adjustments once TP1 is reached — providing a structured and emotion-free trading approach. Optimal Use Works best on lower timeframes (5m–15m) with strong liquidity sessions. Optimized for pairs like EURUSD, XAUUSD, and BTCUSDT. Built for trend-following setups and momentum reversals with high volatility confirmation. Recommended Settings 🔹 Forex – 5m EMA Fast = 34, EMA Slow = 200, HTF = 1H RSI (14): Long ≥ 55 / Short ≤ 45 MACD (8 / 21 / 5), ADX Len 10 / Min 27 ATR Len 7, Stop Loss = ATR × 2.1 TP1 = 1.1 RR, TP2 = 2.3 RR Session = 07:00–11:00 & 12:30–16:00 (Exchange Time) Risk = 0.8% per trade 🔹 Forex – 15m EMA Fast = 50, EMA Slow = 200, HTF = 4H RSI (14): Long ≥ 53 / Short ≤ 47 MACD (12 / 26 / 9), ADX Min 24 ATR Len 10, SL = ATR × 1.9 TP1 = 1.2 RR, TP2 = 2.6 RR Risk = 1.0% per trade 🔹 Crypto – 5m (BTC/USDT) EMA Fast = 34, EMA Slow = 200, HTF = 4H RSI (14): Long ≥ 56 / Short ≤ 44 MACD (8 / 21 / 5), ADX Min 30 ATR Len 7, SL = ATR × 2.2 TP1 = 1.0 RR, TP2 = 2.5 RR Session = 00:00–06:00 & 12:00–22:00 (UTC) Risk = 0.5% per trade Core Features ✅ Auto breakeven after TP1 ✅ Dual take-profit system (1:1 & 1:2 RR) ✅ ATR-based stop & trailing logic ✅ Filters for session time, volume, and volatility ✅ Candle-body vs ATR size filter to avoid noise ✅ Optional cooldown between trades Important Notes Use bar close confirmation only (barstate.isconfirmed) to avoid repainting on lower timeframes. Adjust commission (0.01–0.03%) and slippage (1–2 ticks) in Strategy Tester for realistic results. Avoid low-liquidity hours (after 21:00 UTC for FX / after midnight for crypto). Backtest using realistic broker data (e.g., BlackBull Markets / Bybit / Binance Futures). Best results occur during London & New York sessions with moderate volatility. ⚠️ Disclaimer This script is for educational and research purposes only. It does not constitute financial advice. Use proper risk management and test thoroughly before using on live accounts. Developed by KING FX Labs Built and optimized by Yousef Almasto — combining advanced price-action logic, multi-timeframe EMA structure, and volatility-adaptive ATR management. Tested across Forex, Gold, and Crypto markets to ensure consistent performance and minimal drawdown. 📈 “Precision Trading. Zero Emotion. Pure Momentum.”
Pine Script® strategy
by ALMASTO-TRADING-SYSTEM
Twin Range Filter StrategyClarity Over Confusion: See price action through a全新的 lens. Watch as erratic, choppy movements are smoothed into a clear, actionable trajectory. The path of least resistance becomes obvious. Confidence Over Hesitation: Receive high-probability entry and exit signals with a proven logic that waits for the market to commit before you do. No more second-guessing. Discipline Over Emotion: Our algorithm enforces a systematic approach, helping you avoid emotional FOMO chasing and panic selling. Stick to the plan and execute with precision. What Can You Expect? Dynamic Adaptability: Unlike static indicators, continuously adapts to volatility. It widens its filter in turbulent markets to avoid whipsaws and tightens it in trending markets to capture more of the move. The Power of Two: By synthesizing data from two distinct market perspectives, it confirms strength and filters out weakness, providing a confluence that standalone indicators simply cannot match. Clean, Unambiguous Signals: We’ve eliminated the clutter. The software provides clear visual alerts (Green Arrows for Long, Red Arrows for Short) right on your chart, telling you exactly when the equilibrium has shifted. Who is this for? Swing Traders looking to capture the heart of a trend and avoid false breakouts. Day Traders needing a reliable filter to navigate volatile intraday action. Systematic Traders seeking a robust logic layer to add to their automated strategy. Anyone overwhelmed by indicator overload and craving a single, trusted source of truth on their chart
Pine Script® strategy
by mariadigo234233