OPEN-SOURCE SCRIPT
CRR Bill Williams Neo System (Alligator, Fractals, AO, AC, MFI)
CRR Bill Williams Neo System is an educational chart overlay that combines classic Bill Williams concepts into a single visual framework.
The script integrates Alligator (SMMA-based trend structure), confirmed Fractals, Awesome Oscillator (AO), Accelerator Oscillator (AC), and the Bill Williams Market Facilitation Index (MFI).
Signals Logic
BUY signals appear when the Alligator trend is bullish (Lips > Teeth > Jaw), the Awesome Oscillator (AO) is above zero, the Accelerator Oscillator (AC) is above zero, the MFI state is GREEN or SQUAT, and price closes above the Lips line.
SELL signals appear when the Alligator trend is bearish (Lips < Teeth < Jaw), the Awesome Oscillator (AO) is below zero, the Accelerator Oscillator (AC) is below zero, the MFI state is GREEN or SQUAT, and price closes below the Lips line.
Signals can be configured to appear only after bar close for confirmation.
Fractals Behavior
Fractals are detected using pivot confirmation.
A fractal is confirmed only after the selected number of right bars have closed.
Because of this, fractal markers appear with a delay.
This behavior is expected and does not represent repainting.
How to Use
This indicator is designed to help visualize trend direction, momentum, and market activity.
It should be used as a confirmation tool together with price action and proper risk management.
Disclaimer
This script is for educational purposes only.
It does not constitute financial advice.
Always apply your own analysis and risk management.
The script integrates Alligator (SMMA-based trend structure), confirmed Fractals, Awesome Oscillator (AO), Accelerator Oscillator (AC), and the Bill Williams Market Facilitation Index (MFI).
Signals Logic
BUY signals appear when the Alligator trend is bullish (Lips > Teeth > Jaw), the Awesome Oscillator (AO) is above zero, the Accelerator Oscillator (AC) is above zero, the MFI state is GREEN or SQUAT, and price closes above the Lips line.
SELL signals appear when the Alligator trend is bearish (Lips < Teeth < Jaw), the Awesome Oscillator (AO) is below zero, the Accelerator Oscillator (AC) is below zero, the MFI state is GREEN or SQUAT, and price closes below the Lips line.
Signals can be configured to appear only after bar close for confirmation.
Fractals Behavior
Fractals are detected using pivot confirmation.
A fractal is confirmed only after the selected number of right bars have closed.
Because of this, fractal markers appear with a delay.
This behavior is expected and does not represent repainting.
How to Use
This indicator is designed to help visualize trend direction, momentum, and market activity.
It should be used as a confirmation tool together with price action and proper risk management.
Disclaimer
This script is for educational purposes only.
It does not constitute financial advice.
Always apply your own analysis and risk management.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.