Williams AD MA Indicator Download for MT5 - Free | Forex Indicator Download - MetaTrader 5 Resources

The “Williams AD MA” indicator is an oscillator that combines volume analysis and price trends to help traders evaluate potential market changes. This MetaTrader 5 oscillator integrates features such as Accumulation/Distribution (A/D) and Moving Averages (MA) to provide traders with clear insights into price movements .

Indicator Table

Indicator overview

This indicator uses something called "AD" and three moving averages ( MA ) to define optimal entry and exit points. Additionally, MA lines can act as support and resistance zones after determining the direction of price movement.

bullish trend conditions

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

In this case, crossing 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 this indicator functions during a bearish trend. As shown, the light blue "AD" line crosses below the MA lines and oscillates in the negative phase of the oscillator.

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

Indicator Settings

• Chart theme: defines the theme of the indicator;
• MA1 period: Set the period of the first moving average (default: 15);
• MA2 period: Set the period of the second moving average (default value: 45);
• MA3 period: Set the period of the third moving average (default value: 135);
• MA method (1-2-3): Determine the calculation method of the moving average (such as linear weighting);
• AD shift: adjust the number of candles to move the AD line forward or backward;
• MA shift (1-2-3): Adjust the number of candles to move the moving average (1-2-3);
• AD Color: Specify the color of the AD line;
• MA color (1-2-3): Specify the color of the moving average (1-2-3);
• MA12 draw type: Define the display type of moving average;
• AD style: Specify the style of the AD line;
• MA style (1-2-3): Specify the style of the moving average (1-2-3);
• AD width: Set the thickness of AD line.
• MA width (1-2-3): Set the thickness of the moving average (1-2-3);
• Alert message: Send an alert through a message;
• Alert sound: enable sound alert;
• Alert email: Send alerts via email;
• Alert mobile: Send alerts to mobile devices.

Conclusion

The Williams AD MA indicator is a compound oscillator on the MetaTrader 5 platform that helps traders identify price reversal points and entry positions. This trading tool is multi-timeframe compatible and can be used across all timeframes and markets .