BW Dance – MTF Bill Williams ‘ Trading Chaos Signal Indicator for Meta Trader 5
!!! This indicator is not a trading system !!!
This is only a convenient tool for receiving the signals
of the Bill Williams trading system in visual and audio mode
The main idea of the indicator:
- display the current signals of the BV system on the right edge of the chart, according to the principle of HERE and NOW
- output signals in three ways:
- next to the price scale
- under / over price
- at the bottom of the chart-opposite the signal candle / bar
- keep your schedule clean and comfortable for work
BW Dance – MTF Bill Williams ‘ Trading Chaos Signal Indicator for Meta Trader 5
!!! This indicator is not a trading system !!!
This is only a convenient tool for receiving the signals
of the Bill Williams trading system in visual and audio mode
The main idea of the indicator:
- display the current signals of the BV system on the right edge of the chart, according to the principle of HERE and NOW
- output signals in three ways:
- next to the price scale
- under / over price
- at the bottom of the chart-opposite the signal candle / bar
- keep your schedule clean and comfortable for work
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The main feature of the indicator:
- MTF mode of AO/AC signals/”Zone”, will allow you to see the signals of the BV system, without switching the chart to other timeframes
- The Alerts control panel allows you to flexibly configure the receipt of the necessary signals for a specific type of signal:
–
AO/AS/”Zone”
– the specified timeframe
– direction of trade
– the price position relative to the alligator - The control panel can be minimized. From it, you can disable the display mode of MTF signals
- With the help of the indicator, you can flexibly and timely receive signals about the confirmation of the trend development or about its short-term or
complete change in direction
Bill Williams system signals that the indicator displays
- AC and AO signals – all signals are output, except for the “Two Peaks” AO signal”
- AO/AC signals on the chart and in the MTF panel-are displayed until a new signal appears
- The “Zone” signal is displayed on the chart.:
– 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, on the fifth inclusive, 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:
- The BW_Dance indicator includes the main Bill Williams indicators – Alligator, fractals, AO, AC. So set the
indicator on a clean chart, after that the main indicators of the BV system will appear on the chart automatically - Alerts can be set for any TFA. MTF signals – only for standard TF cards
- To prevent the indicator from covering the indicator readings, you can move the marker to the right edge of the chart (at the top of the screen). To make
the right edge “fixed” – you need to click the “Auto-scroll” and “Stumble” buttons” - Using the Alligator filter in the settings menu, you can filter the “Zone” signal when it is displayed on the chart
- When switching to another TF card:
– the indicator panel always collapses
– resets the settings for
alerts set in the control panel
Features of working with the indicator:
https://www.mql5.com/ru/docs/constants/objectconstants/wingdings
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