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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Relicus LLC
4.96 (24)
RelicusRoad Pro: Sistema Operativo Quantitativo di Mercato 70% DI SCONTO ACCESSO A VITA (TEMPO LIMITATO) - UNISCITI A 2.000+ TRADER Perché la maggior parte dei trader fallisce anche con indicatori "perfetti"? Perché operano su Singoli Concetti isolati. Un segnale senza contesto è una scommessa. Per vincere serve CONFLUENZA . RelicusRoad Pro non è un semplice indicatore. È un Ecosistema Quantitativo completo . Mappa la "Fair Value Road", distinguendo tra rumore e rotture strutturali. Smetti di in
KT Alpha Hunter Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
La maggior parte degli indicatori a frecce ti dà un segnale e poi ti lascia capire da solo tutto il resto. KT Alpha Hunter Arrows ti offre un piano di trading completo. Ogni freccia di segnale appare con un piano completo già disegnato: linea di ingresso, stop loss, quattro livelli di take profit e un verdetto live sull’edge, che ti indica se quel simbolo e quel timeframe meritano davvero di essere tradati in quel momento. Il Trade Manager EA incluso gestisce l’esecuzione dopo il tuo ingresso, c
Altri dall’autore
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
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
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
Scanner TTM Squeeze MACD
Danil Poletavkin
3 (1)
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
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
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
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