EneX SignalEneX is signal that give recommendation signals for entry and exit on spot market. This indicators not suitable for leverage trading in futures market.
EneX signal consider several indicators and has entry and exit rules.
EneX signal is suitable for investors who believe in trend following strategy (disclaimer on).
This script composed by Yohan Naftali for educational purpose only. Reader who will use this signal must do own research.
Indicator and Plot Involved
1. Williams Fractals with default periods = 2
2. William Alligator Indicators with default simple moving average 8, 13, and 21
3. Exponential Moving Averages with default value EMA 50, 100, and 200
4. Relative Strength Index with default overbought level = 80 and oversold level = 20
5. Williams Fractals are joined to create support and resistance line and fill area between support and resistance lines.
Entry signal conditions
1. Entry on Weakness when bullish fractal appear on n/2 period
2. Entry when price break resistance line
All entry condition must above EMA and alligator signal and not in overbought RSI
Exit signal conditions
1. Lowest price is below Exponential Moving Average
2. Lowest price is below William alligator lines
You can easily find entry and exit points by using Entry (E), Exit(X) signals
How to use
1. Monitor chart and wait until E or X signals
2. Entry if Entry Signal (E) appear (green colored label)
3. Exit if Exit Signal (X) appear (red colored label)
4. Change indicators setting when necessary
Best Practice
1. Entry only when entry signal (E) appear
2. Never entry when price below William alligator signal
3. Exit when exit signal (X) appear
4. Not exit when exit signal appear when you believe or you have information that price will be rebound
5. Exit if you believe that current price meet your target price
6. Always wise when use EneX signals
Disclaimer
Do your own research and consider fundamental price of asset.
The indicators provided on this script is for educational purposes only.
Author does not offer advisory or brokerage services, nor does it recommend or advise users to buy or sell particular stocks or securities.
Please examined script and give feedback for further improvement.
Williams Fractal
Forex Fractal EMA ScalperThis is a forex scalper designed for very short timeframes 1-5 min max.
At the same time due to the short timeframe, is recommend to re optimize it weekly .
Its components are
Fractals
Triple EMA with different lengths
Rules for entry:
For long : we have an up fractal and all 3 ema are in ascending order
For short: we have a down fractal and all 3 ema are in descending order.
Rules for exit
We exit when we either get a reverse order or when we hit the take profit or stop loss calculated in fixed pips.
Williams Fractals BUY/SELL signals indicatorThis indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index. You can easily find entry points by using Long (L), Short (S) signals.
This is a 15min scalping strategy for BTC:USDT Perpetual pair. For use different pairs or TFs you may need to change settings.
How to use
****************
When flashing Long (L) or Short (S) signal you should wait until the candle closing for the confirmation.
After that candle closed with the signal, you can enter a trade in next candle opening.
Your SL should be 3.1% from etnry and TP should be 0.5% from entry for best results. (You can use Long Position / Short Position tool in Prediction and Measurement Tools in drawing pannel to calculate this. This settings only for BTC:USDT Perp 15 min TF. For other TFs or Pairs settings may vary. You can easily change these settings and backtest your own.)
After entering a trade you can be ignored next signals until close the trade.
To learn more about this strategy, please try the "Williams Fractals Strategy" I coded. Thank you!
Williams Fractals StrategyThis indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index. You can easily find entry points by using Long (L), Short (S) signals.
Note : Settings are optimized for BTC:USDT Perpetual 15min TF. For use different pairs or TFs you may need to change settings.
Fractal Corridors BacktestFractal Corridors is a strategy developed a used by Vladimir Poltoratskiy. You can learn about this in his books from the series Trading Code Is Open which I recommend reading.
The strategy allegedly works best in a high-liquidity environment with little to no impactful events. The author likes to trade EURUSD, Copper, and USDCAD, I think, was another pair.
Logic is based on his 3-bar fractals and their fractures as they come. Basically, if the fractal level gets broken by a certain number of ticks (usually 6 - 14% Average Daily Range), a corridor is built and stop-market entry will be filled.
There are other rules you will find in the book. Most importantly - avoid trading during events and extremely choppy symbols which seem to follow no logic.
