This script uses RSI, Stoch and Williams %R to indicate whenever an asset is highly oversold/overbought
Green background indicates oversold
Red background indicates overbought
Tested with cryptos
This is one of the techniques described by William Blau in his book
"Momentum, Direction and Divergence" (1995). If you like to learn more,
we advise you to read this book. His book focuses on three key aspects
of trading: momentum, direction and divergence. Blau, who was an electrical
engineer before becoming a trader, thoroughly examines the...
This is one of the techniques described by William Blau in his book
"Momentum, Direction and Divergence" (1995). If you like to learn more,
we advise you to read this book. His book focuses on three key aspects
of trading: momentum, direction and divergence. Blau, who was an electrical
engineer before becoming a trader, thoroughly examines the...
A simple script in order to plot the Alligator Indicator with triangles plotted on the graph in order to see directly if the alligator is sleeping or eating.
You will see green up triangles when the alligator is bullish eating, while red down triangles when the alligator is bearish eating.
You will not see anything on the chart when the alligator is sleeping.
This oscillator is based on the williams%R combined with EMA's for better signals. it shows momentum and ob/os signals and indicates market cycles.
you can switch between the two EMA's for more direct or filtered signals and smooth the %R if needed.
i added 4 alertconditions to be triggered on crossovers of signal EMA and Filter EMA.
please let me know in the...
williams%R with EMA's tot filter out noise and trend signals. bgcolor to indicate cycles with top/bottom signals.
inspired on the rational flibbr and magnus indicators by magnus tradinggroup and flibbr!
CHILLYWILLY
ChillyWilly looks for the momentum trades.
ChillyWilly combines the 4 different well known momentum indicators to bring the best signals.
ChillyWilly works with any kind of market state, any kind of trading, and any kind of asset.
ChillyWilly has more features than any other momentum indicator in the market: Combining shorter term momentum...
This strategy is based on volumes and Bill Williams indicators.
The idea is simple:
- if price has enough boost then follow the trend
- if the boost is slowing down then bet on trend reversal
Results are very good: look at maximum drawdown and percent profitable.
If you are intested on this strategy, I devoleped also the study with alarms.
I will post results...
4 Charts all in one chart, RSI, Stochastic RSI, Stochastic and Williams %R
Hope you like, please let me know your thoughts.
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Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
...
Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
...
Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
...
Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:
Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.
...
The colored Zones is the combination of the Awesome Oscillator (AO) and Accelerator Oscillator (AC) indicator by Bill Williams.
If both AO and AC bars are uptrending, the zone is blue
If both AO and AC bars are downtrending, the zone is red
If AO and AC have different colors, the zone is gray
Blue and red zones
This zones allows you to trade more...
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by
William Blau, except the SMI includes a signal line. The SMI uses double moving averages
of price minus previous price over 2 time frames. The signal line, which is an EMA of the
SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine
tune...
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by
William Blau, except the SMI includes a signal line. The SMI uses double moving averages
of price minus previous price over 2 time frames. The signal line, which is an EMA of the
SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine
tune...
