Indikator Bill Williams
BullTrading Chaos Trading System V3.0
BullTrading_CTS is not an indicator, it is complete trading system based on chaos theory. BullTrading_CTS provides the trader with all information required for high probability setups including:
·Recurrent Price Levels (zones the price of a security most likely will revisit in future).
·Mayor Fractals (BT_CTS confirms the more relevant fractals for a given timeframe helping the trader to identify Entry and Stop Loss levels accordingly to new incoming Chaos). Standard settings are configured for day trading using 1m charts (approximately 2-3 setups per day on each Forex Mayor Pair trading with a low spread ECN broker for an average gain of 5 pips per trade, although it can be used for swings and macro trades using the 5 minutes to H1 charts or any other timeframe).
In order to use successfully this trading tool training material is required and will be released shortly. Thanks for your patience.
Accelerator Oscillator (AC) The Accelerator Oscillator has been developed by Bill Williams
as the development of the Awesome Oscillator. It represents the
difference between the Awesome Oscillator and the 5-period moving
average, and as such it shows the speed of change of the Awesome
Oscillator, which can be useful to find trend reversals before the
Awesome Oscillator does.
Bollinger Awesome Alert R1 by JustUncleLThis indicator is an implementation of the Bollinger Band and Awesome Oscillator Scalping system.
This technique is for those who want the most simple method that is very effective. It is BEST traded during the busiest trading hours, 3am to 12am EST NY time. This method doesn't work in sideways markets, only in volatile trending markets.
Time Frames: 1, 5, 10, 15 ,30 min.
Currency pairs: majors.
Other Chart indicators:
Add Awesome Oscillator.
Optionally Add Squeeze Indicator.
Here's the strategy:
Going LONG:
Enter a long position when the black 3 EMA has crossed up through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zeroline, going up. This is indicated by "Buy" alert.
Going SHORT:
Enter a short position when the black 3 EMA has crossed down through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zero line, going down. This is indicated by the "Sell" Alert.
Take profit:
10-20 pips depending on pair or When Awesome Oscillator turns a different colour.
HINTS: Best trades tend to occur when price reversing bounce off outer band and outside the Optional Bollinger Squeeze indication.
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.
BullTrading Chaos Trend WaveHave you ever wonder how the Elliott Wave looks like?
If you trade with price action you are going to love this stuff... It is based on the same Mandelbrot Chaos Theory principles in order to trade with Bill Williams fractals. Chaos Trend Wave indicator displays in your chart the different Elliott wave layers making price action trading very intuitive.
The standard settings are 126, 1, 5, 21 displaying the immediate bigger wave from your current layer, display settings for your current layer and "balance point" are: 126, 1, 3, 13. Use Fib sequence in the last two numbers in order to correctly change between wave layers: 126, 1, 8, 34 and 126, 1, 13, 55 (This is the higher setting, it is very useful to spot and trade trending markets).
TDRChaos-2.0
TDR's version of the major Chaos Trading tools.
Williams' Alligator
Bullish/Bearish Divergent Bars (white cross above/below bar)
The three consecutive AO bars that start with the opposite bar first. (white square above/below bar)
Fractals (grey circle top/bottom)
*** NEW ***
Squat bars are painted "Blue" -> WARNING: (Does not work on BATS)
Be sure to start at thedaedalusreport.com
Williams Gator Oscillator 2Based on @Petros Williams Gator Oscillator script
Modifed by @PolarSolar - fix histogramm offset to original and added different colors to more understanding Gator histogramm
The Gator Oscillator histogram above zero shows the absolute difference between blue and red lines of Alligator indicator,
while histogram below zero shows the absolute difference between red and green lines.
There are green and red bars on the Gator Oscillator histograms.
A green bar appears when its value is higher than the value of the previous bar.
A red bars appears when its value is lower than the value of the previous bar.
Gator Oscillator helps to better visualize the upcoming changes in the trends: to know when Alligator sleeps, eats, fills out and is about to go to sleep.
B3 Awesome Oscillator IIThe Awesome Oscillator is a simple average of the HL2 mean done at length 5 and 34 and taking the difference of the two. The Elliot Wave Oscillator is similar to this as well. What I have done is make my own version AO-II for my tastes. I use DTI a bunch and when range contracts and trends aren't solid, a more responsive indicator is needed, and that is where AO-II comes in. Then in some chop or even in a slow rolling trend, they both suffer as you can see in the middle of the chart above. But in general, AO-II is the jitterier little cousin.