Lastly, the script includes 5 different definitions of Fractal Corridor. I think Mode 5 is the correct one but I was unable to confirm that exactly as it gets a little tricky. I am willing to disclose this part of the code to other Pinecoders, but it will not be available for everyone, because that could discourage people from getting the book.
Thanks to @mincho1010 for help with testing different versions as I worked on the script.
Have a good day!
Fx Crusher Scalping Indicator V1█ OVERVIEW
Scalping Indicator with Buy and Sell Signals for the 15 min and 5 min Chart. Works on all assets (Crypto, Forex, Stocks, Indices, Commodities and Metals)
Only use in trending markets. Signals in a ranging market are useless.
This Scalping Indicator is different from others because most of the Buy/ Sell signals actually make sense. No counter trend trading and most signals can be very profitable when used right.The single most important goal was to have an indicator that shows signals with a big possible risk reward ratio. Most false signals are filtered out. The Fx Crusher Scalping Indicator is not perfect but it is amazing. You can customize the indicator to get the highest signal quality.
█ HOW DOES IT WORK?
The indicator determines the trend direction by using 3 different smoothed moving averages. A green background shows an uptrend and a red background shows a downtrend.
The strength of the trend is determined by the slope of the individual SMMAs. You can set the slope of every single SMMA for buys and sells individually.
The indicator only shows signals when there is a clear trend on the current timeframe.
Entry signals are generated by a combination of Williams fractals, SMMA crossover, trend angle and RSI condition.
█ HOW TO USE?
Draw Support & Resistance lines on the 4H Chart
Determine the overall trend on the 1H Timeframe
Go to the 15 min or 5 min Time Frame and have a look at the signals
Adjust the slope of every single SMMA in 0.01 steps until the signals look good
Adjust the RSI settings for overbought and oversold condition if necessary
Only enter a trade after the candle that prints a signal is closed.
Only take buy positions when all SMMAs are going up and don’t touch each other
Only take sell positions when all SMMAs are going down and don’t touch each other
Only use this Scalping Indicator with proper Risk management and a risk reward ratio of around 1:2.
Trail your stop to get the most pips out of the signals. Very often the indicator shows signals right before major moves.
█ ADDITIONAL INFO
Be careful with buy signals when the market on the higher timeframe (4H and 1H) is in a downtrend and vice versa.
You can make the most profit out of this Indicator when you enter with 2 positions. A quick scalp and a runner. Because there's a lot of signals with huge risk reward ratios but also some unprofitable signals . Therefore make sure you make the best out of the good signals and apply proper risk management to limit losses with bad signals. Stop loss placement according to market structure.
Multiple Signals in a row can show a high probability of a very strong upcoming move. Monitor your trades and secure partials to make the best out of it.
You can select how many signals it is going to show once trend conditions are met. Please be aware that the longer a trend goes, the higher is the probability of a reversal. Therefore the first few signals after all conditions are met are most likely the most profitable.
By setting the slope of the slow SMMA correctly you can filter out most signals in a ranging market.
█ DISCLAIMER
This is not financial advice. I do everything I can to provide the most accurate buy and sell signals for scalping but past results are no guarantee for future performance.
HPH's FractalTradesThis indicator is based on some dark fractal magic.
Not really, it's inspired by Vladimir Poltoratskiy and basically just waits for the price to go higher or lower than a previous fractal. If that's the case and all the additional settings allow the trade to take place, it is entered with the stop loss at the last opposite fractal of were it was entered (so if we enter a trade because the price went higher than the last up fractal, the sl is at the last down fractal).
The trades are visualised with a stop loss and 3 take profits levels (at a 1:1, 2,1:1 and 4:1 risk/reward ratio). The stop loss will trail once a certain take profit level is reached. Enjoy!
The settings:
LiveVersion : If ticked it will use close for stop losses and take profits. If unticked high and low will be used. Neither is accurate when backtesting as there is no intrabar data...
CancelEarly : Swings trade in the opposite direction when an opposite signal is received. If unticked the trade will continue until a tp or sl is hit.
ShowStats : Show a table in the top right displaying how many times the stop losses or take profits got hit.
