Bill Williams. Alligator, Fractals & Res/Sup combined (by vlkvr) — Chỉ báo của vlkvr

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supportandresistance williamsfractal alligator

Bill Williams indicators (each separately) are simple and quite self-sufficient, however, are most often used together. The key ones ( Alligator and Fractals) are freely available and everyone can use them, but why use them on the chart separately, when "together more fun", and not conceivable, in my opinion, they are one without the other.
So, I present "split/copypasta" of two key indicators of Bill Williams , plus (as a bonus) visualization of "Support/Resistance" levels (and in fact, lines from extremes or the same fractals).
As a result, before you indicator "three-in-one".

Phát hành các Ghi chú: Reworked the fractal code according to the original

Phát hành các Ghi chú: change only preview

Phát hành các Ghi chú: Sorry for spam, just I wanted to make a nice preview.

Phát hành các Ghi chú: Мigration to pine-script version 3.
Added icons to the control panel.

Phát hành các Ghi chú: preview changed

Phát hành các Ghi chú: change default color of Res/Sup

Phát hành các Ghi chú: nothing, just preview

Thanks for what you done! Nice work Vlkvr

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thank you very very good

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This is such a clean and useful indicator. I use it mainly for the fractals and S/R lines and just hide the alligator lines. Thank you!

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Good job Vlkvr and thank you !

It's in my favorite's list !

Cheers !

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sluciano1980

@sluciano1980,
I'm glad it helps you!
Good luck and profit in your trading!

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vlkvr

Hi @vlkvr, is there a way to run it as a strategy ?
Thanks in advance

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jaahbaasjuuniyr

@jaahbaasjuuniyr, Yes, I wrote a strategy based on the breakout of the fractals. But the tests show rather weak results, so I did not consider it necessary to publish this strategy. Maybe I'll publish out soon, just for the show.

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jaahbaasjuuniyr

@jaahbaasjuuniyr, And the problem is that on the basis of the theory of Bill Williams use different approaches. In some cases, it is proposed to enter when the fractal below / above all the lines of the Alligator, in others on the contrary on the "rebound" from the baseline (alligator jaws). The exit from positions is also offered by different indicators... All this complicates the task of making a clear strategy. So I'm going to publish the simplest version, and then ask the community to participate in its improvement.

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GUD JOB.

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I would like to share a recommendation from myself: for more efficiency and accuracy, use this combo-indicator with MACD, RSI and Heiken-Ashi.

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