In this modification of a standard, I have added a (code-protected) derivative to the mix that will help bring the oscillator back to zero more often than its momentum measuring counterparts. The offset is set to 1 by default meaning it will not change in the current bar as it moves along. This also makes all the crosses appear late in history, but you will notice that the signal crossings are all still fairly lag free.
Much like in DTI, in AO-II you should note the slope and relation to zero. Divergences can be seen in AO-II, and depending on the action it can be wrong, so careful there. I think the idea behind most momentum indicators is to look for entry on overages in direction that might be looking to correct or reverse. Then once in the trade going the correct way with your indicator you stay the course till indicator tells you to exit.
ChaosThis script adds a Bill Williams Alligator to your charts and the three wisemen:
1. Wiseman 1 - Bullish or bearish divergent bars shown with a circle (be sure to check angulation manually).
2. Wiseman 2 - Super AO - with a square.
3 Wiseman 3 - Fractal with a triangle.
Be sure to wait until the current bar is closed before using these signals.
Reference: TradingChaos Version 2
Williams Gator Oscillator// The Gator Oscillator histogram above zero shows the absolute difference between blue and red lines of Alligator indicator,
// while histogram below zero shows the absolute difference between red and green lines.
//
// There are green and red bars on the Gator Oscillator histograms.
// A green bar appears when its value is higher than the value of the previous bar.
// A red bars appears when its value is lower than the value of the previous bar.
//
// Gator Oscillator helps to better visualize the upcoming changes in the trends: to know when Alligator sleeps, eats, fills //out and is about to go to sleep.
True Williams Alligator (Timeframe Multiplier)Modified version of my original "True Williams Alligator (SMMA)" indicator that includes a multiplier to show the alligator (ie elliot wave mode) of higher timeframes. See original indicator for details.
Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
True Williams Alligator (Timeframe Multiplier)Modified version of the true alligator indicator (ie SMMA) that features a timeframe multiplier so that you can monitor the elliott wave of higher timeframes. (See original "True Williams Alligator" for more details.)
Note: First script submission. Didn't mean to use this chart. Also this is a duplicate post -- oops.
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.
Bill Williams. Awesome Oscillator (AC) Signal Line This indicator plots the oscillator as a histogram where blue denotes
periods suited for buying and red . for selling. If the current value
of AO (Awesome Oscillator) is above previous, the period is considered
suited for buying and the period is marked blue. If the AO value is not
above previous, the period is considered suited for selling and the
indicator marks it as red.
Bill Williams. Awesome Oscillator (AO) Signal Line This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
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.
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.
Market Facilitation Index (MFI) The Market Facilitation Index is an indicator that relates price range to
volume and measures the efficency of price movement. Use the indicator to
determine if the market is trending. If the Market Facilitation Index increased,
then the market is facilitating trade and is more efficient, implying that the
market is trending. If the Market Facilitation Index decreased, then the market
is becoming less efficient, which may indicate a trading range is developing that
may be a trend reversal.
Indicator: Market Facilitation Index [MFIndex]
***** NOTE: You may see all GREEN circles (it is due to a recent TV update). To work around this issue, change the "Circles" to "Cross" via Format -> Style *****
Market Facilitation Index, by Bill Williams, plots the effectiveness of price movement by computing the price movement per volume unit.
4 possible combinations of MFIndex and Volume are:
Green :
---------------------------------
MFIndex increases and the volume increases. This means that the amount of participants entering the market increases, therefore the volume increases and the fresh incoming players align their positions in the direction of candlestick growth.
Fade :
------------------------------
MFIndex falls and volume falls. It means that the market participants are indifferent and the price movement is small on small volumes. This usually happens at the end of a trend.
Fake :
------------------------------
MFIndex increases, but the volume falls. It is highly likely that the market is being supported by broker speculation and not any significant client volume.
Squat :
--------------------------------
MFIndex falls, but the volume increases. In this particular situation bulls and bears are fighting between themselves to see who will dominate the next trend. These battles are noticeable by the large sell and buy volumes. However, the price does not change appreciably since the strengths are equal. One of the competing parties either the buyers or the sellers will ultimately triumph in the battle. Usually, the fracture of such a candle indicates if this particular candle determines the continuation of the trend, or terminates the trend.
More info: en.wikipedia.org
Code: pastebin.com
