Combo Backtest 123 Reversal & Directional Trend Index (DTI) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This technique was described by William Blau in his book "Momentum,
Direction and Divergence" (1995). 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 relationship between
price and momentum in step-by-step examples. From this grounding, he then looks
at the deficiencies in other oscillators and introduces some innovative techniques,
including a fresh twist on Stochastics. On directional issues, he analyzes the
intricacies of ADX and offers a unique approach to help define trending and
non-trending periods.
Directional Trend Index is an indicator similar to DM+ developed by Welles Wilder.
The DM+ (a part of Directional Movement System which includes both DM+ and
DM- indicators) indicator helps determine if a security is "trending." William
Blau added to it a zeroline, relative to which the indicator is deemed positive or
negative. A stable uptrend is a period when the DTI value is positive and rising, a
downtrend when it is negative and falling.
WARNING:
- For purpose educate only
- This script to change bars colors.
Williams %R (%R)
Combo Strategy 123 Reversal & Directional Trend Index (DTI) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This technique was described by William Blau in his book "Momentum,
Direction and Divergence" (1995). 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 relationship between
price and momentum in step-by-step examples. From this grounding, he then looks
at the deficiencies in other oscillators and introduces some innovative techniques,
including a fresh twist on Stochastics. On directional issues, he analyzes the
intricacies of ADX and offers a unique approach to help define trending and
non-trending periods.
Directional Trend Index is an indicator similar to DM+ developed by Welles Wilder.
The DM+ (a part of Directional Movement System which includes both DM+ and
DM- indicators) indicator helps determine if a security is "trending." William
Blau added to it a zeroline, relative to which the indicator is deemed positive or
negative. A stable uptrend is a period when the DTI value is positive and rising, a
downtrend when it is negative and falling.
WARNING:
- For purpose educate only
- This script to change bars colors.
9.x IndexENGLISH
The 9-period exponential moving average setups are simple and efficient for upward or downward trends. Its creation is attributed to trader Larry Williams . In Brazil it is widely publicized by trader Alexandre Fernandes (Palex).
This indicator was created to show the setup that appeared in each candle and an arrow shows the direction that the operation must be made (up arrow, long, and down arrow, short).
Below are the rules that describe each setup.
9.1 Long
1) MME9 is descending;
2) The candle that changes the direction of the average upwards, after its closing, activates the setup, if its maximum is broken, the purchase is activated;
3) The stop loss is positioned below the candle low in step 2.
9.1 Short
1) MME9 is rising;
2) The candle that changes the direction of the average downwards, after its closing, activates the setup, if its minimum is lost the sale is activated;
3) The stop loss is positioned above the candle maximum in step 2.
9.2 Long
1) MME9 is rising;
2) The current candle must close below the minimum of the previous candle, if its maximum is broken, the purchase is activated;
4) If the maximum of the candle in step 2 is not broken, the purchase will occur when the maximum of the next candle is broken;
5) The stop loss is positioned below the minimum of the candle in step 2 or step 3.
9.2 Short
1) MME9 is descending;
2) The current candle must close above the maximum of the previous candle, if its minimum is lost the sale is activated;
4) If the minimum of the candle in step 2 is not lost, the sale will occur when the minimum of the next candle breaks;
5) The stop loss is positioned above the maximum of the candle in step 2 or step 3.
9.3 Long
1) MME9 is rising;
2) A reference candle must be followed by two closings in a row below its closing, the purchase occurs when the maximum of the last candle breaks;
3) If the last high is not broken, the purchase occurs when the maximum of the next candle breaks;
4) The stop loss is positioned below the minimum of the candle in step 2 or step 3;
9.3 Short
1) MME9 is descending;
2) A reference candle must be followed by two closings in a row above its closing, the sale occurs when the minimum of the last candle breaks;
3) If the last low is not broken, the sale occurs when the minimum of the next candle breaks;
4) The stop loss is positioned above the candle maximum of step 2 or step 3;
9.4 Long
1) A candle generates a 9.1 short;
2) The next candle should generate a 9.1 long without losing the minimum of the previous candle, the purchase occurs when the maximum is broken;
3) The stop loss is positioned at the low of the candle in step 2.
Setup 9.4 for sale
1) A candle generates a 9.1 long;
2) The next candle should generate a 9.1 short without losing the maximum of the previous candle, the sale occurs at the loss of its minimum;
3) The stop loss is positioned at the maximum of the candle in step 2.
PORTUGUÊS
Os setups da média móvel exponencial de 9 períodos são simples e eficientes em ativos em tendência de alta ou de baixa. Sua criação é atribuída ao trader Larry Williams . No Brasil é amplamente divulgado pelo trader Alexandre Fernandes (Palex).
Esse indicador foi criado para mostrar o setup que surgiu em cada candle e uma seta mostra a direção que deve ser feita operação (seta para cima, compra, e seta para baixo, venda).
