Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

120 $/BTC 0.00192208

The Alligator was created by a man named Bill Williams . It consists of three lines in blue, red and green. Each of these lines is a moving average that shows the market trend.
When you use an indicator, you definitely need an automated trading robot and strategist for that indicator.
This robot provides you with all the strategies that you can use in using this indicator as an artificial intelligence, and you can completely customize this robot for yourself by changing the inputs. By purchasing this robot, you can also request any custom changes in the robot from our team once, if necessary, and this will be done for free for up to one month after the purchase. It should be noted that this robot has lifelong support and warranty, so do not worry about the robot failing.

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Description

Alligator indicator training

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Topics of this article

  • 1  Alligator indicator training
    • 1.1  How to add Alligator indicator training in the software
    • 1.2  Indicator applications
    • 1.3  Different indicator modes
    • 1.4  Identify the trend through the Alligator indicator
    • 1.5  Conclusion

Alligator indicator training 

The Alligator   was created by a man named  Bill Williams  . It consists of three lines in blue, red and green. Each of these lines is a  moving average  that shows the market trend.

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The following image shows an example of this indicator:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Blue Line:  The line that  simple moving average  is the crocodile jaw  (jaw)  is known. The time period in which it is considered is usually 13 days, which has been applied to the previous 8 candlesticks. It is calculated by the following formula:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Red line:  This line, which is a  simple moving average  , is known as crocodile  teeth , the period of time in which it is considered, is 8 days, which is applied to the last 5 candlesticks. It is calculated by the following formula:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Green line:  This line is also a  simple moving average  , which is known as crocodile  lips  and the period of time in which it is considered is 5 days, which has been applied to the previous 3 candlesticks and from It is calculated by the following formula:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

The following image shows an example of these three colors in the indicator:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

How to add Alligator indicator tutorial in the software

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

By selecting Indicator in the Bill Williams section,  this indicator is specified.

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

As shown in the figure above, the three indicator colors are given in the indicator settings.

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

As shown in the image, the parameters menu specifies the time period of each of the colors used in the indicator.

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Indicator applications

  1. Identify the beginning and end of a process within a specified time frame
  2. This indicator, along with other indicators (indicators that measure the speed of stock changes) can be used to determine the new stock price.
  3. Another important use of this indicator is that traders who use  Elliott Waves  for their trades can easily count the waves using this indicator. In this way, when the transaction price is outside the crocodile’s mouth, a new wave is formed, which is called the kinetic wave, and when the price is inside the crocodile’s mouth, the correction wave It is being formed.

Different indicator modes

For this indicator, three different modes are considered, as we said, it is assumed that the indicator is very similar to the crocodile. Based on this similarity, three different modes are considered for the crocodile, which include the following:

  1. Sleep Mode:  When the indicator enters this mode, all three moving averages begin to overlap. (When this happens, there is no trend share)
  2. Hunger:  It is in this situation that there is no trend in the market for a certain period of time. And in general it is preparing to enter a new trend.
  3. Satisfaction mode:  This mode is when all three moving average lines are separated from each other. (In this case, a new trend in the market is being formed)

Identify trends through the  Alligator indicator

  • Downward trend:  When the crocodile’s lip is at the bottom and the crocodile’s jaw is at the top, we see a downward trend.

The following figure shows an example of a downward trend in the share of oil in the hourly chart:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

  • Ascending trend:  When the crocodile’s lip is at the top and the crocodile’s jaw is at the bottom, the ascending trend will be formed.

The following image, which is a daily chart of shares and oil, shows an example of an uptrend:

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Alligator MetaTrader 4 Forex Automated Trading Strategy Maker

Conclusion

Identifying trading positions is one of the most important features of the Alligator indicator. This indicator is formed based on the trend of each share, but as we know, this indicator alone should not be the basis for trading, but should be alongside Use other indicators.


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