Highs&LowsShows Higher Highs, Higher Lows, Lower Lows & Lower Highs based off of Bill Williams fractals.
I use this mainly by shorting a break of the higher lows marked in yellow.
A long signal would be a candle close above a lower high (less reliable)
Alerts can be set with the secondary indicator below the chart.
Higher Lows / Lower Highs Alerts -https://www.tradingview.com/script/Ka1yXqRj-Higher-Lows-Lower-Highs-Alerts/
Search in scripts for "williams"
Accumulation/Distribution Level (ADL) [Cyrus c|:D]This indicator shows Accumulation/Distribution level which can be used for confirming trends or reversals (via divergence). It is an alternative to Chaikin's Accumulation/Distribution Line (ADL) and On Balance Volume (OBV) indicators. It can also replicate PVT and OBV via options in the input menu.
Here is a comparison of four related indicators:
OBV is too simple and has serious flaws as explained in PVT's wiki.
Chaikin's ADL is a broken indicator as can be seen in the chart below:
A/D Level addresses the flaws in these two indicators. It simply sums up portions of the volume that contributes to price change. These portions are visualized in dark green and red on "Accumulation/Distribution Volume (ADV)" indicator. This can also be achieved by ADV indicator if you are nerd enough.
PS: There is Williams A/D as well which is also a broken indicator.
Advanced Larry Williams 9.2- By EduHit rate greater than Setup 9.1
However, the stop of this setup becomes more expensive in certain situations.
PURCHASE SIGN
1 - Paper comes in a bullish trend in the operational term to be operated.
2 - Exponential moving average of 9 upward periods.
3 - Wait for a candle to make the largest closing (candle reference).
4 - If the next candle CLOSES below the minimum of the candle reference the setup is armed.
5 - Mark the candle maxim that closed below the reference. It's the trigger!
6 - If the next candle exceeds this maximum by 1 cent the trade is triggered. Put the stop loss at the low of the candle that closed below (0.01 to 0.10 below)
7 - If the next candle does not fire, let's lower the trigger to the lower maximums, SINCE the mm9exp does not turn down.
8 - It exceeded the maximum we will have the entrance.
9 - Original stop-loss in the minimum of the candle we set the maximum activated.
SIGN OF SALE
1 - Paper comes in a downtrend in the operating period to be operated.
2 - Exponential moving average of 9 periods descending.
3 - Wait for a candle that makes the lowest closing (candle reference).
4 - If the next candle CLOSE above the maximum of the reference candle the setup is armed.
5 - Bookmark the candle that closed above the reference. It's the trigger!
6 - If the next candle breaks this minimum, the trade is triggered.
7 - Place the stop-loss at the maximum of the candle that closed up.
8 - If the next candle does not trigger, we will raise the trigger to the highest minimums SINCE the exponential moving average of 9 periods does not turn upwards.
9 - It broke the minimum we will have the entrance.
10 - Stop-loss original in the maximum of the candle that we set the minimum activated.
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Índice de acerto Superior ao Setup 9.1
Porém o stop deste setup acaba se tornando mais caro em determinadas situações.
SINAL DE COMPRA
1 - Papel vem em tendência de alta no prazo operacional a ser operado.
2 - Média móvel exponencial de 9 períodos ascendente.
3 - Aguardar um candle que faça o maior fechamento (candle referência).
4 - Se o próximo candle FECHAR abaixo da mínima do candle referência o setup está armado.
5 - Marcar a máxima do candle que fechou abaixo do referência. É o gatilho!
6 - Se o próximo candle superar essa máxima em 1 centavo o trade é acionado. Colocar o stop-loss na mínima do candle que fechou abaixo (0,01 a 0,10 abaixo)
7 - Se o próximo candle não acionar, vamos abaixando o gatilho para as máximas menores DESDE QUE a mm9exp não vire para baixo.
8 - Superou a máxima teremos a entrada.
9 - Stop-loss original na mínima do candle que marcamos a máxima ativada.
SINAL DE VENDA
1 - Papel vem em tendência de baixa no prazo operacional a ser operado.
