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Bill Williams Indicators

FractalsThis indicator is based on the classic Williams Fractals concept. It scans the price chart to identify potential reversal points by looking for fractal patterns in the highs and lows. Here's what it does: Customizable Periods: You can set the number of bars (using the n input) that the indicator examines on both sides of a central bar. Up Fractals: An up fractal is detected when the current bar's high is higher than the highs of the preceding n bars, and it is also confirmed by additional conditions checking the following bars. Down Fractals: Similarly, a down fractal is identified when the current bar's low is lower than the lows of the preceding n bars, with further validation from subsequent bars. Visual Markers: Once identified, up fractals are marked by a small upward-pointing triangle above the bar, while down fractals are marked by a small downward-pointing triangle below the bar. The shapes are kept minimal (using size.auto) to avoid cluttering the chart. This setup helps traders spot potential support and resistance areas, providing visual cues for possible trend reversals.
Pine Script™ indicator
by ThatoGoodwill
My strategyThis strategy follows Kathy Lien’s scalping approach, utilizing the 20 EMA and MACD on the M5 timeframe. - **Entry Conditions**: Enter a trade when the price crosses both the MACD and the 20 EMA, provided the crossover happens within a maximum of 5 candles. - **Stop Loss**: Set at approximately 20 pips. - **Trade Management**: - When the price reaches 1R, close half of the position and move the stop loss to the entry point. - Use a trailing stop, maintaining a 15-pip distance from the 20 EMA.
Pine Script™ strategy
by tranhyen1212
1
Impulse MACD enhancedThis indicator is designed to provide robust trade entry signals by combining multiple technical filters. Here’s a summary of its key components: Impulse MACD Calculation: Uses a Zero-Lag EMA (ZLEMA) based approach to generate a momentum indicator (with a signal line and histogram) that identifies shifts in market momentum. Simulated Higher Timeframe (HTF) Trend Filter: Computes an SMA over a multiplied period to simulate a higher timeframe trend. It requires the price to be in line with this broader trend before signaling an entry. RSI Filter: Ensures that for bullish entries the RSI is above a set threshold (indicating momentum) and for bearish entries it’s below a threshold. ADX Filter: Uses a manually calculated ADX to confirm that the market is in a strong trend (ADX > 30) to reduce false signals in weakly trending or sideways markets. Volume Filter: Compares the current volume to a 20‑bar SMA of volume, requiring volume to be significantly higher (by a user-defined percentage) to confirm the strength of the move. VWAP Confirmation: Uses the Volume-Weighted Average Price as an extra layer of confirmation: bullish signals require the price to be above VWAP, bearish signals below. Optional Long-Term & Short-Term MA Filters: These filters can be enabled to ensure the price is trading above (or below) longer-term and shorter-term moving averages, further aligning the trade with the prevailing trend. ATR Volatility Filter: Checks that volatility (as measured by the ATR relative to price) is below a maximum threshold, which helps avoid taking trades in overly volatile conditions. Price Action Filter: Ensures that for a bullish signal the current close is above the highest high over a specified lookback period (and vice versa for bearish), indicating a clear breakout. Signal Throttling: Signals are limited to one every 10 bars to prevent excessive trading. When all these conditions are met, the indicator outputs an entry signal for either a bullish or bearish trade. This multi-filter approach aims to increase win rate by reducing false signals and aligning trades with strong, confirmed trends while filtering out noise.
