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Wise Men Indicator demo


The indicator displays signals according to the strategy of Bill Williams on the chart.

Demo version of the indicator has the same features as the paid, except that it can work only on a demo account.

  1. Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - 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 divergent bar (B/D/B) must satisfy AO (Awesome Oscillator): Bullish d/b - AO red below "0", Bearish d/b - AO green above "0". 
  2. Signal "Second Wise Man": shows where you need to increase the position if the momentum continues to grow in the chosen direction. (Determined by the indicator Awesome Oscillator (AO)).
  3. Signal "Blue Light Special" (BLS) - shows the point of entry into the market at a lower price than at the moment of the signal.
  4. Signal "Third Wise Man" - is the third point of entry into the market accordingly to the Bill Williams strategy. When the price moves in the direction of the trend fractal breakout is an important signal. Formed and implemented only after the first two "wise men".
  5. Signal "Fractal breakout" - a fractal signal, which is generated outside Alligator. May be the first signal.
  6. Indicator displays on the chart Angulation lines (if it occurs ) when a divergent bar appears. That allows You to visually determine the degree of divergence of prices and Alligator.

Filtering of B/D/B on fractals allows you to find more accurate entry point. In the settings provided the appropriate radio button.


  • The digit "1" in a green circle - a bullish divergent bar (in red circle - bearish divergent bar);
  • The digit "2" in the circle of green - signal "Second Wise Man" for long position (in the red circle - a short position signal);
  • Square green - signal "Blue Light Special" for long position (red - for short position);
  • The digit "3" in the circle of green - signal "Third Wise Man" for long position (also signal "Fractal breakout") (in the red circle - a short position signal).
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Trendindikator, bahnbrechende, einzigartige Lösung für Trendhandel und -filterung mit allen wichtigen Trendfunktionen in einem Tool! Es handelt sich um einen 100 % nicht neu zu malenden Multi-Timeframe- und Multi-Währungs-Indikator, der für alle Symbole/Instrumente verwendet werden kann: Forex, Rohstoffe, Kryptowährungen, Indizes und Aktien. Trend Screener ist ein effizienter Trendfolgeindikator, der Pfeiltrendsignale mit Punkten im Diagramm liefert. Die Funktionen, die im Trendanalysator-Indika
50 USD
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
249 USD
RSI Divergence Full
Mihails Babuskins
4.54 (28)
RSI Divergence Full + 5 other divergence indicators(CCI / MFI / OBV / Stochastic / OsMA). For test, you can download the Limited edition of the indicator which is free and works on EURAUD.   Contact me after the purchase to send you the guide file and add you inn "RSI Divergence Group", share your experiences with other users. Also you can download the >>>  Hybrid Trading EA  <<< that is designed and implemented based on RSI Divergence Indicator. RSI is a pretty useful indicator in itself bu
39 USD
Spirit mt4
Alena Snigireva
5 (1)
Spirit mt4 is an indicator that works without flashing, the signals are triggered after the arrow at the beginning of the next candle Includes several indicators for overbought and oversold levels. Works with any currency pair: EUR/USD, AUD/USD and others. After the purchase, send me a private message and I will send you the settings that I use for this indicator. Suitable for trading cryptocurrencies. I like to trade cryptocurrency more, so I use it more there. It can also be used
800 USD
Trend Scanner GS
Vasiliy Strukov
5 (15)
Trend Scanner scannt Markttrends aus Multi-Symbolen und Multi-Time-Frames und zeigt sie auf einem beweglichen Panel auf dem Chart an, den er zur Analyse verwendet. Der Händler kann mehrere Paare seiner Wahl zur Anzeige auswählen. Trend Scanner ist ein großartiges Tool, um die Richtung des Trends zu sehen, und kann für den manuellen Handel oder den EA-Handel verwendet werden, indem nur Kauf- oder Verkaufsaufträge gemäß dem Trend zugelassen werden. Echtzeit-Ergebnisse können hier eingesehen wer
50 USD
ICT Template MT4
David Perk
4.89 (9)
ICT Template Indicator visualizes and automatically updates all important ICT elements for Scalpers, Day and Swing traders. It allows you too keep your chart clean and bring any elements by just one click to the buttons. Thanks to  mobile notifications on external liquidity levels, you will not miss any opportunity and you don't have to sit behind the screens whole day. Each element has fully customizable colours, width, line types, max timeframe to be shown etc... so you can really tweak your c
39 USD
Cycle Sniper
Elmira Memish
4.63 (30)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system. Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before
200 USD
Cycle Finder Pro
Raymond Gilmour
5 (8)
Update - Version 4.0 now includes trend change signal. Indicator will tell you the current trend on all charts. Cycle Finder Pro is a chart reading indicator and is designed for trend and pattern traders . Chart reading is time consuming and complex and requires knowledge of price action , cyclicity,  and time frame correlation . Cycle Finder Pro reads all this in one simple indicator so you can spot trend and chart patterns much easier and much faster.  To know if a trend exists on a chart you
48 USD
TrendLine PRO MT4
Evgenii Aksenov
4.88 (249)
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss leve
75 USD
Swing Scanner
Reza Aghajanpour
4.58 (19)
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me after the purchase to send you instructions and add you in "Swing scanner group" for sharing or seeing experiences with other users. CURRENT PRICE $39..... Future Price $200 Introduction: Swing Scanner is the indicator designed to detect swings in the direction of the trend and possible reversal swings. The indicator studies several price and time vectors to track the aggregate trend direction and detects si
39 USD
Weitere Produkte dieses Autors
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
49 USD
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
30 USD
Angulation indicator
Bohdan Kasyanenko
3.33 (3)
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 fi
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
30 USD
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 (
30 USD
BW Alligator
Bohdan Kasyanenko
An improved version of the classic Alligator indicator by Bill Williams. Description The Alligator technical indicator is a combination of moving averages (balance lines). Blue line (Alligator Jaw) is a 13-period smoothed moving average, shifted by 8 bars into the future; Red line (Alligator Teeth) is an 8-period smoothed moving average, shifted by 5 bars into the future; Green line (Alligator Lips) is a 5-period smoothed moving average, shifted by 3 bars into the future; Purple line (Fast Gat
30 USD
145181 2021.02.12 20:39 

Hello.The digits on the chart is to small and to often changing direction.

Maksym Mudrakov
Maksym Mudrakov 2016.08.31 12:33 

Der Benutzer hat keinen Kommentar hinterlassen

Vadim Strelkov
Vadim Strelkov 2014.05.21 07:22 

Der Benutzer hat keinen Kommentar hinterlassen

Antwort auf eine Rezension
Version 2.6 2021.12.01
Indicator compiled with newbuild of compilator.
Version 1.99 2016.08.22
- Added correct shift for accounts with five digits
- Added new type of notification
Version 1.96 2014.09.15
- Fixed display of signal "First Wise Man" when parameter "Squat bar deviation" is equal to 2.
- Optimized indicator code.
Version 1.95 2014.06.26
- Added price labels.
- Added notifications: alerts, e-mail, push.
Version 1.9 2014.05.27
- Added filtering by Squat bars.
- Improved signal quality.
- Added displaying of fractals, breakout fractals are highlighted.
- Added coloring of bars on the chart in several ways:
by MFI indicator;
by Super AO;
by zonal trade (AO+AC) and Squat bars;
only Squat bars.

Version 1.7 2014.05.21
- fixed minor bugs;
- improved quality of signals;
- added filtration by angulation (lets find local 1st WM by strict rules)
- code optimized