Williams AD MA Indicator in MT5 Download - Free - [TradingFinder]

The Williams AD MA Indicator is a composite oscillator combining volume analysis and price trends in MetaTrader 5. It provides traders a clear perspective on price fluctuations by integrating concepts such as Accumulation/Distribution (A/D) and Moving Average (MA).

Indicator Table

Bullish Trend Conditions

The 1-hour Cardano price chart (ADA) demonstrates how the indicator performs during bullish trends. As shown in the image, the light blue "AD" line crosses above the MA lines and oscillates in the positive phase of the oscillator.

In this scenario, the crossover of the "AD" line with the MA lines is considered a Buy entry point.

Bearish Trend Conditions

The 4-hour price chart of the AUD/NZD currency pair illustrates how the indicator functions during bearish trends. As shown in the image, the light blue "AD" line crosses below the MA lines and oscillates in the negative phase of the oscillator.

In this case, the crossover of the "AD" line with the MA lines is considered a Sell entry point.

Indicator Settings

• Chart theme: Defines the theme of the indicator;
• MA1 period: Sets the period of the first moving average (default: 15);
• MA2 period: Sets the period of the second moving average (default: 45);
• MA3 period: Sets the period of the third moving average (default: 135);
• MA method (1-2-3): Determines the calculation method for the moving averages (e.g., Linear Weighted);
• AD shift: Adjusts the number of candles to shift the AD line forward or backward;
• MA shift (1-2-3): Adjusts the number of candles to shift the moving averages (1-2-3);
• AD Color: Specifies the color of the AD line;
• MA color (1-2-3): Specifies the colors of the moving averages (1-2-3);
• MA12 draw type: Defines the display type of the moving average lines;
• AD style: Specifies the style of the AD line;
• MA style (1-2-3): Specifies the styles of the moving averages (1-2-3);
• AD width: Sets the thickness of the AD line.
• MA width (1-2-3): Sets the thickness of the moving averages (1-2-3);
• Alert message: Sends alerts via messages;
• Alert sound: Enables sound alerts;
• Alert email: Sends alerts via email;
• Alert mobile: Sends alerts to mobile devices.

Conclusion

The Williams AD MA Indicator is a composite oscillator on the MetaTrader 5 platform that helps traders identify price reversal points and entry positions. This multi-timeframe indicator is applicable across all markets and timeframes.