Wise Men Indicator

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 divergent bar (B/D/B) must match AO (Awesome Oscillator) values: Bullish d/b - AO red below "0", Bearish d/b - AO green above "0".
2. Signal "Second Wise Man" shows where you need to enlarge a 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 according to the Bill Williams strategy. When the price moves in the direction of the trend, fractal breakthrough 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. The indicator displays Angulation lines (if there are any)
on the chart 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 points. A corresponding button is available in the settings.

Description:

  • The digit "1" in a green circle - a bullish divergent bar (in red circle - bearish divergent bar);
  • The digit "2" in a green circle - 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 a green circle - signal "Third Wise Man" for long position (also signal "Fractal breakout") (in the red circle - a short position signal).
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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 below
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
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 (
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 Gato
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