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Wise Men Indicator demo

The indicator displays signals according to the strategy of Bill Williams on the chart.

Demo version of the indicator has the same features as the paid, except that it can work only on a demo account.

  1. Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator are intertwined, and the price has gone up significantly (or downwards). A valid bullish/bearish divergent bar (B/D/B) must satisfy AO (Awesome Oscillator): Bullish d/b - AO red below "0", Bearish d/b - AO green above "0". 
  2. Signal "Second Wise Man": shows where you need to increase the position if the momentum continues to grow in the chosen direction. (Determined by the indicator Awesome Oscillator (AO)).
  3. Signal "Blue Light Special" (BLS) - shows the point of entry into the market at a lower price than at the moment of the signal.
  4. Signal "Third Wise Man" - is the third point of entry into the market accordingly to the Bill Williams strategy. When the price moves in the direction of the trend fractal breakout is an important signal. Formed and implemented only after the first two "wise men".
  5. Signal "Fractal breakout" - a fractal signal, which is generated outside Alligator. May be the first signal.
  6. Indicator displays on the chart Angulation lines (if it occurs ) when a divergent bar appears. That allows You to visually determine the degree of divergence of prices and Alligator.

Filtering of B/D/B on fractals allows you to find more accurate entry point. In the settings provided the appropriate radio button.

Description: 

