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Williams VIX Fix Indicator MT4

30 USD

Demo downloaded: 5

Published: 12 July 2025

Current version: 1.0

Williams VIX Fix Indicator MT4

Indicators
Mykola Khandus
Version: 1.0
Activations: 20

Overview

The Williams VIX Fix Indicator is a MetaTrader 4 tool designed to help traders identify potential market tops and bottoms. By analyzing price extremes relative to recent highs and lows, it highlights overbought and oversold conditions using two histograms displayed in a separate window. The indicator combines the Williams VIX Fix calculation with Bollinger Bands and percentile-based thresholds to provide clear signals for potential reversals.

Key Features

Market Tops and Bottoms

Market Tops: Identifies overbought conditions, displayed as a green histogram when triggered (gray when inactive).
Market Bottoms: Identifies oversold conditions, displayed as a red histogram when triggered (gray when inactive).
Separate Window: Histograms are plotted in a dedicated indicator window for clear visualization.

Calculation Logic

Williams VIX Fix Formula: Measures the distance between current price and recent highs/lows, expressed as a percentage.
Bollinger Bands: Applies a standard deviation multiplier to a simple moving average to define upper and lower bands for detecting extremes.
Percentile Threshold: Uses a percentile calculation to filter significant price levels, ensuring robust signal detection.

Alerts

Market Top Alert: Triggers when a market top condition is met, with a customizable message (e.g., "Market Top Reached").
Market Bottom Alert: Triggers when a market bottom condition is met, with a customizable message (e.g., "Market Bot Reached").
Enable/Disable Alerts: Users can toggle alerts for tops and bottoms independently.

Customization

The indicator offers flexible input parameters to suit different trading styles:

Standard Deviation High Period: Adjusts the lookback period for calculating price extremes (default: 22).
Bollinger Bands Period: Sets the period for the moving average and standard deviation (default: 20).
Bollinger Bands Standard Deviation Multiplier: Controls the width of the bands (default: 2.0).
Percentile High Period: Defines the lookback period for percentile calculations (default: 50).
Percentile: Sets the percentile threshold for detecting extremes (default: 85.0).
Alert Settings: Enable or disable alerts for market tops and bottoms, with customizable messages.

If you liked the indicator, I will be glad to have a positive review. If you find any problems with the indicator, please contact me

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Get 10% OFF on manual strategies automation services or indicator development/conversion services at 4xDev using my exclusive promo code: ENTEGRA10

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Screenshot #1 Williams VIX Fix Indicator MT4

Screenshot #2 Williams VIX Fix Indicator MT4

Screenshot #3 Williams VIX Fix Indicator MT4

Screenshot #4 Williams VIX Fix Indicator MT4

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Overview Harmonic Patterns MT4 is a technical analysis indicator designed for the MetaTrader 5 platform. It identifies and displays harmonic price patterns, such as Butterfly, Cypher, Crab, Bat, Shark, and Gartley, in both bullish and bearish directions. The indicator calculates key price levels, including entry, stop loss, and three take-profit levels, to assist traders in analyzing market movements. Visual elements and customizable alerts enhance usability on the chart. Features Detects six ha

40 USD

MACD ADX Oscillator – a powerful indicator that combines the best of the Moving Average Convergence Divergence (MACD) and the Average Directional Index (ADX) to provide unparalleled insights into market momentum and trend strength. Key Features: Dual Momentum Analysis: This indicator merges MACD's ability to detect changes in market momentum with ADX's strength measurement, giving you a comprehensive view of the market's direction and power. Customizable Settings: Tailor the indicator to your t

40 USD

Percentage Price Oscillator (PPO) for MT5 – a dynamic tool designed to measure price momentum and trend direction with precision. Core Features: Flexible Configuration : Customize the PPO to match your trading approach by adjusting the Fast Length, Slow Length, and Signal Length. The indicator is also versatile enough to adapt to any market condition with various source inputs. Intuitive Histogram Display : Choose to visualize the difference between the PPO and Signal lines with a histogram, pro

40 USD

Chandelier Exit for MT5 The Chandelier Exit indicator is designed to dynamically set stop-loss levels based on market volatility, measured through the Average True Range (ATR). Key Features: ATR-Based Stops : The indicator calculates stop-loss levels for long and short positions using a moving average of the True Range (ATR), adapting to market volatility changes. Customizable Parameters : Users can set the ATR period, ATR multiplier, and choose whether to use the closing price to determine pric

