Author: Wellx
If you're looking to enhance your trading strategy on MetaTrader 5, the wlxBW5Zone indicator might just be what you need. This nifty semaphore signal indicator utilizes the values from the Accelerator Oscillator and Bill Williams' Awesome Oscillator to help you pinpoint potential market reversals.
Originally developed in MQL4, this indicator was first published in the Code Base at mql4.com back on January 30, 2008. Since then, it has been a go-to tool for traders looking to gain an edge.
Fig. 1. The wlxBW5Zone indicator
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