Penunjuk Bill Williams

WVAD (Optimized Log Scaled)The WVAD (Optimized Log Scaled) indicator is a refined version of the classic Williams' Volume Accumulation/Distribution (WVAD). This version introduces logarithmic scaling for better visualization and usability, especially when dealing with large value ranges. It also includes EMA smoothing to highlight trends and reduce noise, providing traders with a more precise and clear representation of market dynamics. Key Features: 1.Logarithmic Scaling: Applies a log-based transformation to the

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MultiLayer Awesome Oscillator Saucer Strategy [Skyrexio]Overview MultiLayer Awesome Oscillator Saucer Strategy leverages the combination of Awesome Oscillator (AO), Williams Alligator, Williams Fractals and Exponential Moving Average (EMA) to obtain the high probability long setups. Moreover, strategy uses multi trades system, adding funds to long position if it considered that current trend has likely became stronger. Awesome Oscillator is used for creating signals, while Alligator and Fractal are used in conjunction as an approximation of short-

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Support, Resistance, MA, and ADX Summary This comprehensive script provides traders with a tool that highlights critical levels of support and resistance, detects significant price breakouts with volume confirmation, identifies potential reversals with wick analysis, and plots a moving average that changes color based on trend strength as indicated by the ADX. It is useful for spotting entry and exit points, confirming breakouts, and identifying trend direction and strength.

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Awesome_Accelerator_Zone Oscillator Explanation and Usage Guide for AO_AC_ZONE Oscillator Indicator Overview The **AO_AC_ZONE** oscillator is based on the concepts introduced by **Bill Williams** in his book *New Trading Dimensions*. This indicator combines the **Awesome Oscillator (AO)**, **Accelerator Oscillator (AC)**, and a custom **Zone Oscillator**, visualizing them together in a clear, color-coded format. The Zone Oscillator is derived from the relationship between AO and AC, indicating the market's dominant momentum sta

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oleh pirooz_trader

EMA with Supply and Demand Zones The EMA with Supply and Demand Strategy is a trend-following trading approach that integrates Exponential Moving Averages (EMA) with supply and demand zones to identify potential entry and exit points. Below is a detailed description of its components and logic: Key Components of the Strategy 1. EMA (Exponential Moving Average) The EMA is used as a trend filter: Bullish Trend: Price is above the EMA. Bearish Trend: Price is below the EMA. The EMA ensures that trades align with the overall mark

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oleh szepattila43

Z-Score The z-score (also known as the standard score) measures how many standard deviations a data point is from the mean of a dataset. It helps determine whether a data point is typical or unusual compared to the dataset. The formula for the z-score is: z = \frac{x - \mu}{\sigma} Where: • x = the value being evaluated • \mu = the mean of the dataset • \sigma = the standard deviation of the dataset Interpretation: • A positive z-score indicates the data point is above the mean. • A negativ

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2 bars Bars Inputs: The script allows you to specify the values for each state (HH, HL, LL, LH) for two bars. Labels as Bars: Instead of line.new, this script uses label.new to simulate a pseudo-bar chart. Bars are visually represented as labels, with distinct positions and colors. Offset Logic: The offset ensures that each category has its labels (bars) placed at the correct horizontal distance. Custom Categories: The categories array ("HH", "HL", "LL", "LH") links to their respective values.

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oleh Ghazicrypto

Dynamic Testing Input Parameters `lookbackPeriod` : Number of candles to check for determining the highest high (resistance) and lowest low (support) levels. `atrPeriod` : The period for calculating the Average True Range (ATR), a measure of market volatility. `atrMultiplierSL` : Multiplier to calculate the stop-loss distance relative to the ATR. `atrMultiplierTP1` and `atrMultiplierTP2` : Multipliers to calculate two take-profit levels relative to ATR. `rewardToRisk` : The ratio between rew

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oleh ProfitNomad

Awesome Oscillator with Divergence Simple Awesome Oscillator with Divergences This TradingView script combines the classic Awesome Oscillator (AO) with divergence detection. It plots AO as a histogram, highlighting changes in momentum. Divergences are identified based on pivot highs and lows, signaling potential trend reversals: - Bullish Divergence: Price makes lower lows, AO makes higher lows. - Bearish Divergence: Price makes higher highs, AO makes lower highs. Visual signals (arrows) and alerts ensure clear identific

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oleh Raffaele_De_Leo

Williams Fractals for Extremes This script, written in Pine Script (version 5), implements an indicator for the automatic detection and visualization of fractal extremes on the price chart. The core algorithm is based on Bill Williams' fractal theory and identifies local highs and lows, which are often used to determine potential reversal points and support/resistance levels in the market. ### Key Features: #### Fractal Detection: - The indicator identifies a fractal high if the middle candle in a sequence of five candles (

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Fractal Trend Detector [Skyrexio]Introduction Fractal Trend Detector leverages the combination of Williams fractals and Alligator Indicator to help traders to understand with the high probability what is the current trend: bullish or bearish. It visualizes the potential uptrend with the coloring bars in green, downtrend - in red color. Indicator also contains two additional visualizations, the strong uptrend and downtrend as the green and red zones and the white line - trend invalidation level (more information in "Methodolo

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Trend Trader-Remastered The script was originally coded in 2018 with Pine Script version 3, and it was in invite only status. It has been updated and optimised for Pine Script v5 and made completely open source. Overview The Trend Trader-Remastered is a refined and highly sophisticated implementation of the Parabolic SAR designed to create strategic buy and sell entry signals, alongside precision take profit and re-entry signals based on marked Bill Williams (BW) fractals. Built with a deep emphasis on clarity and

