Indicator for Stop Loss levels calculation using Bill Williams technique – indicator MetaTrader 4

Indicator for Stop Loss levels calculation using Bill Williams technique - indicator for MetaTrader 4
Author Vladmir Hlystov An indicator for Stop Loss levels calculation using Bill Willams technique Bill Williams in his book “Trading Chaos: Applying Expert Techniques to Maximize Your Profits” (Chapter 7, Level One: Novice Trader, p.95) has described SL as follows: “…We place the air bag one tick above/below the high/low of the second bar back … Read more

Williams’ Percent Range (%R) – indicator MetaTrader 5

Williams’ Percent Range indicator
Williams’ Percent Range technical indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams’ %R is very similar to Stochastic Oscillator. The only difference is that %R has an upside down scale and the Stochastic Oscillator has internal smoothing. To show the indicator in this upside down fashion, one places … Read more

Bill Williams ATZ indicator – indicator MetaTrader 4

Bill Williams ATZ indicator - indicator for MetaTrader 4
This indicator throws visual and verbose buy/sell signals according to Bill Williams Trading in the Zone methodology and Alligator and MACD. According to Bill Williams trading in the zone helps to maximize/double/triple profits when the market goes your way, namely, when momentum, acceleration and price confirm that you have strong trend or acceleration period. Armed … Read more

Larry Williams’ Variable Accumulation Distribution (WVAD) Indicator – indicator MetaTrader 5

Larry Williams' Variable Accumulation Distribution (WVAD) Indicator - indicator for MetaTrader 5
Albeit forex with major pairs does not have volume information, one of the most used indicators where this information is available is Williams’ Variable Accumulation Distribution, or WVAD for short. It’s basic mathematical definition is: While signal of (close-open) represents direction (positive for uptrend, negative for downtrend), it quantifies the amount of volume needed to … Read more

Bill Williams – EA MetaTrader 5

Bill Williams
Idea by: more mq5 code by: barabashkakvn An Expert Advisor based on two indicators: iFractals (Fractals) and iAlligator (Alligator). Considered is the latest (the “youngest”) fractal only. Moreover, considered is only the fractal that is completely above (the condition for the upper fractal) or below (the condition for the lower fractal) Alligator. As soon as the price … Read more

williams percent direction index – EA MetaTrader 5

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This expert advisor opens trades , for buys, sell are inverse. when the williams percent rises and the average directional index di+ di- crosses down closes trades when money flow index closes above level. stochastic changes its direction downwards All inputs are variable, includes lots and SL TP. williams percent direction index – expert for … Read more