FractalPeriods : Number of bars that are required for a fractal. E.g. if it's 2, 2 bars need to be lower on the left and right of a candle for it to print an up fractal.
MinFractalDiv : If this is bigger than 0, it will not allow new fractals to print unless they are at least a percentage based amount bigger than the last one. So this can be used to filter out fractals that are in the same range. Bigger value = more aggressive filtering!
TicksOnFractal : Tick based offset to add onto the fractals to enter trades. E.g. if it's 5 and the price goes above an up fractal, it needs to go up 5 more ticks to enter a trade.
UseFilter, FilterMultMin and FilterMultMax : If ticked, trades are limited to the once in the specified range (distance of the stop loss). E.g. if FilterMultMax is 0.05, the stop loss can not be bigger than 5% of the assets price for the trade to take place.
RSI Centered PivotsJust a simple RSI central pivot strategy I made for a friend.
Backtested on BYBIT:BTCUSD, 155m.
DISCLAIMER : Please do your own research into anything you use before using it to trade.
Fractal Fire Zones/Wave RiderMulti timeframe confluence reader: This indicator plots fractals on any specific timeframe selected, multi time frame ema cross that changes color with the trend, multi timeframe 200ema and a calculation that shows potential turning points with a multi timeframe stochastic oscillator confluence. The fire zones are preferred in a ranging market or for potential scalps while the ema trend is designed to keep you with the main trend in any given session. The accumulation/distribution candles can be used to gauge pull backs for re entry or exits based on time or multiple confirmations.
SL Hunter Tracker SL Hunter Tracker
coded by Bogdan Vaida
SL Hunter Tracker is a meticulous hunter that tracks SL hunters.
First it plots the fractals on the chart, then it draws lines from them
to the last wick that touched that height. You can add sweep alerts, once
per bar close, so that you get notified when a wick was touched.
Tested on: EURUSD 30'
OS FractalsAn up fractal is formed when a high is both preceded and followed by lower highs. A down fractal is formed when a low is both preceded and followed by higher lows.
Bill Williams uses a period of 2 (2 after and 2 before) to define a fractal. This indicator has 2 as default but lets you decide the range you want.
The indicator lets you also select alerts when price crosses an up of down fractal, which would usually mean to entry a position. This indicator works best when used with an alligator, as long signals are valid above the Balance Line and short signals are valid when triggered below the Balance Line.
Any comments for improvement are welcome.
Fractal lines multi time framePlot lines using last two William's fractals to find trends, it supports different resolutions and alerts
Fractals ROC AlertI am playing William's Fractals and got an idea to calculate each fractal's strength by these rules:
- downFractal. FractalROC = (close - lowest(n+1))/(open【2*n】-lowest(n+1))
- upFractal FractalROC = (highest(n+1)-close)/(highest(n+1)-open【2*n】)
And set up a level to filter small fractals.
Bigger FractalROC, Stronger trend
OS AlligatorOS Alligator includes Bill and Justine Williams´ indicators explained both in their "New Trading Dimensions" and "Trading Chaos: Second Edition" books. This script replicates the visual alerts shown on their graphs.
OS Alligator includes:
- Fractals (with labels for easy reading)
- Divergent Bars (signaled by top and bottom triangles)
- Zone bar colors (the bar is green when both AO and AC are green, red when both are red, and black when different)
- Zone buys and sells (subsequent AO of the same color), with letter Z
- Saucer buys and sells, with letter S
- Highest High and Lowest Low tracking (for traling stop setting)
- Balance line (Teeth) crossover alerts
and of course the Alligator's Mouth (Lips, Teeth, Jaw) with SMMA.
All these functions are customizable both in periods and in color. For example if you want to modify the Fractal or HiLo periods you can do so.
You can also add alerts based on any or all indicators.
Thank you for reading. Any comments for improvement are welcome.
-ownsov
EMA RSI Engulfing StrategyBuy when above 200 EMA, 50 RSI and right after a bearish engulfing candle. SL is engulfing candle low and take profit is 2x the risk.
iTradeAIMS | The BOX IndicatorIntroduction to iTradeAIMS The Box Indicator
Here I will attempt to give a brief introduction to this amazing indicator that has revolutionised my trading since 2009.
