vlkvr

Bill Williams. Alligator, Fractals & Res/Sup combined (by vlkvr)

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".
ملاحظات الأخبار: Reworked the fractal code according to the original
ملاحظات الأخبار: change only preview
ملاحظات الأخبار: Sorry for spam, just I wanted to make a nice preview.
ملاحظات الأخبار: Мigration to pine-script version 3.
Added icons to the control panel.
ملاحظات الأخبار: preview changed
ملاحظات الأخبار: change default color of Res/Sup
ملاحظات الأخبار: nothing, just preview
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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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vlkvr sluciano1980
@sluciano1980,
I'm glad it helps you!
Good luck and profit in your trading!
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Hi @vlkvr, is there a way to run it as a strategy ?
Thanks in advance
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vlkvr 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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vlkvr 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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