2 - Média móvel exponencial de 9 períodos descendente.
3 - Aguardar um candle que faça o menor fechamento (candle referência).
4 - Se o próximo candle FECHAR acima da máxima do candle referência o setup está armado.
5 - Marcar a mínima do candle que fechou acima do referência. É o gatilho!
6 - Se o próximo candle romper essa mínima o trade é acionado.
7 - Colocar o stop-loss na máxima do candle que fechou acima.
8 - Se o próximo candle não acionar, vamos levantando o gatilho para as mínimas maiores DESDE QUE a média móvel exponencial de 9 períodos não vire para cima.
9 - Rompeu a mínima teremos a entrada.
10 - Stop-loss original na máxima do candle que marcamos a mínima ativada.
Mapping 9.1 / 9.2 / 9.3 (v2.1)Hi, This is my first pine script
It helps to map the first reference candles for the setups 9.1 9.2 and 9.1 from Larry Williams
Many thanks to Mr. Alexandre Fernandes Palex for the many public tutorials and videos about this setups.
You can find his very rich reference in his blog
Now, lets go to the mapping strategy.
1) At first, we test if the ema 9 is up or down
if it is Up the background is painted yellow and you can find the reference candles for the setups
if it is down the background is Gray and you can find the reference candles for the setups
2) Then we compare the close, highs and lows if the candle match some of the setup rules, and if match we plot a sign in the reference candle with the name of respective setup, now you can decide in the next candle if it is eligible for an entry SHORT/LONG position.
Please, few free to comment and tell me any inconsistency and possible upgrades...
Later as soon I’m get used withe pine script I will improve this script with more and more features
Best regards,
Alberto van Drunen
Alberto van Drunen
Chaos 3DSimply trended trade system like Bill Williams's "Profitunity".
Watch transit + rollback first!
Dynamic Range Channel [DW]This is an experimental study that utilizes Kaufman's Adaptive Moving Average and the McGinley Dynamic.
First, a fast and slow KAMA based McGinley Dynamic are calculated. The divergence between them is used to indicate wave direction.
The channel's bounds are calculated by taking the highest high and lowest low of the slow McGinley Dynamic over a specified channel period.
The dynamic midline is calculated by taking the mean of the highest and lowest values over the specified channel period.
Custom bar colors are included.
Also includes Williams Fractals for additional confirmation signals.
Anomaly Indicator V1.1 The Anomaly Indicator is an idea I recently come up with. Its very simple, yet it can be extremely useful. The Anomaly indicator detects the current and general trend channels. When the yellow line which is the current channel, exits the general channel this will usually mean an anomaly. Anomalies can vary within meaning, from a trend reversal, a market change (trending or rangebound) and lastly it can also give you an entering point. You can even use it to know the volatility of the market.
This is a very early version of the indicator and has pre-set values. I personally use it among a 5 minute chart for daytrading.
NOTE : Have in mind my indicator as ny other is not perfect, it might give fake signals. I suggest using Williams Alligator, and RSI with it. Best of luck. Follow my predictions under your own risk.
Money Flow Indicator (Chaikin Oscillator) Indicator plots Money Flow Indicator (Chaikin). This indicator looks
to improve on Larry William's Accumulation Distribution formula that
compared the closing price with the opening price. In the early 1970's,
opening prices for stocks stopped being transmitted by the exchanges.
This made it difficult to calculate Williams' formula. The Chaikin
Oscillator uses the average price of the bar calculated as follows
(High + Low) /2 instead of the Open.
The indicator subtracts a 10 period exponential moving average of the
AccumDist function from a 3 period exponential moving average of the
AccumDist function.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Money Flow Indicator (Chaikin Oscillator) Strategy Indicator plots Money Flow Indicator (Chaikin). This indicator looks
to improve on Larry William's Accumulation Distribution formula that
compared the closing price with the opening price. In the early 1970's,
opening prices for stocks stopped being transmitted by the exchanges.