Everything in the universe is energy and energy follows the path of least resistance. When it moves it heavily influenced by a structure.
When energy flows it reacts to the underlying structure. Electricity flows through copper wires easily compared to "my arm".
A river flows smoothly on flat plains of the land but becomes violent when flowing down a mountain. Why is this? Why does it change its behaviour?
The Science of Chaos Brings us here. Everything in the universe has an internal or underlying structure. That structure is often, but not always, hidden.
The Market has an underlying Unseen Structure. And it can be revealed by using this indicator. TSX:TSL
Anatomy of the Box
The iTradeAIMS Boxes are formed using the high and low of the fractals.
A new AIMS Box will be created whenever price makes a new high or low Fractal.
The bottom of the AIMS Box – the Lower AIMS Level - is created when a low Fractal is formed i.e. the low of a candle is lower than two candles to the left and two candles to the right.
What is the Underlying Structure of the Market?
The underlying structure of the Market is Elliott Wave .
And the Underlying Structure of the Elliott Wave is the Fractals.
This BOX is an indicator based on the Fractals.
The Upper and Lower Levels require a minimum of five bars with the top of the box being the upper Fractal; the bottom of the box, the lower Fractal
The AIMS Levels are the high and low of the AIMS Box – the upper and lower Fractals.
This indicator, by itself, provided the concept that revolutionised my trading.
What are the Benefits of Using AIMS iTradeAIMS The Box?
1. Identify Trend:
The Box will also help you identify Trending Markets.
The Stepping Up pattern it creases is an indication of UPTREND .
The Stepping Down pattern indicates DOWNTREND .
2. Identify Entry Points
The Box will help you identify Entry Points into the market.
There are two ways it helps you make entries into the market.
a) breakout entry
b) trend following entry
3. Identify Range-Bound Market
The Box helps identify a sideways range-bound market.
When the box is not creating either a stepping up or stepping down pattern, it usually indicates to a sideways or rangebound market on that time frame.
4. Help you Make Entries: Calculate Correct Positions Size and Risk Size
The BOX is the structure of the market that offers the best method of How to calculate Risk Per Trade based on the market generated information.
Calculate your Entry Level and Stop Loss level using the Box Levels on either side of the box.
Buying the Box:
Set a Buy Order a Point above the Box and Stop Loss a point below the Box Low.
Selling the Box
Set a Sell Order a Point Below the Box Low and Stop Loss a Point Above the Box High.
TSLA Entries and Exits for Tesla Stock
I took this trade on the box high of this stock OII
I shared the Idea on TradingView as a Buy Signal on OII
Check the BitCoin Entry Here
5. Stop Loss Trailing Mechanism to Lock in Profits
The box levels are used for Trailing Stops.
For Long (Buy) Orders use the box low as a stop loss level for trailing and locking-in profits.
For Shorts (Sell) Orders, use the Box High levels for trailing stop and lock in profits.
6. Support and Resistance
The Box Levels (upper and lower) clearly shows support and resistance – where price approached a level and could not go further, forcing it to retrace on itself.
Pay attention to how box levels create ranges and also indicate trends.
How to Use this Indicator with other Indicators?
This indicator is great on its own but even greater if used in conjunction with iTradeAIMS The Wave and The Gator and The Magic Purple (Script Available FREE to use on iTradeAIMS Profile)
> The market always creates an AIMS Box before it turns around.
> Every trend starts and ends with an AIMS Box.
> Entries are always taken on the breakout of the AIMS Box.
How to Get Access to This Script?
Enjoy and accept it as my gift to the TradingView Community from iTradeAIMS | This Indicator is now available to everyone for FREE.
Credits: I learned the method from Bill Williams of Profitunity.com All credits, thanks, gratitude, positive vibes, and prayers goes to Dr Williams 🥇 (RIP) and his family ❤.
Confirmation candleConfirmation candle include 2 price action patterns to confirm reversal.
First one is clasic engulf.
Second one is 3 candles patter that shows failed auciton.
Patterns are confirmation for trend setups, not reversal.
WiseAnalyze EMA + fractalsCombination of exponential moving averages allow to spot the trend reversal and expansion, Bill Williams fractals and support resistance zones allow to trade without drawing anything. Just follow the trend.