  • The digit "1" in a green circle - a bullish divergent bar (in red circle - bearish divergent bar);
  • The digit "2" in the circle of green - signal "Second Wise Man" for long position (in the red circle - a short position signal);
  • Square green - signal "Blue Light Special" for long position (red - for short position);
  • The digit "3" in the circle of green - signal "Third Wise Man" for long position (also signal "Fractal breakout") (in the red circle - a short position signal).
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Engulfing Bar Indicator is a pattern recognition indicator for Forex and Binary Options. The Engulfing Bar Indicator is a slightly enhanced pattern of the popular engulfing candle. The strategy that comes with the Engulfing Bar is purely based on price action. Inputs of the indicator are : Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable alerts in a popup window EmailAlerts (true/fals
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MTF Supply Demand Zones
Georgios Kalomoiropoulos
Next generation of automated supply and demand zones. New and innovative algorithm that works in any chart. All zones are being created dynamically according to price action of the market. GET ALERTS WHEN A NEW ZONE IS FORMED  New Features: Alerts when a new Supply/Demand Zone is created. You have the possibility when a new zone is formed to get push notifications.  Zone width labels in pips One more timeframe on MTF. So now instead of 2 timeframes above the current you will be able to see 3 t
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TPA Sessions MT4
InvestSoft
"TPA Sessions" indicator is a very important tool to complement  "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can`t explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!! The first run   of the TPA Session indicator must be in the open market  for the lines to be drawn correctly. Please visit our blog to study actual trades wi
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Super Bollinger Bands
Mihail Matkovskij
This is a forward-looking indicator for trading on all instruments. An advanced version of Bollinger Bands indicator created by outstanding analyst John Bollinger. One of the main differences of Super Bollinger Bands indicator from its predecessor consists in displaying upper and lower bands behavior on the middle line with some specific colors. Thus, the indicator gives a trader some visual information about trend development at the moment, and not in the past, as majority of other indicators d
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Engulfing 13EMA
Janelovey Rongomaiwahine Kappely
Description: The Engulfing 13EMA is a Multi Timeframe Indicator that scans Multiple Symbols which will help you to identify potential trade set ups. As well as Forex, it can scan Crypto, Exotics, Metals, Indices, Energies or what ever else you have in your Market Watch list. You also have the option to enable/disable the time frames you want to scan. (M1,M5,M15,M30,H1,H4,D1,W1,MN1) All of these options are made possible from just ONE chart, from which the Indicator is attached An alert is
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Angulation indicator
Bohdan Kasyanenko
The indicator draws angulation lines on a chart. These lines can help make decision on whether to enter the market or stay out of it. It is used to filter the signal "The First Wise Man" described in Bill Williams' strategy. Angulation in this indicator is displayed for any bar that is formed after Alligator's mouth is crossed (not only for reversal). Settings: Show angulation lines . Show info - show additional details (angulation degree, calculation points, number of bars). Minimal angle to fi
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This is the demo version of the indicator AC Chart Indicator . This version of indicator works on timeframes M1-MN, symbol GBPUSD or on any demo account. The indicator displays Accelerator Oscillator (AC) signals in accordance with Bill Williams' strategy on a chart. The AC histogram is a five-period simple moving average drawn on the difference between the value 5/34 of the AO histogram and a 5-period simple moving average of this histogram. Interpretation of AC is based on the following rule
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AO Chart Indicator Demo
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This is the demo version of the indicator AO Chart Indicator. This version of indicator works on timeframes M1-MN, symbol GBPUSD or any on demo account Indicator displays signals of the Awesome Oscillator on the chart according to the strategy of Bill Williams: Signal "Saucer" - is the only signal to buy (sell), which is formed when the Awesome Oscillator histogram is above (below) the zero line. A "Saucer" is formed when the histogram changes its direction from descending to ascending (buy
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TPSL Placer Demo
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Wise Men Indicator
Bohdan Kasyanenko
The indicator displays signals according to the strategy of Bill Williams on a chart: 1. Signal "First Wise Man" is formed when there is a divergent bar with angulation. A bullish divergent bar has a lower minimum and the closing price in its upper half. A bearish divergent bar has a higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator are intertwined, and the price has gone up significantly(or downwards). A valid bullish/bearish div
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AO Chart Indicator
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Indicator displays signals of the Awesome Oscillator on the chart according to the strategy of Bill Williams: Signal "Saucer" - is the only signal to buy (sell), which is formed when the Awesome Oscillator histogram is above (below) the zero line. A "Saucer" is formed when the histogram changes its direction from descending to ascending (buy signal) or from ascending to descending (sell signal). In this case all the columns AO histogram should be above the zero line (for a buy signal) or bel
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AC Chart Indicator
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O indicador mostra sobre os sinais do gráfico de Accelerator Oscillator (AC) de acordo com as estratégias de Bill Williams. Gráfico de barras AC é a diferença entre o valor de 5/34 do gráfico de barras força motriz e 5-período média móvel simples, retiradas desse gráfico de barras. Interpretação do acelerador oscilador (AC) baseia-se nas seguintes regras-se o AC for maior do que a linha de nada, considerou-se que a aceleração continuará o movimento para cima. A mesma regra se aplica para m
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TPSL Placer
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BW Alligator
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An improved version of the classic Alligator indicator by Bill Williams. Description The Alligator technical indicator is a combination of moving averages (balance lines). Blue line (Alligator Jaw) is a 13-period smoothed moving average, shifted by 8 bars into the future; Red line (Alligator Teeth) is an 8-period smoothed moving average, shifted by 5 bars into the future; Green line (Alligator Lips) is a 5-period smoothed moving average, shifted by 3 bars into the future; Purple line (Fast Gat
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Vadim Strelkov
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Vadim Strelkov 2014.05.21 07:22 
 

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Maksym Mudrakov
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Maksym Mudrakov 2016.08.31 12:33 
 

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Versão 1.99 2016.08.22
- Added correct shift for accounts with five digits
- Added new type of notification
Versão 1.96 2014.09.15
- Fixed display of signal "First Wise Man" when parameter "Squat bar deviation" is equal to 2.
- Optimized indicator code.
Versão 1.95 2014.06.26
- Added price labels.
- Added notifications: alerts, e-mail, push.
Versão 1.9 2014.05.27
- Added filtering by Squat bars.
- Improved signal quality.
- Added displaying of fractals, breakout fractals are highlighted.
- Added coloring of bars on the chart in several ways:
by MFI indicator;
by Super AO;
by zonal trade (AO+AC) and Squat bars;
only Squat bars.


Versão 1.7 2014.05.21
- fixed minor bugs;
- improved quality of signals;
- added filtration by angulation (lets find local 1st WM by strict rules)
- code optimized