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Divergent Bar

Custom implementation of Bill Williams' divergent bar with angulation. The angle between the green line and the top/bottom of the bar is used as an angle, which basically corresponds to the updated recommendations from Justin Williams Angulation for the Wiseman Bullish and Bearish Divergent Signal Bar - YouTube. The default settings of the angle of 85 and 21 bar from the moment of crossing the lip line of the Alligator work quite well. If you use this indicator in real trading, I highly recommend not to engage in day trading. Use daily charts

This signal has been tested on EURUSD, US500, BTCUDS and DE40, it gives about 40% probability using 5-bar Bill's Williams exit.

If to use:

  • one position
  • same risk per trade
  • stop loss on reversal base (it is not necessary divergent bar extremum)
  • minimal angulation 90°
  • 5-bar exit
  • without take profit
  • without breakeven

account equity should be positive. But take into account, that no single approach work all the time for single market and moreover for different markets. Any indicator is not trading system in any case, but only a helper to make a decision

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AW Trading Software Limited
4.75 (53)
La combinaison des niveaux de tendance et de panne dans un seul système. Un algorithme d'indicateur avancé filtre le bruit du marché, détermine la tendance, les points d'entrée, ainsi que les niveaux de sortie possibles. Les signaux indicateurs sont enregistrés dans un module statistique, qui vous permet de sélectionner les outils les plus appropriés, montrant l'efficacité de l'historique des signaux. L'indicateur calcule les marques Take Profit et Stop Loss. Manuel et instruction ->   ICI   / v
Golden Spike Premium
Kwaku Bondzie Ghartey
5 (1)
GOLDEN SPIKES PREMIUM INDICATOR Acknowledgement:  The name of this indicator was inspired by Mr. Grant Koopman, a knowledgeable and experienced synthetic indices trader. This premium version is dedicated to advancing synthetic indices trading excellence. Overview Check out full user guide from this link :  https://drive.google.com/drive/folders/1ozVOIvLAlqOrnVc-6XkUMh6qzYuDWoGd?usp=sharing Golden Spikes Premium is a groundbreaking trading indicator meticulously crafted for Boom and Crash indic
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This is actually just a combination of 3 classic TTM_Squeeze indicators, nothing special. As I know exactly this is implemented in original TTM_Squeeze PRO indicator. It shows strong, middle and weak squeeze. If someone interested, TTM_Squeeze is not completely John Carter's invention. Concept of squeeze is commonly known as well as the method of squeeze search using Bollinger Bands and Kelthner Channels. How to use As always there is a lot of variations. For example here is simple strategy Use
Market scanner based on the indicator published here  Download the 'John Carters TTM Squeeze with MACD' Technical Indicator for MetaTrader 5 in MetaTrader Market (mql5.com) .  Only the instruments that are in the Market Watch window are scanned. Maximum number of scanning tools up to 5000. The scan timeframe is selected from the timeframe panel of the terminal. To use it, open any chart and attach the Expert Advisor to the chart, the 'Search' button will appear in the upper left corner. When you
FREE
Mitimom
Danil Poletavkin
The indicator is based on Robert Miner's methodology described in his book "High probability trading strategies" and displays signals along with momentum of 2 timeframes. A Stochastic oscillator is used as a momentum indicator. The settings speak for themselves period_1 is the current timeframe, 'current' period_2 is indicated - the senior timeframe is 4 or 5 times larger than the current one. For example, if the current one is 5 minutes, then the older one will be 20 minutes The rest of the s
FREE
The indicator shows Jake Bernstein's MAC (Moving Average Channel) System signals ---------------------------------------- System assumes several types of entering in trade, in this indicator only one type implemented - on closing of second trigger bar. It is recommended to start using this indicator together with Jake Bernstein's free lessons  https://www.youtube.com/@JakeatMBH/videos Arrow shows signal bar - enter on closing or on opening of the next bar, cross - stop level, dot - minimum profi
FREE
AO on Bars
Danil Poletavkin
Bill's Williams Awesome Oscillator signal from his book "Trading chaos 2nd edition" on bars.  Normally this signal is being used for 2nd entry after 1st entry by Divergent bar ----------------------------------------------------------------------------------------------------------- Please make shure that you understand Bill's Williams system before trade with real money using this indicator. Ideal entry setup is: 1) Divergence with zero line AO crossing 2) Divergent bar on top of the final 5th
FREE
This indicator created based on original John Carter's TTM_Squeeze indicator and represents "squeeze" of the market which can be followed (or maybe not) by significant moves. Original indicator prints black dots when Bollinger Bands are inside Kelthner Channels and exactly this implemented in this custom version. Instead of original implementation as momentum indicator MACD indicator with standard settings 12-26-9 is being used. Mainly, the indicator is useful for understanding when it's better
The same indicator as here  https://www.mql5.com/ru/market/product/105089?source=Site+Market+My+Products+Page  but with timeframe change possibility. It is convinient to see picture from different timeframes in the single chart. When using multiple timeframes, it is recommended (A.Elder "The new trading for a living") to adhere to a coefficient of 5 or 6. That is, the two older timeframes for a 5-minute chart will be 30 minutes and 3 hours.
The same indicator as here Скачайте Технический индикатор 'John Carters TTM Squeeze with MACD Multitimeframe' для MetaTrader 5 в магазине MetaTrader Market (mql5.com) , but instead of MACD, Bill Williams' AO (Awesome Oscillator) is used. It goes well with a sleeping Alligator to determine periods of "compression-calm", which may be followed by significant movement. It is useful to use an indicator from a higher timeframe (coefficient 5 or 6) to determine the possible direction of a breakout. I
The same indicator that is published here  https://www.mql5.com/en/market/product/105645?source=Site+Market+My+Products+Page , but instead of the MACD, a Stochastic Oscillator is used.  The indicator can be useful for searching for the possibility of opening a position on the Momuntum of multiple timeframes - a method described by Robert Miner in his book "High probability trading strategies". The settings speak for themselves Period - the timeframe for which the indicator is calculated. Whe
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Version 1.8 2024.05.14
Issues fixing
Version 1.7 2024.05.14
Added a higher timeframe stochastic oscillator filter. With a stop of 3*ATR and an exit of 5 bars with default settings (90 degrees) the probability of profitable trades is about 55%
Version 1.6 2023.10.01
Text is being removed along with the indicator
Version 1.5 2023.09.29
Error handling improved
Version 1.4 2023.09.04
Errors fix
Version 1.3 2023.09.04
Errors fix
Version 1.2 2023.09.04
Fixed a bug where the angle value was different for different characters
Version 1.1 2023.02.17
Angle calculations has been improved