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BW Dance

BW Dance - Bill Williams Trading Chaos Signal MTF Indicator for MetaTrader 5

!!! This indicator is not a trading system !!!
This is only a convenient tool for receiving signals of the Bill Williams trading system in visual and sound mode


The main idea of ​​the indicator:

  • display current signals of the BW system on the right edge of the chart, according to the principle HERE and NOW
  • output signals in three ways:
    1. next to the price scale
    2. under / above price
    3. bottom of the chart - opposite the signal candle / bar
  • keep the chart clean and comfortable for work

The main feature of the indicator:

  • The MTF mode of AO / AC / "Zone" signals allows you to see the signals of the BW system without switching the chart to other timeframes
  • The Alert control panel allows you to flexibly configure the receipt of the necessary signals for a specific type of signal:
      - AO / AS / "Zone"
      - given timeframe
      - direction of trade
      - price position relative to the Alligator
  • The control panel can be minimized. From it you can turn off the display mode of MTF signals
  • Using the indicator, you can flexibly and in a timely manner receive signals confirming the development of a trend or its short-term or complete change in direction

Signals of the Bill Williams system that the indicator displays

  • Signals on the AS and AO - all except the signal of JSC Two Peaks are output
  • AO / AC signals on the chart and in the MTF panel - are displayed until a new signal appears
  • Signal "Zones" - the chart displays:
     - on the right, at the price scale only for the 2nd signal candle
     - at the bottom of the chart - starting from the 2nd signal candle, inclusive of the fifth, while the last two "Zones" are displayed
     - in the MTF panel with the 2nd and as long as there is a zone

Features of working with the indicator:

  1. The BW Dance indicator includes the main indicators of Bill Williams - Alligator, fractals, AO, AS. Therefore, set the indicator on a clean schedule, after that the main indicators of the BV system will appear on the chart automatically

  2. Alerts can be set for any TF. MTF signals - only for standard TFs

  3. To prevent the indicator from covering the indicators, you can move the marker to set the right edge of the chart (at the top of the screen). For the right edge to be “fixed” - you need to press the “Auto Scroll” and “Indent” buttons

  4. Using the Alligator filter in the settings menu, you can filter the "Zone" signal when it is displayed on a chart

  5. When switching to another TF:
    - the indicator panel always collapses
    - settings for alerts set in the control panel are reset


To select the fractal symbol on the chart, use this table:
https://www.mql5.com/en/docs/constants/objectconstants/wingdings

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Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Lo
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Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency momentum GAP
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The BinaryLuck indicator is a powerful indicator for trading binary options with any expiration times. This indicator will be especially useful for trading short-term binary options with an expiration time of 30-60 seconds. This is a complete ready, self-contained trading system. The indicator predicts the maximum High and minimum Low for the current candle. Then it calculates the path the price has passed on the current candle as a percentage of the predicted High/Low range ( Range of candles )
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