This made it difficult to calculate Williams' formula. The Chaikin
Oscillator uses the average price of the bar calculated as follows
(High + Low) /2 instead of the Open.
The indicator subtracts a 10 period exponential moving average of the
AccumDist function from a 3 period exponential moving average of the
AccumDist function.
WARNING:
This script to change bars colors.
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.
Momentum Willams %RMomentum of Williams %R, idea from Vaicru a Trading view user, I just plot it. This is a good indicator to find divergence and easy to read; if the price and the momentun going to opposite direction, something is going to happen. Be carefull as it can anticipate inversion too early.
Vix FIX / StochRSI StrategyThis strategy is based off of Chris Moody's Vix Fix Indicator . I simply used his indicator and added some rules around it, specifically on entry and exits.
Rules :
Enter upon a filtered or aggressive entry
If there are multiple entry signals, allow pyramiding
Exit when there is Stochastic RSI crossover above 80
This works great on a number of stocks. I am keeping a list of stocks with decent Profit Factors and clean equity curves here .
Possible ways to use this:
Modify this script and setup alerts around the various entries
Use as is with different stocks or currency pairs
Modify entry / exit points to make it more profitable for even more symbols and currencies
PPO Divergence AlertsThis is a pretty straightforward script that adds alerts to Pekipek's excellent PPO Divergence indicator and changes the visuals a bit. You can have the alerts fire on these events:
Purple Circle (bullish signal)
Orange Circle (bearish signal)
Green Dot (High Point)
Red Dot (Low Point)
I use this on daily Forex charts to get alerts when purple or orange dots show. As you can see, it catches a lot of big moves, some of which can give insane returns if you're 200x leveraged on the likes of 1Broker.com. In regards to reducing false signals, I'm getting good results with a Williams %R but would love to hear any suggestions.
Edit: Oops. Box #6 in the example should be yellow, not purple.
Acceleration/Deceleration B.WilliamsAcceleration/Deceleration Indicator (AC). These indicators were invented by Bill M. Williams, and are described in his book, New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds, and Commodities.
Enjoy:)
CM_Laguerre PPO PercentileRank Mkt Tops & BottomsCustom Code that Finds Market Tops & Bottoms!!!
CM_Laguerre PPO PercentileRank V2 Mkt Tops & Bottoms
Original Laguerre PPO code was Created by TheLark.
Special Thanks to coondawg71 and ChartArt for Great Insights
This Is Version 2 Of This Indicator that now Finds Market Tops and Bottoms.
Coming Next…Upper Indicator Pinpointing Entries Based on Price Action!!!
See Original Post Below For Detailed Information.
Other Indicators That Show Market Bottoms Well.
CM ATR PERCENTILERANK - GREAT FOR SHOWING MARKET BOTTOMS!
GREAT CONFIRMING INDICATOR FOR THE WILLIAMS VIX FIX
TWO TRADING SYSTEMS - BASED ON EXTREME MOVES!!!
CM_Laguerre PPO PercentileRank - Markets ToppingCustom Code that Finds Market Tops!!!
CM_Laguerre PPO PercentileRank - Markets Topping
Original Laguerre PPO code was Created by TheLark.
I found if I applied a Percent Rank of the PPO to view Extreme Moves in the PPO it was great at showing Market Tops.
Features via Inputs Tab:
Ability to set all PPO Indicator Values.
Ability to set Warning Threshold Line Value and Extreme Percentile Threshold Line Values.
Ability to turn On/Off Warning and Extreme Percentile Rank Lines.
***I’ve found this Indicator to be Valid…However, I have NOT Extensively tested the Settings. Initially setting the LookBack Period to 200 on A Daily chart with a 90 Extreme Percentile Rank Value works Good. Some charts changing the Lookback period to 50 an draisisng the Extreme Percentile Rank Line to 95 Works Great.
***To Be Blunt…When I look at the underlying Indicator…I don’t know why this Shows Us What It Does When the Percentile Rank Function is applied to it…But For Whatever Reason…It Just Works.
***If you Find Very Useful Settings Please Post Below
Other Indicators That Show Market Bottoms Well.
