For those who are fans of Bill William’s strategy, here is the Trade Zone indicator filled with alerts and a better coloring system and EA ready (BUY & SELL buffers).
And for those who don’t know Bill Williams’s work, search Amazon for the title “Trading Chaos: Maximize Profits with Proven Technical Techniques“.
This indicator internally uses the widely known Awesome Oscillator along with the Accelerator indicator, and when both are aligned it lights up the candles signaling a probable strong and good market direction.
HOW TO “READ” THIS INDICATOR
- When the Awesome Oscillator is aligned in the same direction of the Accelerator indicator the candles light up (Blue for a Bullish market and Red for a Bearish market – colors as customizable).
- In an Uptrend or Downtrend, there are optional colors that can be used to identify bullish and bearish candles so the trader can precisely identify what is happening in the market. More details in the screenshots below…
- Does it repaint? Yes, sometimes, when the internal oscillators are on the edge of the zero-line and the market is changing from bullish to bearish and vice-versa.
SETTINGS
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- Candle Colors for BUY & SELL pressure.
- Separate colors for bullish and bearish candles within the BUY & SELL pressure.
- Turn ON/OFF alerts: On-Screen, by Mail, by Mobile (MT5 app)
- Prefix message to be used in the Alerts.
- Wait time between repeating alerts.
Do you want to try it for yourself, live into your assets? Download the DEMO version here: Bill William’s Trade Zone DEMO
* Due to the new MQL5 policy developers cannot provide DEMO versions to the general public here in this website anymore.
Buffers to use on your EA:
- #7 – BUY buffer, containing the Ask price at the moment
- #8 – SELL buffer, containing the Bid price at the moment
Didn’t Find a Feature You Need?
No product is perfect for everyone. If you think you need a missing feature from our product just send us a message. We love feedback!
Why the Price of USD 30,00?
In the past Metaquotes Marketplace allowed a lower price for their products. As low as USD 10,00…
Now, the minimum price of anything in the marketplace is USD 30,00. We at Minions Labs believe in very low prices but there is nothing we can do about it… So, the THING we can DO about it is giving this product for you FOREVER! How? We will give you *1,000 ACTIVATIONS* if you purchase this product. This way, the product will be yours as a LIFETIME license! Is that fair enough? We hope it is…
