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Bill Williams Indicators

Awesome Oscillator From ScratchHi, traders! Today we’ll speak about one of the most pretty and easy-to-interpret oscillator - Awesome oscillator.The Awesome Oscillator Indicator (AO) is a technical analysis indicator created by Bill Williams as a tool to determine whether bullish or bearish forces dominate the market. It measures the market momentum with the aim to detect potential trend direction or trend reversals. The market momentum is evaluated using a combination of a shorter time frame and longer time frame simple moving averages or stated differently, it considers the recent momentum in comparison with a higher frame momentum. The Awesome Oscillator is calculated as the difference between the newest 5 periods (bars) simple moving average (SMA) and the 34 bars simple moving average. But instead of the closing price, the indicator uses the bar midpoint value. The indicator is plotted as a histogram in a box at the bottom of the chart and the histogram bars are found in either of the two colors red or green (with some trading platforms the lines can be red or blue). When the midpoint value of the last price is higher than the previous bar midpoint, the histogram will be green (blue) and if the midpoint of the last bar is lower compared to the previous bar, it will be red. How to use Awesome Oscillator? There are a variety of strategies which could be used by traders to identify potential trading opportunities. Some of the well-known and basic trading setups are the zero-line and divergence. Awesome Oscillator and zero-line crossovers The basic alerts which are generated by the Awesome Oscillator are identified on the basis of the zero-line cross overs. * A bullish buying opportunity alerts occur when the AO indicator crosses above the zero-line, indicating that the short-term momentum is increasing faster compared to the long term. * A sell opportunity is detected when the indicator crosses below the zero-line mark displaying that the short-term momentum decreases more rapidly than the long-term. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
BEducation
by Skyrexio
How To Tame A Reptile or Williams Alligator From ScratchHi, traders! Have you ever heard about Alligator? Not from Australia or America but Williams Alligator. Both Australian reptile and Williams ‘pet’ have some common – they all have Jaw, Teeth, and Lips. So what is Williams Alligator? As you know, you can get maximum profit during trend markets. You gonna enter to longs or shorts, to take some profit. It’s obvious that trading on choppy (sideways) market can be very dangerous for your funds. Thus, there’s the reasonable question, are you sure that the market has trend. Genius trader Bill Williams was concerned about the problem. That’s why he invented such pretty tool to define if market is trendy or choppy. It’s the first Alligator that’ll help you to earn money, but not spend them in boutiques. So, let’s speak about technical part. The Alligator indicator uses three smoothed moving averages(calculated with a simple moving average), set at 5, 8, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns. The three moving averages comprise the Jaw, Teeth, and Lips of the Alligator, opening, and closing in reaction to evolving trends and trading ranges: 1. Jaw (blue line): Starts with the 13-bar SMMA and is smoothed by eight bars on subsequent values. 2. Teeth (red line): Starts with the eight-bar SMMA and is smoothed by five bars on subsequent values. 3. Lips (green line): Starts with the five-bar SMMA and smoothed by three bars on subsequent values. The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns. The Lips crossing down through the other lines signals a short sale opportunity while crossing upward signals a buying opportunity. Williams refers to the downward cross as the alligator "sleeping" and the upward cross as the alligator "awakening." The three lines stretched apart and moving higher or lower denote trending periods in which long or short positions should be maintained and managed. This is referred to as the alligator "eating with mouth wide open." Indicator lines converging into narrow bands and shifting toward a horizontal direction denote periods in which the trend may be coming to an end, signaling the need for profit-taking and position realignment. This indicates the alligator is "sated." The indicator will givefalse positives when the three lines are crisscrossing each other repeatedly, due to choppy market conditions. According to Williams, the alligator is "sleeping" at this time. Remain on the sidelines until it wakes up again. This exposes a significant drawback of the indicator because many awakening signals within large ranges will fail, triggering whipsaws.
Education
by Skyrexio
3
How long will the USDCAD continue to move?The USDCAD pair has crossed the resistance level of 1.2201 and it can be said that the formation of the price floor at the rate of 1.2005 has been confirmed. The USDCAD has moved up from the support level of 1.2061-1848, and the short-term trend of the US dollar against the Canadian dollar is up to the resistance area of ​​1.2653-1.263. From the sellers' point of view, with the failure of the support of 1.2155, the short-term market trend will be neutralized.
by masoumi57
$SHOP more than just a COVID phenomenaGreat run from low of $1025 on May 13th. Don’t think this run is over, but $SHOP appears to be finding resistance at $1245 level. Expecting more upside, but might be range bound between P and R1 pivots, near-term. P= 1180, R1= 1290, approximately. Pivots shown on this graph are Traditional, Weekly pivots. Dashed line = 100 day linear regression. Also note correlation between 2021 movements (from peak and trough) with Williams %R below main chart.
NYSE:SHOPLong
by goledger
1
Baic Motor is completely undervalued It reached what appears to be a bottom on March 15. It is almost 80% below its all-time high of January 2018. The awesome oscillator is on the downside, heralding a possible reversal. Although last year its profits fell compared to 2019, the trend is still upward, that is, it is becoming more profitable, with 2020 being an exception. It is one of the largest car manufacturers in China, also having a presence in various parts of South America and Asia, whose models sell quite well. It is working to develop new technology and introduce more electric vehicles to its fleet. In general it has good fundamental and future potential, I still think that its price is unjustified. If you want to have more details about the company, I recommend reading its 2020 annual report. HKEX:1958 OTC:BMCLF OTC:BCCMY
HKEX:1958Long
by amateur_trad3r
2
Burger Good Longterm InvestmentI invested today on BURGER once the price touched the lips of the alligator, the Green Line. I have analysed the project and I find it similar with AAVE and has great potential to rise to 400-500 per coin if not more in the next few months. Lets see. You could make even more profit from the trend if you trade it in smaller timeframes cause I see it has a bit high volatility. I expect to make my capital about 100x times from the size it is from the BURGER coin till it reaches the 20x increase and compete with AAVE in market capitalisation, by trading it in smaller timeframes. The transaction fees are much lower than AAVE and has a crosschain function as well. Follow me to stay updated with more of my simple trading IDEAS ! Hope to be correct and good luck to all!
Long
by leftoudakia
10