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Wise Men Indicator demo

3.67

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.

Description: 

  • 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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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
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Angulation indicator
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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
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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
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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
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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 (
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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
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145181 2021.02.12 20:39 
 

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

Maksym Mudrakov
26812
Maksym Mudrakov 2016.08.31 12:33 
 

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Vadim Strelkov
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Vadim Strelkov 2014.05.21 07:22 
 

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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