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Stable Dual SMA Cloud with Williams Fractals

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This advanced indicator combines dual moving averages with intelligent trend visualization and Bill Williams' Fractals for comprehensive market analysis. The tool features:

Dual SMA System
Plots customizable fast and slow SMAs with adjustable periods, colors, and thickness
Visualizes trend direction through SMA positioning

- Smart Color Cloud
Dynamic cloud fills between SMAs with 3 color modes:
🟩 Green during bullish trends (fast SMA > slow SMA)
🟥 Red during bearish trends (fast SMA < slow SMA)
⬜ Gray in low volatility conditions (using ATR-based detection)
Neutral zone activates when price range ≤ (ATR Period × Multiplier)

- Official Williams Fractals
Accurate implementation of Bill Williams' fractal system
Customizable lookback period (default 2 bars)
Toggle on/off for clean chart viewing

- Trading Alerts
- Built-in alerts for SMA crossovers
- Ready for strategy automation
- Input Parameters:

Fast/Slow SMA Periods: Customize moving average lengths
ATR Period/Multiplier: Adjust neutral zone sensitivity
Cloud Colors: Personalize trend visualization
Fractal Lookback: Set fractal significance level (2-5 bars)
Show Fractals: Toggle fractal visibility

Ideal For:

Trend identification and confirmation
Volatility-based range detection
Spotting potential reversal points
Swing trading and position trading

Usage Tips:

Use cloud + bullish/bearish SMA crossover as trend confirmation
Gray cloud indicates consolidation - consider reducing position size
Combine fractal signals with cloud color for high-probability reversals
Adjust ATR multiplier based on asset volatility

Script Features:
Precise price anchoring in all chart modes
Optimized performance for all timeframes
Professional color-coding system
Official Williams Fractals implementation
Customizable alerts for strategy building

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.