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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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Description: The Volume Profile displays detailed informations of historical trading activities at certain price levels. Locate the areas with the best prices in the market and get an advantage over other market participants. Features: Customizable Volume Profile Shows the "fair" Value Area with 70% of all Volume Shows critical low volume zones Shows VPOC, VAL and VAH Points Works on all timeframes Automatic calculation your defined timeset in all timeframes Drag & Drop for live calculation
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Advanced Supply Demand MT5
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Bernhard Schweigert
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 this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
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PipFinite Reversal PRO MT5
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Karlo Wilson Vendiola
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
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Fibonacci Expansion and Retracement For 5
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Jianyuan Huang
Fibonacci Expansion and Retracement PRO Fibonacci retracing and extended line tools for the MT5 platform, ideal for traders who use the DiNapoli point trading method and the Golden Section trading Demo: https://www.mql5.com/zh/market/product/35884 The main function: 1. You can draw multiple sets of Fibonacci retracements directly, and the relationship between important return points is clear at a glance. 2. Can draw Fibonacci extensions 3. The Fibonacci foldback and extension of the line
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PZ Supply Demand MT5
PZ Supply Demand MT5
Arturo Lopez Perez
This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies No settings and no optimization needed The indicator works in all timefr
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Advanced Currency Strength28 MT5
Advanced Currency Strength28 MT5
Bernhard Schweigert
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 moment
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PZ Lopez Trend MT5
PZ Lopez Trend MT5
Arturo Lopez Perez
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
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