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Angulation indicator

4

The indicator draws angulation lines on a chart. These lines can help make decision on whether to enter the market or stay out of it. It is used to filter the signal "The First Wise Man" described in Bill Williams' strategy.

Angulation in this indicator is displayed for any bar that is formed after Alligator's mouth is crossed (not only for reversal).

Settings:

  • Show angulation lines.
  • Show info - show additional details (angulation degree, calculation points, number of bars).
  • Minimal angle to filter - the angle (in degrees), above which angulation lines are shown. Default is 22°.
  • Bars to find angulation - number of bars for finding angulation after Alligator lines are crossed. Default is 20 bars.
  • Base of comparison - base line finding method: Only Jaws - Alligator's blue line, Average (Jaws+Teeth)" - the arithmetic mean of the red and blue lines of the Alligator. Default is "Average (Jaws + Teeth)".
  • Vertical-Horizontal ratio - ratio of the horizontal and vertical resolution of your monitor (in percentage). For example, for a monitor with a resolution of 1600x900 pixels it is 56%. Default is 60%.
  • Colors - color of indicator lines.
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The indicator displays signals according to the strategy of Bill Williams on a chart: 1. Signal "First Wise Man" is formed when there is a divergent bar with angulation. A bullish divergent bar has a lower minimum and the closing price in its upper half. A bearish divergent bar has a higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator are intertwined, and the price has gone up significantly(or downwards). A valid bullish/bearish div
Indicator displays signals of the Awesome Oscillator on the chart according to the strategy of Bill Williams: Signal "Saucer" - is the only signal to buy (sell), which is formed when the Awesome Oscillator histogram is above (below) the zero line. A "Saucer" is formed when the histogram changes its direction from descending to ascending (buy signal) or from ascending to descending (sell signal). In this case all the columns AO histogram should be above the zero line (for a buy signal) or bel
The indicator displays Accelerator Oscillator (AC) signals in accordance with Bill Williams' strategy on a chart. The AC histogram is a five-period simple moving average drawn on the difference between the value 5/34 of the AO histogram and a 5-period simple moving average of this histogram. Interpretation of AC is based on the following rules - if AC is above the zero line, it is considered that the market acceleration will continue its upward movement. The same rule applies to the downward mov
Exchange Time
Bohdan Kasyanenko
Trading volume and volatility change for different currency pairs, depending on the movement of the clock hands. You will be able to trade more efficiently if you know which currency pairs are at the center of attention at one time or another. Timing plays a very big role when trading currencies. The indicator shows the trading sessions of the largest exchanges in the world. The operating time is displayed in the form of a countdown before the opening time and the closing time according to UTC (
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Tim Eubanks
5762
Tim Eubanks 2018.03.17 04:09 
 

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Maksym Mudrakov
29835
Maksym Mudrakov 2016.08.31 14:39 
 

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Vadim Strelkov
7710
Vadim Strelkov 2014.05.29 07:55 
 

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Version 1.1 2021.12.02
Indicator is compiled with a new build of compiler.