Bill Williams Block

19 December 7, 2023

Overview

List of Indicators

  • Accelerator Oscillator
  • Awesome Oscillator
  • Gator Oscillator
  • Market Facilitation Index

Strategies

  1. Cross Type 1
  2. Cross Type 2 
  3. Up and Down

– 1. Cross Type 1 –

BUY SIGNAL = When the Oscillator Indicator crosses from Upper to Lower with Your Oscillator Buy/Lower Level.

SELL SIGNAL = When the Oscillator Indicator crosses from Lower to Upper with Your Oscillator Sell/Upper Level.

– 2. Cross Type 2 –

BUY SIGNAL = When the Oscillator Indicator crosses from Lower to Upper with Your Oscillator Buy/Lower Level.

SELL SIGNAL = When the Oscillator Indicator crosses from Upper to Lower with Your Oscillator Sell/Upper Level.

– 3. Up and Down –

BUY SIGNAL = When Oscillator Indicator below your Oscillator Buy/Lower Level.

SELL SIGNAL = When Oscillator Indicator over your Oscillator Sell/Upper Level.

Others Inputs

  • BillWilliams TimeFrame – Select a timeframe that works with the indicator.
  • BillWilliams Indicator – Select your Bill Williams indicator.
  • BillWilliams Jaws Period – Set Indicator Jaws Period.
  • BillWilliams Jaws Shift – Set Indicator Jaws Shift.
  • BillWilliams Teeth Period – Set Indicator Teeth Period.
  • BillWilliams Teeth Shift – Set Indicator Teeth Shift.
  • BillWilliams Lips Period – Set Indicator Lips Period.
  • BillWilliams Lips Shift – Set Indicator Lips Shift.
  • BillWilliams Method – Set Indicator Method.
  • BillWilliams Price – Set Indicator Price.
  • BillWilliams Volume – Set Indicator Volumes.
  • BillWilliams Buy/Lower Level – Set Your indicator Buy Level.
  • BillWilliams Sell/Upper Level  – Set Your indicator Sell Level.
  • Signal Bars (0-Current Bar) – Select which candle the EA will consider as the signal. 0 means the current candle, and 1 means the previous candle from the current candle.

NOTE: All indicators don’t need configuring all inputs. For example, if your indicator is Accelerator Oscillator and Awesome Oscillator then you don’t need to configure all inputs. You can avoid inputs because they don’t have this setting. Below list will show which indicator use which inputs.

How to Active

#Step 1 – 

First, you have to active BILL WILLIAMS INDICATOR SECTION to Set from EA’s Input
Active Oscillator = On

#Step 2 – 

Select your indicator from Bill Williams Indicator.

After your indicator selection is done, then configure your indicator. Like BillWilliams Jaws Period, Shift, Method, Price, Volume, etc.

NOTE: All indicators don’t need configuring all inputs. For example, if your indicator is Gator Oscillator need to configure Jaws period, Teeth period and Lips period, but Awesome Oscillator doesn’t have any input so you don’t need to configure “Jaws period” you can avoid this setting because Awesome Oscillator doesn’t have this setting.

#Step 3 – 

Select your Strategy from Bill Williams Strategy Type. It should be CROSS TYPE 1, CROSS TYPE 2, or UP and DOWN.

#Step 4 – 

Set your Bill Williams Buy/Lower Level for your Buy signal and set your Sell/Upper Level for your Sell signal.  Always set the lower level as the Buy level and the Upper level as the Sell level.

NOTE – Set your Buy or Sell level as the same as your indicator digit. For example, If you are using AC you can set BUY/SELL level as -0.00016 or 0.00016 but if you are using AO then you have to set all values are negative -0.00020 or -0.00070. Your BUY or SELL level must be set the same way as your oscillator level is drawn on your charts. If you value are negative then set Buy/Sell level is negative value.

Example