Pine Script™ indicator
by Exylus
4EMA_3826_Manh Luan_VN✅ Giữ nguyên logic hiện tại: Khi có tín hiệu BUY hoặc SELL, prevTrend sẽ cập nhật thành 1 hoặc -1. ✅ Reset prevTrend về 0 khi EMA không theo thứ tự: Nếu emaBuy == false và emaSell == false, nghĩa là các đường EMA không thỏa mãn điều kiện sắp xếp theo trend, prevTrend sẽ trở về 0. ✅ Giữ tính năng hiển thị tín hiệu BUY/SELL đúng với thay đổi của trend. Giờ bạn có thể thử lại trên TradingView! 🚀
Pine Script™ indicator
by manhluan_autok32
InnovateX//@version=6 strategy("Candle Stop Strategy Backtest", overlay=true) // --- EMA Variables --- ema7_length = 7 ema25_length = 25 ema99_length = 99 ema7 = ta.ema(close, ema7_length) ema25 = ta.ema(close, ema25_length) ema99 = ta.ema(close, ema99_length) // --- Support and Resistance Calculation --- lookback_support_resistance = 50 support_level = ta.lowest(low, lookback_support_resistance) resistance_level = ta.highest(high, lookback_support_resistance) // --- Candle Stop Function --- is_candle_stop(trend) => body = math.abs(close - open) upper_shadow = high - math.max(open, close) lower_shadow = math.min(open, close) - low if trend == "up" lower_shadow >= 1.5 * body and upper_shadow < body and close > open and math.abs(ema7 - close) < body else if trend == "down" upper_shadow >= 1.5 * body and lower_shadow < body and close < open and math.abs(ema7 - close) < body else false // --- Trend Determination --- trend = ema25 > ema99 ? "up" : ema25 < ema99 ? "down" : "neutral" // --- Breakout Detection --- var bool breakout_detected = false if trend == "up" and close > resistance_level breakout_detected := true alert("شکست صعودی تشخیص داده شد! منتظر پولبک 🚀", alert.freq_once_per_bar) else if trend == "down" and close < support_level breakout_detected := true alert("شکست نزولی تشخیص داده شد! منتظر پولبک 📉", alert.freq_once_per_bar) // --- Entry and Exit Conditions --- var float position = 0.0 var float entry_price = 0.0 var float stop_loss_price = na var bool take_profit_long = false // Declare take_profit_long var bool stop_loss_hit_long = false // Declare stop_loss_hit_long var bool take_profit_short = false // Declare take_profit_short var bool stop_loss_hit_short = false// Declare stop_loss_hit_short risk_per_trade_percent = 2.0 // Risk percentage per trade - adjustable in strategy settings if not breakout_detected if position == 0 and is_candle_stop(trend) risk_amount_usd = strategy.initial_capital * (risk_per_trade_percent / 100) if trend == "up" stop_loss_price := math.min(low, support_level * 0.99) if (close - stop_loss_price) != 0 position_size_usd = risk_amount_usd / (close - stop_loss_price) amount = position_size_usd / close strategy.entry("Long", strategy.long, qty=amount) position := amount entry_price := close else if trend == "down" stop_loss_price := math.max(high, resistance_level * 1.01) if (stop_loss_price - close) != 0 position_size_usd = risk_amount_usd / (stop_loss_price - close) amount = position_size_usd / close strategy.entry("Short", strategy.short, qty=amount) position := amount entry_price := close if position > 0 profit_percent_long = (close - entry_price) / entry_price * 100 profit_percent_short = (entry_price - close) / entry_price * 100 loss_percent_long = (entry_price - close) / entry_price * 100 loss_percent_short = (close - entry_price) / entry_price * 100 risk_reward_long = loss_percent_long != 0 ? profit_percent_long / loss_percent_long : profit_percent_long risk_reward_short = loss_percent_short != 0 ? profit_percent_short / loss_percent_short : profit_percent_short take_profit_long := profit_percent_long >= 4 and risk_reward_long >= 2 // Assign value to take_profit_long stop_loss_hit_long := close <= stop_loss_price // Assign value to stop_loss_hit_long take_profit_short := profit_percent_short >= 4 and risk_reward_short >= 2 // Assign value to take_profit_short stop_loss_hit_short := close >= stop_loss_price // Assign value to stop_loss_hit_short if (trend == "up" and (take_profit_long or stop_loss_hit_long)) or (trend == "down" and (take_profit_short or stop_loss_hit_short)) if trend == "up" strategy.close("Long") else strategy.close("Short") position := 0 entry_price := 0.0 breakout_detected := false // --- Plotting EMAs and Support/Resistance Levels --- plot(ema7, color=color.blue, title="EMA7") plot(ema25, color=color.red, title="EMA25") plot(ema99, color=color.green, title="EMA99") plot(resistance_level, color=color.orange, style=plot.style_line, title="Resistance") plot(support_level, color=color.orange, style=plot.style_line, title="Support")
Pine Script™ strategy
by truthfulMeerka64879
AO+AC(easonlao)该指标基于Awesome Oscillator (AO) 和 Accelerator Oscillator (AC) 的计算结果，动态显示AO的颜色和样式，并绘制AC为黄色线条。 AO的显示规则： 当AO和AC都为正时，AO显示为绿色的直方图。 当AO和AC都为负时，AO显示为红色的直方图。 当AO和AC既不都为正也不都为负时，AO显示为灰色的柱状图。 AC的显示规则： AC始终显示为黄色线条。 This indicator is based on the calculations of the Awesome Oscillator (AO) and the Accelerator Oscillator (AC). It dynamically displays the color and style of AO and plots AC as a yellow line. AO Display Rules: When both AO and AC are positive, AO is displayed as a green histogram. When both AO and AC are negative, AO is displayed as a red histogram. When neither AO nor AC are both positive or both negative, AO is displayed as gray columns. AC Display Rules: AC is always displayed as a yellow line.
