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Bill Williams. Alligator, Fractals & Res/Sup combined (by vlkvr)Bill Williams indicators (each separately) are simple and quite self-sufficient, however, are most often used together. The key ones (Alligator and Fractals) are freely available and everyone can use them, but why use them on the chart separately, when "together more fun", and not conceivable, in my opinion, they are one without the other. So, I present "split/copypasta" of two key indicators of Bill Williams, plus (as a bonus) visualization of "Support/Resistance" levels (and in fact, lines from extremes or the same fractals). As a result, before you indicator "three-in-one".
אינדיקטור Pine Script™
מאת ‎vlkvr‎
35
Bill Williams Divergent BarsBill William Bull/Bear divergent bars See: Book, Trading Chaos by Bill Williams Coded by polyclick A bullish (green) divergent bar, signals a trend switch from bear -> bull -> The current bar has a lower low than the previous bar, but closes in the upper half of the candle. -> This means the bulls are pushing from below and are trying to take over, potentially resulting in a trend switch to bullish. -> We also check if this bar is below the three alligator lines to avoid false positives. A bearish (red) divergent bar, signals a trend switch from bull -> bear -> The current bar has a higher high than the previous bar, but closes in the lower half of the candle. -> This means the bears are pushing the price down and are taking over, potentially resulting in a trend switch to bearish. -> We also check if this bar is above the three alligator lines to avoid false positives. Best used in combination with the Bill Williams Alligator indicator.
אינדיקטור Pine Script™
מאת ‎polyclick‎
12
True Williams Alligator (SMMA)The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator. The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different conclusions. Hence the need for this, a true and exact implementation of "The Mighty Alligator" (Bill Williams, Trading Chaos 1, New Trading Dimensions, Trading Chaos 2). Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
אינדיקטור Pine Script™
מאת ‎the_batman‎
13
ZoneBarsBill Williams Zone and Squat Bars. See New Trading Dimensions by Bill Williams, PhD. Bars are green (green zone) when the Awesome Oscillator and Accelerator/Decelerator are both positive. Bars are red (red zone) when the Awesome Oscillator and Accelerator/Decelerator are both negative. Bars are blue when a squat bar is formed, these indicate a battle between bulls and bears and often happen near trend continuation or trend changes. Caution: Assumes chart is a bar chart - not a candle chart. Caution: Squat bars are accurate only with official exchange volume data - BATS data will give false squat bars.
אינדיקטור Pine Script™
מאת ‎ChaosTrader‎
2
ZoneBarsBill Williams Zone and Squat Bars. See New Trading Dimensions by Bill Williams, PhD. Bars are green (green zone) when the Awesome Oscillator and Accelerator/Decelerator are both positive. Bars are red (red zone) when the Awesome Oscillator and Accelerator/Decelerator are both negative. Bars are blue when a squat bar is formed, these indicate a battle between bulls and bears and often happen near trend continuation or trend changes. Caution: Assumes chart is a bar chart - not a candle chart. Caution: Squat bars are accurate only with official exchange volume data - BATS data will give false squat bars.
אינדיקטור Pine Script™
מאת ‎ChaosTrader‎