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Bullish/Bearish Reversal Bars Indicator [Skyrexio]Introduction Bullish/Bearish Reversal Bars Indicator leverages the combination of candlestick reversal bar pattern and the Williams Alligator indicator to help traders in understanding where there is a high probability of market reversal or correction. Indicator works for both bearish and bullish cases. It visualizes the bearish and bullish reversal bars with red and green dots and also plots the Alligator's lips to make it more convenient for traders to understand if price is above or below

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Ido strategy RSI Oversold with MACD Buy Signal Indicator This indicator combines the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) to help identify potential buy signals based on oversold conditions and trend reversals. This script is designed for traders looking to identify entry points when an asset is likely undervalued (oversold) and showing bullish momentum. How It Works RSI Oversold Detection: The RSI measures the speed and change of price movements. This indicato

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HBK Price Action Strategy HBK Price Action Strategy for XAUUSD with a Favorable Risk-Reward Ratio Understanding the Strategy: This strategy leverages price action principles to identify potential entry and exit points for XAUUSD on a 5-minute timeframe. The core idea is to identify price action patterns that suggest a high probability of a particular direction, and then to set stop-loss and take-profit levels to manage risk and reward. Key Price Action Patterns to Watch: Pin Bar: A pin bar is a candlestick with a long wic

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oleh hanamantkullurtrader

Custom Candlestick Pattern Indicator Custom Candlestick Pattern Indicator - Buy Signal Based on Green Candles Breaking Previous Lows Overview: This custom candlestick pattern indicator is designed to highlight potential buy opportunities based on a simple yet powerful candlestick pattern. The indicator identifies green candles that break below the low of the previous candle. This combination may signal a potential market reversal or a bullish continuation after a pullback, depending on the market context. Traders can use this indi

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Fibonacci & Bollinger Bands Strategy This strategy combines Bollinger Bands and Fibonacci retracement/extension levels to identify potential entry and exit points in the market. Here’s a breakdown of each component and how the strategy works: 1. Bollinger Bands: Bollinger Bands consist of a simple moving average (SMA) and two standard deviations (upper and lower bands) plotted above and below the SMA. The bands expand and contract based on market volatility. Purpose in Strategy: The lower band represents an area where the market m

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Fear Greed Zones by Relative Strength Index This is a visual modification of the relative Strength Index (RSI) to express extreme areas as fear and greed Zones. // Input rsiLength = input.int(14, "RSI Length", minval=1) // RSI calculation rsi = ta.rsi(close, rsiLength) FEAR GREED ZONES The "Fear Greed Zones Script" indicator is designed to help traders identify psychological levels of fear and greed in the market by utilising relative strength index. It primarily utilises the Relative Strength Index of price to gauge market sentiment,

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oleh Ifiok-Trades

HTF LQ Sweep The following script recognises QL sweeps in the desired time frame with alarm function! Theory: There is liquidity above highs and below lows. If this is tapped and the market reacts strongly immediately, the probability of a reversal is greatly increased! In the chart, this is defined in such a way that a candle has its wicks BELOW the old low, but the close is ABOVE the old low. the same applies to the high, of course! In such a case we have an "LQ Sweep" How does the script work?

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oleh Wunsch-Indikator

Divergence Indicator Multi [TradingFinder] MACD AO RSI DIV Chart 🔵 Introduction 🟣 What is Divergence in Financial Markets? Divergence in technical analysis happens when the price of a stock moves in a direction opposite to certain indicators. This is a crucial concept in financial markets as it can signal either a trend reversal or a continuation of the current correction in the trend. Understanding divergence helps traders and analysts make more informed decisions. 🟣 Positive Regular Divergence (RD+) A positive regular divergence occurs at the end

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oleh TradingFinder

Larry Williams Valuation Index [tradeviZion]Larry Williams Valuation Index Welcome to the Larry Williams Valuation Index by tradeviZion! This script is an interpretation of Larry Williams' famous WillVal (Valuation) Index, originally developed in 1990 to help traders determine whether a market or asset is overvalued or undervalued. We've extended it to support multiple securities and offer alerts for different valuation levels, helping you make more informed trading decisions. What is the Valuation Index? The Valuation Index meas

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oleh TradeVizion

---Advanced Harmonic Pattern Scanner v5 Summary of the Script: All Patterns Covered: The script includes all major harmonic patterns: Butterfly, Gartley, Crab, Bat, Cypher, and Three Drives. Both bullish and bearish versions are detected. ZigZag Swings: The zigzag logic helps find swing points (X, A, B, C, D) which are essential for forming these patterns. You can adjust the zigzagDepth parameter to fine-tune how sensitive the pattern detection is to price swings. Fibonacci Levels: Each pattern uses specific Fibonacci retracement or e

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Multiple ATR Lines with Current Price Percentage This indicator plots multiple lines based on the Average True Range (ATR) on the chart, helping traders identify potential support and resistance levels. Specifically, it draws three lines above the price and three lines below the price at different multiples of the ATR. Additionally, it plots a dynamic line at the current price level, which shows how much percentage of the ATR the current price has traveled from a specific point. How it works: ATR-Based Lines: The indicator calculates three u

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oleh ahmad_salehi

WPR Volume Candle [Atareum]AWPRVC (Atareum WPR Volume Candles) is clearly an awesome indicator produced by AtareumFX that is based on William’s Percent Range concepts by combination with volume. This is a new approach of volume candles that is combined with R% concepts and creates such a powerful tool to trace the market and assists traders to make better decisions surly and so much accurate. You can find this new indicator more useful because it has all benefits and advantages of William’s R% and cover its disadvant

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