Abaixo temos as regras que descreve cada setup.
Setup 9.1 de compra
1) A MME9 está descendente;
2) O candle que mudar a direção da média para cima, após o seu fechamento, ativa o setup, se sua máxima for rompida é ativada a compra;
3) O stop loss é posicionado abaixo da mínima do candle do passo 2.
Setup 9.1 de venda
1) A MME9 está ascendente;
2) O candle que mudar a direção da média para baixo, após o seu fechamento, ativa o setup, se sua mínima for perdida é ativada a venda;
3) O stop loss é posicionado acima da máxima do candle do passo 2.
Setup 9.2 de compra
1) A MME9 está ascendente;
2) O candle atual deve fechar abaixo da mínima do candle anterior, se sua máxima for rompida é ativada a compra;
4) Caso a máxima do candle do passo 2 não seja rompida, a compra o ocorrerá no rompimento da máxima do candle seguinte;
5) O stop loss é posicionado abaixo da mínima do candle do passo 2 ou do passo 3.
Setup 9.2 de venda
1) A MME9 está descendente;
2) O candle atual deve fechar acima da máxima do candle anterior, se sua mínima for perdida é ativada a venda;
4) Caso a mínima do candle do passo 2 não seja perdida, a venda ocorrerá no rompimento da mínima do candle seguinte;
5) O stop loss é posicionado na acima da máxima do candle do passo 2 ou do passo 3.
Setup 9.3 de compra
1) A MME9 está ascendente;
2) Um candle de referência deve seguido por dois fechamentos seguidos abaixo do seu fechamento, a compra ocorre no rompimento da máxima do último candle;
3) Se a última máxima não for rompida, a compra ocorre no rompimento da máxima do candle seguinte;
4) O stop loss é posicionado abaixo da mínima do candle do passo 2 ou do passo 3;
Setup 9.3 de venda
1) A MME9 está descendente;
2) Um candle de referência deve seguido por dois fechamentos seguidos acima do seu fechamento, a venda ocorre no rompimento da mínima do último candle;
3) Se a última mínima não for rompida, a venda ocorre no rompimento da mínima do candle seguinte;
4) O stop loss é posicionado acima da máxima do candle do passo 2 ou do passo 3;
Setup 9.4 de compra
1) Um candle gera um 9.1 de venda;
2) O candle seguinte deve gerar um 9.1 de compra sem perder a mínima do candle anterior, a compra ocorre no rompimento da sua máxima;
3) O stop loss é posicionado na mínima do candle do passo 2.
Setup 9.4 de venda
1) Um candle gerar um 9.1 de compra;
2) O candle seguinte deve gerar um 9.1 de venda sem perder a máxima do candle anterior, a venda ocorre na perda da sua mínima;
3) O stop loss é posicionado a máxima do candle do passo 2.
Jurik Smoothed Williams %R by jwammo12This is Williams %R that has been used using Jurik's method. This removes a lot of the chop and false signals of William's %R while adding only minimal lag.
Williams Vix Fix paired with Supertrend HeatmapThis script shows my mod of the powerful Williams' Vix Fix indicator paired with a modified Supertrend Heatmap, originally created by Daveatt.
Haos Visual @PuppyTherapyToday I am bringing to you my interpretation of the Haos Visual Oscillator with a trend which is derived from two Williams R% indicators smoothed by T3. I have been inspired by this idea in the following post.
www.prorealcode.com
Is a pretty unique indicator indeed that due to its smoothing provide nice entries. Your Entry signal is when the histogram, which is the longer term willy is green that signalizes strong bullish momentum. If you then receive a momentum change which is the dot on the short willy or you breach the -30 to -40 area it is a strong buy signal.
Also, this is my first V4 Script thanks to Tradingview to adding to the platform :)
Williams %R IndicatorDeveloped by Larry Williams, Williams %R is a momentum indicator much like the Stochastic Oscillator and is especially popular
for measuring overbought and oversold levels. The scale ranges from 0 to -100 with readings from 0 to -20 considered overbought,
and readings from -80 to -100 considered oversold. Typically, Williams %R is calculated using 14 periods and can be used on intraday,
daily, weekly or monthly data.
This implementation is enhanced with CCI in the form of background colors as a confirming signal and an indication of a prevailing trend.
Setup 9.4 - Larry Williams---IN-US---
Hi traders, this simple setup was created by the professional Trader Larry Willians.
This trade system is based on 9 EMA .
Setup EMA 9.3
1) Find a stock with 9 EMA uptrend and turns down, but the low of the candle which made turn go down can't be lose, 9 EMA can go down ONLY ONE candle.
2) Wait for 9 EMA go up in the next candle and mark the high.
3) If the price doesnt across the high, mark the next high.
