Apex WilliamsR MT5
- Indicators
- German Pablo Gori
- Version: 1.2
- Activations: 12
Overview
The Apex Williams %R MT5 is a professional technical indicator that revolutionizes the traditional Williams %R oscillator with advanced technical analysis features, automatic signal detection, and a complete trade confirmation system. Designed specifically for traders seeking precision and reliability in their trading decisions.
Key Features
🎯 Smart Signal System
Reversal Signals: Automatically detects exits from overbought/oversold zones with multi-factor confirmation
Centerline Crosses: Identifies momentum shifts at the -50 level for early entries
Trend Pullbacks: Locates retracements within established trends to maximize risk/reward ratio
📊 Advanced Divergence Analysis
Automatic Detection: Identifies bullish and bearish divergences using pivot point analysis
Strength Measurement: Calculates the intensity of each divergence to filter out weak signals
Visual Confirmation: Clearly marks divergences on the chart with differentiated colors
🔍 Multiple Filter System
Trend Filter: Uses configurable moving averages (SMA, EMA, SMMA, LWMA)
Volume Confirmation: Analyzes volume patterns to validate signals
Candlestick Patterns: Detects hammers, shooting stars, and other reversal patterns
Sensitivity Control: Adjustable scale from 1 to 5 to fine-tune signal frequency
📈 Interactive Visual Dashboard
Market Status: Real-time analysis of current market conditions
Signal Statistics: Tracks performance and success rate of signals
Trend Analysis: Evaluates trend strength and direction
Risk Management: Dynamically updated indicator showing current risk level
Ideal Trading Styles
Swing Trading ⭐⭐⭐⭐⭐
Perfect for identifying medium-term reversals
Divergences provide high-probability signals
Trend filters reduce market noise
Day Trading ⭐⭐⭐⭐
Momentum signals and centerline crosses
Volume confirmation for intraday breakouts
Real-time alert system
Scalping ⭐⭐⭐
Effective on lower timeframes with high sensitivity settings
Requires careful parameter adjustment to minimize false signals
Position Trading ⭐⭐⭐⭐
Long-term divergences offer strategic entry points
Long-period moving average trend filter for confirmation
Recommended Timeframes
Highly Effective:
H1 (1 Hour): Perfect balance between signal frequency and noise
H4 (4 Hours): High-confidence signals for swing trading
D1 (Daily): Analysis of primary trends and major divergences
Moderately Effective:
M30 (30 Minutes): Day trading with adjusted settings
W1 (Weekly): Long-term analysis and position trading
Requires Special Configuration:
M15 and M5: Scalping with high sensitivity and strict filters
MN1 (Monthly): Macro analysis with extended periods
Compatible Symbols and Markets
Forex (Highly Recommended) ⭐⭐⭐⭐⭐
Major Pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF
Minor Pairs: EUR/GBP, EUR/JPY, GBP/JPY
Exotic Pairs: With adjusted sensitivity settings
Stock Indices ⭐⭐⭐⭐⭐
S&P 500, NASDAQ, DAX, FTSE 100
Excellent for detecting reversals in equity markets
Commodities ⭐⭐⭐⭐
Gold, Silver, WTI Crude Oil, Natural Gas
Particularly effective in markets with clear trends
Cryptocurrencies ⭐⭐⭐⭐
Bitcoin, Ethereum, major altcoins
Requires sensitivity adjustment due to high volatility
Individual Stocks ⭐⭐⭐
Blue chips and high-liquidity stocks
Best performance on stocks with consistent volume
Optimized Default Settings
Conservative Setting (Recommended for Beginners)
Williams %R Period: 21
Sensitivity: 2
Trend Filter: EMA 50
Levels: -25 / -75
All confirmations enabled
Aggressive Setting (For Experienced Traders)
Williams %R Period: 14
Sensitivity: 4
Trend Filter: EMA 20
Levels: -20 / -80
Selective confirmations enabled
Scalping Setting (M5-M15)
Williams %R Period: 8
Sensitivity: 5
No trend filter
Levels: -15 / -85
Volume confirmation only
Competitive Advantages
Enhanced Accuracy: Multi-confirmation system reduces false signals
Versatility: Adaptable to different trading styles and timeframes
User-Friendly: Intuitive dashboard with centralized, relevant information
Full Customization: Over 20 adjustable parameters
Smart Alerts: Notification system with anti-spam cooldown
Professional Analysis: Advanced divergence and momentum analysis tools