Study your chart. Note which EMA act as support and bounce most of tests. Most often I use 21/34 EMA for new entries.
Most powerful trend indicator is MAWV. Don't try to trade against it. If price above go long. If below - short.
Stops should be placed behind fractals. Breakout entries on price crossing fractals.
Obbar
in case you don’t know what fractal is fractal is a way of a trading by finding critical price levels those critical price levels formed every five candle The middle candle is the critical one, The high or low of this candle is considered support or resistant at the current moment.
The current implementation of fractals indicators across many platforms, tradingview one of them not that Great although it undefined the fractals however at least the hard bar for your brain to process you need to link these factors together to form a trend line , has no directions for the trend and for sure it doesn’t show you the trigger candle.
I have been working for the best three years in a new way to trade fractals A new ecosystem that has it all, support and resistance level showing the trend and also show you the trigger candle where are you can but your buy or sell order. and I call it Obbar.
Identifying the trade:
now let’s see how you can trade this indicator, first let’s identify the trend because you know trend is your friend, and since fractal does not tell you the trend, Will use OBV for this task by applying fractals concepts to OBV we can easily see in which level buyer or seller appeal, since that level is important we should also see a huge volume on those levels, and by applying this concepts we have three area bluish The green one where you should only look for buy signal, a bearish area the red one where you should only look for sell signal, indecision area the blue where are you should just ignore the market.
The trigger candle:
it’s yellow when it’s buying signal don’t forget the trend of course so if the trend is bluish and you have yellow candle The trigger candle will be buying candle.
it’s red when it’s a sell signal added to the trend you should only sell when the trend is bearish of course.
hope this indicator improve your fractal trading, have fun
2B detector betaIdentifying a trend reversal is practically tricky, given that price movement is somewhat unpredictable and mostly obeys a power law. In which the price difference is primarily out of normal distribution. According to Benoit Mandelbrot, the price distribution follows an alpha-stable distribution with α equal to 1.7.
Real data observation suggests that stock prices do not follow the Random Walk Hypothesis or Brownian motion. Instead, they follow a fractal pattern. Fractals exhibit similar patterns at different scales called self-similarity. Using this character, one can develop fractal patterns to identify local highs and local lows.
This indicator identifies the reversal signal so-called 2B base on the following logic:
1. Identify local highs and local lows with fractals
2. Define relative positions of those local highs and lows (ABC and 2B)
3. Define the local range of ABC and B
Disclaimer: This indicator is only for research purposes. Please do not take it as investing or trading advice.
Fractals (Expo)
Fractals (Expo) make use of fractals to identify trends and reversals. The indicator is designed to adapt smoothly and quickly to significant price moves in order to identify trend reversals as well as filtering out noise in an established trend. The indicator is simple to use and understand therefore valuable to all trading styles.
The user has the ability to enable a custom input source which gives the user great flexibility and full control over what the calculations should be based on. The default input source is fractals from the swing points of the market.
Real-Time Trend Alerts
No Repainting
Works on any market and in any timeframe
HOW TO USE
Use the indicator to gain insights into trends and trend reversals.
Identify Trends
Identify Trend reversals
Use it as a Trend filter
INDICATOR IN ACTION
Daily Chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
[SCL] Bitcoin Hashrate Dips (Miner Capitulation)Gives long-term buy signals for Bitcoin from dips and recoveries in the hashrate (the "miner capitulation" theory). It has an overlay and a standalone mode and is fully configurable. It uses Williams Lows and ATR instead of moving averages.
Features that might be interesting for Pinescripters:
+ Automatic (as far as is possible currently) adjustment of plots for overlay and standalone display modes.
+ A neat label function for debugging floats
+ Fully commented
+ The debug that I used to overcome problems in developing it is left in
+ Ideas for how to deal with a wildly oscillating and exponentially increasing data source
You need to run this indicator on the Bitcoin daily chart for it to make any sense. The best is a BTC/USD chart with a long history, such as BNC:BLX.
Trend LineBasic Trend Line base on fractals (v0.1)
Can not draw a line on the future X axis, So just a line segment but not a ray.
I don't have a better idea to upgrade...
