Shows 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...
Williams ProGo & %R
indicatori di Williams da usare per identificare il momentum di operativita' con l'incrocio dei buoi con mani forti e per l'entrata il %R settato a 4 periodi che indica la barra di operatività
BUON TRADING A TUTTI !!
Added Fractals which establishes high and low based on Bill Williams definition. Added one type of Pinbar (where the open and close is near extreme of the range and with long shadow that is at least 80% of the range). It is a powerful reversal pattern especially on the daily charts. These bars are identified with the character P. Also included dots below...
I am not certain if something similar is already available out there. However, here's my own implementation of my simple idea of using the length of the candle-body or wicks (high-low) to derive a Volatility Index /Oscillator.
I intent to later use this to filter out signals in my Buy/Sell suggestion/strategy scripts during periods of low volatility.
O indicador é baseado nos parâmetros do Alligator de Bill Wiliams, onde o histograma mostra a diferença do preço médio em relação à mandíbula, vc consegue extrair setups como Ponto Contínuo, Breakout, Power Breakout, entre outros Ficou mais rápido do que o Awsome Oscilator. já que utiliza o pm puro ao invés da mediana entre os lábios e mandíbula.
A linha mais...
Indicates possible major local tops/bottoms + intermediate local support levels; using my tweaked and modified conjugated golden ratio multiplier, inspired by what was proposed by Philip Swift.
Seem to be useful with the BTCUSD 4 hour chart as well as 1 day chart -- different range applies, need to just look at historical trends.
Not financial advice. Use at own...