4) Buy when the price cross the mark.
5) Stop-loss in the low of the marked candle.
--PT-BR---
Olá traders, setup universal, criado pelo famoso Trader Larry Williams , e divulgado pelo Trader Palex. Setup baseado na MME de 9 períodos.
Setup MME 9.4
1) Achar ativo com a MME9 esteja subindo; A MME9 vem subindo e vira para baixo, mas o candle que fez essa virada ocorrer não tem a mínima perdida e a MME9 volta a virar para cima no candle seguinte. Só pode ficar virada pra baixo 1 candle e logo no candle seguinte a média vira pra cima.
2) Marcamos a máxima do candle que fez a MME9 virar para cima e no seu rompimento temos a entrada na
ponta compradora.
3) Se a máxima não for rompida, marcar a próxima máxima;
4) Compra no rompimento dessa máxima (qualquer negócio acima dessa máxima);
5)Stop-loss na mínima do candle que fez a MME9 virar para baixo.
Bons trades a todos.
Setup 9.3 - Larry Williams--IN-US---
Hi traders, this simple setup was created by the professional Trader Larry Willians.
This trade system is based on 9 EMA .
Setup 9.3
1) Find a stock with the 9 period EMA uptrend.
2) Look for a close which is followed by two lower closes,
3) Mark the high of the last candle.
4) Buy when the price cross the mark.
5) Stop-loss in the low of the marked candle.
---PT-BR---
Olá traders, setup universal, criado pelo famoso Trader Larry Williams , e divulgado pelo Trader Palex. Setup baseado na MME de 9 períodos.
Setup MME 9.3
1) Achar ativo com a MME9 esteja subindo;
2) Procurar 1 fechamento que seja seguido por dois fechamentos seguidos descendentes (abaixo do "candle referência") e marcar máxima do último candle;
3) Se a máxima não for rompida, marcar a próxima máxima;
4) Compra no rompimento dessa máxima (qualquer negócio acima dessa máxima);
5) Stop na mínima do candle anterior ao que gerou a entrada;
Setup 9.2 - Larry Williams---IN-US---
Hi traders, this simple setup was created by the professional Trader Larry Willians.
This trade system is based on 9 EMA.
Setup EMA 9.2
1) Find a stock with 9 EMA uptrend.
2) Wait for a close below the last candle low and mark the high of it candle.
3) If the price doesnt across the high, mark the next high.
4) Buy when the price cross the mark.
5) Stop-loss in the low of the marked candle.
---PT-BR---
Olá traders, setup universal, criado pelo famoso Trader Larry Williams, e divulgado pelo Trader Palex. Setup baseado na MME de 9 períodos.
Setup MME 9.2
1) Achar ativo com a MME9 subindo;
2) Aguardar fechamento abaixo da mínima do candle anterior e marcar a máxima desse candle;
3) Se a máxima não for rompida, marcar a próxima máxima;
4) Compra no rompimento dessa máxima (qualquer negócio acima dessa máxima);
5) Stop na mínima do candle anterior ao que gerou a entrada;
Bons trades.
Willams %R with 13 EMA and middle pointWillams %R with 13 EMA and middle point. It also uses the textbook formula instead of the Tradingview one.
Ergodic CSI Backtest 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 relationship between
price and momentum in step-by-step examples. From this grounding, he then looks
at the deficiencies in other oscillators and introduces some innovative techniques,
including a fresh twist on Stochastics. On directional issues, he analyzes the
intricacies of ADX and offers a unique approach to help define trending and
non-trending periods.
This indicator plots Ergotic CSI and smoothed Ergotic CSI to filter out noise.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Ergodic CSI Strategy 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 relationship between
price and momentum in step-by-step examples. From this grounding, he then looks
at the deficiencies in other oscillators and introduces some innovative techniques,
including a fresh twist on Stochastics. On directional issues, he analyzes the
intricacies of ADX and offers a unique approach to help define trending and
non-trending periods.
This indicator plots Ergotic CSI and smoothed Ergotic CSI to filter out noise.
WARNING:
- This script to change bars colors.
Alligator AnalysesA 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.
Smoothened Williams Accumulation/Distribution (Williams AD) 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 of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Smoothened Williams A/D Strategy 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 of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
WARNING:
- This script to change bars colors.
Williams Accumulation/Distribution (Williams AD) Backtest 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 of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Williams Accumulation/Distribution (Williams AD) Strategy 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 of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
WARNING:
- This script to change bars colors.
SMI Ergodic Oscillator Backtest ver.2 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 these signals. The user may change the input (close), method (EMA), period lengths
and guide values.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
WARNING:
- For purpose educate only
SMI Ergodic Oscillator Strategy ver.2 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 these signals. The user may change the input (close), method (EMA), period lengths
and guide values.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
WARNING:
- For purpose educate only