Pine Script™ indicator
by easonlao0721
Humble idrees Candles//@version=5 indicator(title="Humble LinReg Candles", shorttitle="41-80-LinReg Candles", format=format.price, precision=4, overlay=true) signal_length = input.int(title="Signal Smoothing", minval = 1, maxval = 200, defval = 11) sma_signal = input.bool(title="Simple MA (Signal Line)", defval=true) lin_reg = input.bool(title="Lin Reg", defval=true) linreg_length = input.int(title="Linear Regression Length", minval = 1, maxval = 200, defval = 11) bopen = lin_reg ? ta.linreg(open, linreg_length, 0) : open bhigh = lin_reg ? ta.linreg(high, linreg_length, 0) : high blow = lin_reg ? ta.linreg(low, linreg_length, 0) : low bclose = lin_reg ? ta.linreg(close, linreg_length, 0) : close r = bopen < bclose signal = sma_signal ? ta.sma(bclose, signal_length) : ta.ema(bclose, signal_length) //plotcandle(r ? bopen : na, r ? bhigh : na, r ? blow: na, r ? bclose : na, title="LinReg Candles", color= color.green, wickcolor=color.green, bordercolor=color.green, editable= true) //plotcandle(r ? na : bopen, r ? na : bhigh, r ? na : blow, r ? na : bclose, title="LinReg Candles", color=color.red, wickcolor=color.red, bordercolor=color.red, editable= true) plot(signal, color=color.black) // Inputs a = input(1, title='Key Vaule. \'This changes the sensitivity\'') c = input(10, title='ATR Period') h = input(false, title='Signals from Heikin Ashi Candles') xATR = ta.atr(c) nLoss = a * xATR src = h ? request.security(ticker.heikinashi(syminfo.tickerid), timeframe.period, close, lookahead=barmerge.lookahead_off) : close xATRTrailingStop = 0.0 iff_1 = src > nz(xATRTrailingStop , 0) ? src - nLoss : src + nLoss iff_2 = src < nz(xATRTrailingStop , 0) and src < nz(xATRTrailingStop , 0) ? math.min(nz(xATRTrailingStop ), src + nLoss) : iff_1 xATRTrailingStop := src > nz(xATRTrailingStop , 0) and src > nz(xATRTrailingStop , 0) ? math.max(nz(xATRTrailingStop ), src - nLoss) : iff_2 pos = 0 iff_3 = src > nz(xATRTrailingStop , 0) and src < nz(xATRTrailingStop , 0) ? -1 : nz(pos , 0) pos := src < nz(xATRTrailingStop , 0) and src > nz(xATRTrailingStop , 0) ? 1 : iff_3 xcolor = pos == -1 ? color.red : pos == 1 ? color.green : color.blue ema = ta.ema(src, 1) above = ta.crossover(ema, xATRTrailingStop) below = ta.crossover(xATRTrailingStop, ema) buy = src > xATRTrailingStop and above sell = src < xATRTrailingStop and below barbuy = src > xATRTrailingStop barsell = src < xATRTrailingStop plotshape(buy, title='Buy', text='Buy', style=shape.labelup, location=location.belowbar, color=color.new(color.green, 0), textcolor=color.new(color.white, 0), size=size.tiny) plotshape(sell, title='Sell', text='Sell', style=shape.labeldown, location=location.abovebar, color=color.new(color.red, 0), textcolor=color.new(color.white, 0), size=size.tiny) barcolor(barbuy ? color.green : na) barcolor(barsell ? color.red : na) alertcondition(buy, 'UT Long', 'UT Long') alertcondition(sell, 'UT Short', 'UT Short') longCondition = buy shortCondition = sell gpA = "PineConnector Settings" LicenseID = input.string("xxxxxxxx", title = "License ID", group=gpA) // 1. change to your PineConnector License ID (required) pairName = input.string("XAUUSD", title = "Pair Name to Trade", tooltip = "Confirm exact name from MT5 before entering", group=gpA) risk_ = input.float(10, "Risk ", group = gpA) sl_ = input.float(30, "SL ", group = gpA) tp_ = input.float(30, "TP      ", group = gpA, inline = "tp_"), use_tp = input.bool(false, "Enable", group = gpA, inline = "tp_") entryAlertMessage(side_,risk, sl, tp)=> LicenseID + ',' + side_ + ',' + pairName + ',risk=' + str.tostring(risk) + ',sl=' + str.tostring(sl, "#.####") + (use_tp ? ',tp=' + str.tostring(tp, "#.####") : "") closeAlertMessage(side_)=> LicenseID +',' + side_ + ',' + pairName if longCondition alertMessage = entryAlertMessage("buy", risk_, sl_, tp_) alert(alertMessage, alert.freq_once_per_bar_close) // label.new(bar_index, high, alertMessage, xloc.bar_index, yloc.price, color.green, label.style_label_down, color.white, size.small, text.align_left, na, font.family_monospace, force_overlay = true) if shortCondition alertMessage = entryAlertMessage("sell", risk_, sl_, tp_) alert(alertMessage, alert.freq_once_per_bar_close)
Pine Script™ indicator
by amifzcuae