30 USD

Overview Heiken Ashi CE Filtered MT5 is a technical indicator for the MetaTrader 5 platform. It integrates smoothed candlestick charting with a dynamic exit strategy and a customizable trend filter to deliver clear buy and sell signals. The indicator is designed to improve trend detection and signal reliability by reducing market noise. If you want to see more high-quality products or order the development/conversion of your own products, visit my partners' website: 4xDev Get 10% OFF on manual

50 USD

Triple EMA Trend Following + Signals indicator is a tool for traders who are looking for accurate trend identification and buy/sell signals! Key Features: Triple EMA Trend Analysis: This indicator uses two Triple Exponential Moving Averages (TEMA1 and TEMA2) to capture short-term and long-term trends effectively. TEMA1 reacts to rapid price changes, while TEMA2 filters out market noise, helping you stay on the right side of the trend. RSI and ATR Filters: It incorporates the RSI (Relative Streng

30 USD

Trend Lines Supports and Resistances is an indicator that analyses the market structure, identifies Pivot Points, displays active Support/Resistance zones and trend levels. Main Features: Defining and displaying Pivot Points. Analyse Pivot Points to build and display trend lines. Setting up visual display of trend lines. Setting up trend lines broken notifications. Analyse Pivot Points to define and display support and resistance levels. Setting up visual display of support and resistance leve

50 USD

Trend Levels Indicator Elevate your trading strategy with the Trend Levels Indicator , a sophisticated tool designed to detect market trends and highlight critical price levels. This cutting-edge indicator is packed with features to simplify trend analysis and empower your decision-making process. Key Features: Dynamic Trend Levels : Accurately plots high, mid, and low levels based on market dynamics. Custom Alerts & Notifications : Get real-time alerts and notifications when trends change, ensu

30 USD

Overview The %R Trend Exhaustion Indicator is a versatile technical analysis tool for MetaTrader 5, adapted from a popular TradingView indicator. It is designed to help traders identify trend exhaustion points, potential reversals, and trend continuation signals across various market conditions. The indicator offers multiple display modes and customizable settings to suit different trading strategies, enhanced with additional features to improve its functionality in the MetaTrader 5 environment.

45 USD

60 USD

Overview The Williams VIX Fix Indicator is a MetaTrader 5 tool designed to help traders identify potential market tops and bottoms. By analyzing price extremes relative to recent highs and lows, it highlights overbought and oversold conditions using two histograms displayed in a separate window. The indicator combines the Williams VIX Fix calculation with Bollinger Bands and percentile-based thresholds to provide clear signals for potential reversals. Key Features Market Tops and Bottoms Market

30 USD

Overview Harmonic Patterns MT5 is a technical analysis indicator designed for the MetaTrader 5 platform. It identifies and displays harmonic price patterns, such as Butterfly, Cypher, Crab, Bat, Shark, and Gartley, in both bullish and bearish directions. The indicator calculates key price levels, including entry, stop loss, and three take-profit levels, to assist traders in analyzing market movements. Visual elements and customizable alerts enhance usability on the chart. Features Detects six ha

40 USD

Overview Short-Term Basket EA MT5 is an Expert Advisor for the MetaTrader 5 platform, designed to manage a sequence of trades with a basket trading strategy, aiming to achieve a specified profit target. Features Opens an initial trade in a user-specified direction. Reopens a trade in the same direction with the same lot size and target if the previous trade closes in profit. Opens a hedge trade in the opposite direction with the same lot size and target, plus an additional trade in the opposite

60 USD

The Koncorde Plus Indicator is a sophisticated and versatile technical analysis tool for MetaTrader 5 (MT5), meticulously converted and enhanced from the acclaimed Koncorde [+] indicator on TradingView. Optimized for Forex volume analysis while preserving the original algorithm for all volume-based markets, it integrates six core components—four trend-based (RSI, MFI, Bollinger Bands, Stochastic) and two volume-based (Positive Volume Index (PVI) and Negative Volume Index (NVI))—to deliver a comp

100 USD

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