CM ATR PERCENTILERANK - GREAT FOR SHOWING MARKET BOTTOMS!
GREAT CONFIRMING INDICATOR FOR THE WILLIAMS VIX FIX
TWO TRADING SYSTEMS - BASED ON EXTREME MOVES!!!
CM_Williams_Vix_Fix Finds Market BottomsLarry Williams Developed This Incredible Indicator. It Gives The Same Readings The VIX does for Stock Index’s…But This Indicator Works on All Asset Classes.
I Customized The Settings Slightly To Create “Percentile” Based Highlight Bars…So You May Need To Adjust Slightly For Your Asset Class. These Are The Standard Settings Shown Here. Designed For Daily Charts…But Works GREAT On Intra-Day Charts!!!
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million.
A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day.
The formula worked so well…Owen charged other Traders 1K to get it.
I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low.
While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low.
Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out.
***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts.
***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Klinger Volume Oscillator (KVO) The Klinger Oscillator (KO) was developed by Stephen J. Klinger. Learning
from prior research on volume by such well-known technicians as Joseph Granville,
Larry Williams, and Marc Chaikin, Mr. Klinger set out to develop a volume-based
indicator to help in both short- and long-term analysis.
The KO was developed with two seemingly opposite goals in mind: to be sensitive
enough to signal short-term tops and bottoms, yet accurate enough to reflect the
long-term flow of money into and out of a security.
The KO is based on the following tenets:
Price range (i.e. High - Low) is a measure of movement and volume is the force behind
the movement. The sum of High + Low + Close defines a trend. Accumulation occurs when
today's sum is greater than the previous day's. Conversely, distribution occurs when
today's sum is less than the previous day's. When the sums are equal, the existing trend
is maintained.
Volume produces continuous intra-day changes in price reflecting buying and selling pressure.
The KO quantifies the difference between the number of shares being accumulated and distributed
each day as "volume force". A strong, rising volume force should accompany an uptrend and then
gradually contract over time during the latter stages of the uptrend and the early stages of
the following downtrend. This should be followed by a rising volume force reflecting some
accumulation before a bottom develops.
Money Flow Indicator (Chaikin Oscillator) Indicator plots Money Flow Indicator (Chaikin). This indicator looks
to improve on Larry William's Accumulation Distribution formula that
compared the closing price with the opening price. In the early 1970's,
opening prices for stocks stopped being transmitted by the exchanges.
This made it difficult to calculate Williams' formula. The Chaikin
Oscillator uses the average price of the bar calculated as follows
(High + Low) /2 instead of the Open.
The indicator subtracts a 10 period exponential moving average of the
AccumDist function from a 3 period exponential moving average of the
AccumDist function.
Indicator: Market Facilitation Index [MFIndex]
***** NOTE: You may see all GREEN circles (it is due to a recent TV update). To work around this issue, change the "Circles" to "Cross" via Format -> Style *****
Market Facilitation Index, by Bill Williams, plots the effectiveness of price movement by computing the price movement per volume unit.
4 possible combinations of MFIndex and Volume are:
Green :
---------------------------------
MFIndex increases and the volume increases. This means that the amount of participants entering the market increases, therefore the volume increases and the fresh incoming players align their positions in the direction of candlestick growth.
Fade :
------------------------------
MFIndex falls and volume falls. It means that the market participants are indifferent and the price movement is small on small volumes. This usually happens at the end of a trend.
Fake :
------------------------------
MFIndex increases, but the volume falls. It is highly likely that the market is being supported by broker speculation and not any significant client volume.
Squat :
--------------------------------
MFIndex falls, but the volume increases. In this particular situation bulls and bears are fighting between themselves to see who will dominate the next trend. These battles are noticeable by the large sell and buy volumes. However, the price does not change appreciably since the strengths are equal. One of the competing parties either the buyers or the sellers will ultimately triumph in the battle. Usually, the fracture of such a candle indicates if this particular candle determines the continuation of the trend, or terminates the trend.
More info: en.wikipedia.org
Code: pastebin.com
