PROTECTED SOURCE SCRIPT
[KINGS BULL & BEAR STRATEGY]
Title:
KINGS BULL & BEAR STRATEGY – Divergent Bars with Williams Alligator Filter
Short Description:
Identifies bullish and bearish divergent bars using Williams Alligator lines as a smart market filter.
Full Description:
Overview
The KINGS BULL & BEAR STRATEGY is designed to detect Divergent Bars (DBs) — powerful price action signals — and confirm them using Williams Alligator lines as a trend filter. This tool helps traders identify high-probability bullish and bearish setups directly on the chart.
How It Works
Williams Alligator Lines:
Calculates three moving averages (Jaw, Teeth, Lips) using your chosen MA type: SMA, SMMA, EMA, RMA, WMA, or VWMA.
Offsets for each line can be adjusted to match the original Alligator indicator behavior.
Divergent Bar Logic:
Bullish Divergent Bar:
Occurs when price makes a lower low while staying below all Alligator lines, then closes above its mid-level.
Bearish Divergent Bar:
Occurs when price makes a higher high while staying above all Alligator lines, then closes below its mid-level.
Filter Levels (No / Medium / High):
No filter: Basic DB detection.
Medium filter: Adds confirmation using previous bar lows/highs.
High filter: Requires Alligator lines to align (Lips < Teeth < Jaw for bullish, Lips > Teeth > Jaw for bearish), improving accuracy during strong trends.
Features
Customizable Alligator settings: Select MA method and adjust Jaw, Teeth, Lips lengths and offsets.
Selectable filter strength: Choose from “No,” “Medium,” or “High” filtration to fit your strategy style.
Visual Chart Signals:
Green ▲ label below bar: Bullish Divergent Bar.
Red ▼ label above bar: Bearish Divergent Bar.
Trend Confirmation: Built-in Alligator alignment for higher-quality signals.
How to Use
For trend traders: Use high filtration mode to confirm signals in trending markets.
For reversal traders: Use medium or no filtration to catch early turning points.
Combine with confluence: Works best alongside momentum indicators, volume profiles, or manual price action analysis.
Important Notes
This tool does not execute trades automatically. It is an indicator for signal visualization only.
Not every signal is a buy/sell recommendation. Always validate with additional tools or strategies.
Can be used on all markets and timeframes (Forex, Crypto, Stocks, Indices).
Credits
Williams Alligator concept for dynamic trend detection.
Divergent Bar logic adapted and enhanced with multi-level filtering for cleaner signals.
KINGS BULL & BEAR STRATEGY – Divergent Bars with Williams Alligator Filter
Short Description:
Identifies bullish and bearish divergent bars using Williams Alligator lines as a smart market filter.
Full Description:
Overview
The KINGS BULL & BEAR STRATEGY is designed to detect Divergent Bars (DBs) — powerful price action signals — and confirm them using Williams Alligator lines as a trend filter. This tool helps traders identify high-probability bullish and bearish setups directly on the chart.
How It Works
Williams Alligator Lines:
Calculates three moving averages (Jaw, Teeth, Lips) using your chosen MA type: SMA, SMMA, EMA, RMA, WMA, or VWMA.
Offsets for each line can be adjusted to match the original Alligator indicator behavior.
Divergent Bar Logic:
Bullish Divergent Bar:
Occurs when price makes a lower low while staying below all Alligator lines, then closes above its mid-level.
Bearish Divergent Bar:
Occurs when price makes a higher high while staying above all Alligator lines, then closes below its mid-level.
Filter Levels (No / Medium / High):
No filter: Basic DB detection.
Medium filter: Adds confirmation using previous bar lows/highs.
High filter: Requires Alligator lines to align (Lips < Teeth < Jaw for bullish, Lips > Teeth > Jaw for bearish), improving accuracy during strong trends.
Features
Customizable Alligator settings: Select MA method and adjust Jaw, Teeth, Lips lengths and offsets.
Selectable filter strength: Choose from “No,” “Medium,” or “High” filtration to fit your strategy style.
Visual Chart Signals:
Green ▲ label below bar: Bullish Divergent Bar.
Red ▼ label above bar: Bearish Divergent Bar.
Trend Confirmation: Built-in Alligator alignment for higher-quality signals.
How to Use
For trend traders: Use high filtration mode to confirm signals in trending markets.
For reversal traders: Use medium or no filtration to catch early turning points.
Combine with confluence: Works best alongside momentum indicators, volume profiles, or manual price action analysis.
Important Notes
This tool does not execute trades automatically. It is an indicator for signal visualization only.
Not every signal is a buy/sell recommendation. Always validate with additional tools or strategies.
Can be used on all markets and timeframes (Forex, Crypto, Stocks, Indices).
Credits
Williams Alligator concept for dynamic trend detection.
Divergent Bar logic adapted and enhanced with multi-level filtering for cleaner signals.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.