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# Angulation

According to Bill Williams' trading strategy described in the book "Trading Chaos: Maximize Profits with Proven Technical Techniques" the indicator displays the following items in a price chart:

1.Bearish and bullish divergent bars:

• Bearish divergent bar is colored in red or pink (red is a stronger signal).
• Bullish divergent bar is colored in blue or light blue color (blue is a stronger signal).

2. "Angulation" formation with deviation speed evaluation.

3. The level for placing a pending order (displayed as a dashed line).

Angulation is formed by divergence of two lines:

• price line that passes through the borders of bars. Lower borders of bars are used during upward motion upper borders are used during downward motion
• balance line that passes through the Alligator jaw (blue line).

Angulation is formed after forming a divergent bar outside the Alligator jaws.

The higher the price deviation angle and balance lines, the better is Angulation. In this version instead of measuring the angle, calculation of deviation speed is performed. The higher the price deviation line and balance lines, the better is the Angulation. Deviation speed is measured in points per 1 bar or in points per one hour.

Deviation speed is displayed next to the divergent bar. There is a filter in the settings on the minimum deviation speed as well as an option to select the displayed measurement unit.

You can select one of two algorithms of drawing the balance lines:

Simple - the line is drawn from the crossing bar to the point of the corresponding divergent bar (moved 8 bars ahead);

Advanced - the algorithm considers the duration of formed Angulation. When a boundary value is reached it draws the balance line so that the probability of a false angulation is minimal when the price price moves parallel.

Settings:

• Max Bars – number of bars calculated on the chart;
• Set Divergent Bar – settings for divergent bars;
• Show Divergent Bar – display divergent bars for which the Angulation hasn't been formed;
• Set Angulation – settings for Angulation;
• Angulation Aler – use alerts for Angulation;
• Comments for missed Divergent Bars – comment the reason why the Angulation to the divergent bar wasn't formed;
• Check Awesome Oscillator – check the values of the Awesome Oscillator histogram according to Bill Williams's trading strategy;
• Min duration of Angulation – minimum formation duration (possible minimum=2);
• Max duration of Angulation – maximum formation duration;
• Type of Algorithm – type of the algorithm used to draw the balance line;
• Start checking parallel motion – boundary value of formation duration, only for the Advanced algorithm (see description);
• Show Speed Differences – display deviation speed;
• Show Speed in – selection of the deviation speed unit in pips/bar or pips/h;
• Min Speed – minimum deviation speed filter;
• Font Size – font size to display deviation speed;
• Set Line Color – price and balance line color and style settings;
• Price Line Color – price line color;
• Balance Line Color – balance line color;
• Style Line – line style;
• Width Line – line width;
• Set Alligator – the Alligator indicator parameters;
• Jaw Period – jaw period;
• Jaw Shift – jaw shift;
• Teeth Period – teeth period;
• Teeth Shift – teeth shift;
• Lips Period – lips period;
• Lips Shift – lips shift;
• MA Method – method of averaging;
• Applied Price – price type;
• Set Order Level – display settings of pending order level;
• Show Order Lever – display the level for placing a pending order (the level is set  without considering spread);
• Indent Level – order level offset from the divergent bar (in points);
• Buy Stop Order Level – color of "Buy Stop Order" level line;
• Sell Stop Order Level – color of "Sell Stop Order" order line;
• Style Line – line style;
• Width Line – line width.

It is recommended to use the indicator on H4 and higher timeframes.

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Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefr
120 USD
VTrende Pro
Andrey Dyachenko
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
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Smart Harmonic Pattern
Andrey Danilo Sagot Munoz
PATRÓN ARMÓNICO INTELIGENTE es un indicador que explora el mercado en busca de posibles formaciones geométricas con fórmulas matemáticas relacionadas con Fibonacci. Hace un reconocimiento completo en la historia gráfica y el precio en vivo sin la necesidad de un análisis complejo, ya que todo se calcula con el mismo indicador. También puede trabajar con las formaciones antiguas y reconocer los niveles de negociación actuales proyectados automáticamente en el gráfico, todo esto solo con un clic e
139.99 USD
MonsterDash Harmonic Indicator MT5
Paul Geirnaerdt
MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for th
169 USD
Daying Cao
DYJ TRADINGVIEW is a multi indicator rating system, using the rating signals counts and analysis tools to find entry opportunities in global markets DYJ TRADINGVIEW has 10 built-in indicators for market analysis. Indicator-based analysis is used by many traders to help them make decisions on what trades to take and where to enter and exit them.  We use several different types that can complement each other well. Use us to follow your market, You can find more accurate transactions. The trend ind
325 USD
MR Volume Profile Rectangles 5
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.  The settings are compared with  volumes in NinjaTrader 8 terminal with CQG datafeed . The settings of EURUSD-6E , GBPUSD-6B , AUDUSD-6A and other currency pairs were compared.  The indicator shows the cumulative volume of candles that are in the rectangle.  You can add a new one with "+" button and delete it with “x” button.  Using the “L” button, you can continue the POC and mode level s.  "MR Volume Profile Rectangles 5" is
150 USD
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