Market Correlation WillSpread

📌 WillSpread — Market Strength Indicator by Larry Williams for MetaTrader 5

!!!!!!!!!! Check out my Expert Advisor that also use market correlation   https://www.mql5.com/ru/users/consig/seller

WillSpread is a professional indicator based on Larry Williams’ proprietary methodology (a trader with decades of experience), designed to analyze the hidden strength and weakness of assets through intermarket correlations. Perfect for identifying leading signals and confirming trends.

🧠 What is WillSpread?

The WillSpread indicator measures the difference in price changes between two instruments, revealing which one is the "leader" and which is the "follower" in the market. This allows you to find unique entry points where traditional indicators fall silent.

🚀 Why Should You Try It?

✅ Based on Larry Williams’ method — from one of the most successful traders in history
✅ Unique signals — see not just the trend, but the strength of the move
✅ Intermarket analysis — compare the behavior of two assets (e.g., SP500 and Bonds)
✅ Suitable for any strategy — trend-following, countertrend, scalping
✅ Fully customizable — choose instruments, timeframes, and smoothing methods

⚙️ Key Features

  • Choose any two symbols to compare (e.g., GOLD vs USD, EURUSD vs GBPUSD, GOLD vs SILVER, GOLD vs SP500, BTC vs DOW)

  • Support for multiple timeframes (MTF)

  • Various calculation methods: absolute, percentage-based, pip-based

  • Adjustable smoothing filters (EMA, SMA, WMA, etc.)

  • Signals displayed directly on the chart

  • Lightweight and resource-efficient

🔧 Technical Info

Parameter Value
Platform MetaTrader 5
Product Type Indicator
Markets Forex, Commodities, Indices, Stocks
MTF Support Yes
Instruments Any (including indices and crosses)
Timeframes From M1 to MN

🛠️ Recommended Use

  1. Attach the indicator to your desired chart

  2. Set the secondary instrument for comparison

  3. Observe divergences and use them as trade signals

  4. Add it to your existing system for signal filtering or divergence detection

👉 Click "Download Demo" or "Buy" to experience the power of professional intermarket analysis today!

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I have been trading on the SmartMoney system for a long time, and writing this indicator was inspired by it. The indicator is designed to better visualize the market structure, namely the moments of breaking the market structure, such as BOS (Break of Structure) and CHoCH (Change of Character). The zones of the Order Blocks and the Imbalance are also drawn.  The indicator has a fine-tuning feature that allows you to customize it to your trading style.
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The indicator visualizes market waves, like Elliott waves, but the algorithm is slightly different! Shows the current trend direction. It is recommended to use the indicator as a filter to determine the direction of the current trend and further search for entry points along the trend. On the last wave, you can turn on the display of the Fibo grid, when using entry into positions for Fibo line corrections. We recommend using the indicator on timeframes H1 and older.
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The unique trading algorithm with a closed decision-making algorithm and with the display of points (arrows) for entering positions. There is only one "Factor 5" setting available in the indicator. It is recommended at the default value of 1. The big arrows are the entrance to the position. Small arrows- exit positions. It is also possible to use them as an independent point to open a position, but their potential is less than that of large arrows. The indicator has a built-in display of hor
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A trend indicator visualizing the current trend. It has a buffer and can be used as an additional filter for your advisor. It is used to assess the current trend, and can also be used as a trailing stop. Unlike most trend indicators, during a sideways price movement, in most cases it retains the current direction and does not give a large number of false reversal signals.
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HarmoScope Pro — Professional Harmonic Pattern Indicator + Stop and Target Zones Find harmonic patterns with surgical precision. No more manual scanning, no more missed opportunities What It Does HarmoScope Pro automatically scans your charts for over 90 harmonic patterns across all timeframes. It identifies classic patterns like Gartley, Bat, Crab, Butterfly, Cypher, Shark, and many others — including rare and advanced formations. Once a pattern is detected, the indicator draws it directly on t
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Alexandre Dos Santos Antunes
518
Alexandre Dos Santos Antunes 2025.09.01 13:11 
 

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