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BW Dance

BW Dance - Bill Williams Trading Chaos Signal MTF Indicator for MetaTrader 5

!!! This indicator is not a trading system !!!
This is only a convenient tool for receiving signals of the Bill Williams trading system in visual and sound mode

-  Signals are not redrawn/ not repainting

The main idea of ​​the indicator:

  • display current signals of the BW system on the right edge of the chart, according to the principle HERE and NOW
  • output signals in three ways:
    1. next to the price scale
    2. under / above price
    3. bottom of the chart - opposite the signal candle / bar
  • keep the chart clean and comfortable for work

The main feature of the indicator:

  • The MTF mode of AO / AC / "Zone" signals allows you to see the signals of the BW system without switching the chart to other timeframes
  • The Alert control panel allows you to flexibly configure the receipt of the necessary signals for a specific type of signal:
      - AO / AS / "Zone"
      - given timeframe
      - direction of trade
      - price position relative to the Alligator
  • The control panel can be minimized. From it you can turn off the display mode of MTF signals
  • Using the indicator, you can flexibly and in a timely manner receive signals confirming the development of a trend or its short-term or complete change in direction

Signals of the Bill Williams system that the indicator displays

  • Signals on the AS and AO - all except the signal of JSC Two Peaks are output
  • AO / AC signals on the chart and in the MTF panel - are displayed until a new signal appears
  • Signal "Zones" - the chart displays:
     - on the right, at the price scale only for the 2nd signal candle
     - at the bottom of the chart - starting from the 2nd signal candle, inclusive of the fifth, while the last two "Zones" are displayed
     - in the MTF panel with the 2nd and as long as there is a zone

Features of working with the indicator:

  1. The BW Dance indicator includes the main indicators of Bill Williams - Alligator, fractals, AO, AS. Therefore, set the indicator on a clean schedule, after that the main indicators of the BV system will appear on the chart automatically

  2. Alerts can be set for any TF. MTF signals - only for standard TFs

  3. To prevent the indicator from covering the indicators, you can move the marker to set the right edge of the chart (at the top of the screen). For the right edge to be “fixed” - you need to press the “Auto Scroll” and “Indent” buttons

  4. Using the Alligator filter in the settings menu, you can filter the "Zone" signal when it is displayed on a chart

  5. When switching to another TF:
    - the indicator panel always collapses
    - settings for alerts set in the control panel are reset


To select the fractal symbol on the chart, use this table:
https://www.mql5.com/en/docs/constants/objectconstants/wingdings

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Indicadores
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Indicadores
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Young Ho Seo
4 (3)
Indicadores
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
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4.5 (14)
Indicadores
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Muhammad Elbermawi
Indicadores
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4.44 (9)
Indicadores
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4.54 (13)
Indicadores
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TSO Fibonacci Chains MT5
Dionisis Nikolopoulos
Indicadores
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
PZ Swing Trading MT5
PZ TRADING SLU
5 (5)
Indicadores
Swing Trading es el primer indicador diseñado para detectar oscilaciones en la dirección de la tendencia y posibles oscilaciones de reversión. Utiliza el enfoque de intercambio de línea de base, ampliamente descrito en la literatura comercial. El indicador estudia varios vectores de precios y tiempos para rastrear la dirección de la tendencia agregada y detecta situaciones en las que el mercado está sobrevendido o sobrecomprado y listo para corregir. [ Guía de instalación | Guía de actualización
Fibo World MT5
Pavel Verveyko
Indicadores
The indicator builds a graphical analysis based on the Fibonacci theory. Fibo Fan is used for the analysis of the impulses and corrections of the movement. Reversal lines (2 lines at the base of the Fibonacci fan) are used to analyze the direction of movements. The indicator displays the of 4 the target line in each direction. The indicator takes into account market volatility. If the price is above the reversal lines, it makes sense to consider buying, if lower, then selling. You can op
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Brian Collard
3.25 (4)
Indicadores
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