16/04/ · High Accuracy Forex Alligator System and Strategy – Bill William’s Alligator Indicator provides a useful visual tool for trend recognition and trade entry timing, but it has limited usefulness during choppy and trendless periods. Market players should confirm buy or sell signals with a MACD (Moving Average Convergence-Divergence) or another trend identification indicator During the second downward move, the Alligator, for this reason, would have kept you in the trade a little while longer for more profit. As with any technical indicator, an Alligator chart will never be % correct. False signals can occur, but the positive signals are consistent enough to give a forex trader an “edge” 16/07/ · Trend indicators attempt to signpost those key times when a trend may be forming. The Alligator Indicator — devised by American trader Bill Williams — attempts to do this and a bit more. In fact, the Alligator indicator is designed to also identify the absence of a trend, as
Market players should confirm buy or sell signals with a MACD Moving Average Convergence-Divergence or another trend identification indicator, alligator in forex. The Alligator indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers.
The initial smoothed average is calculated with a simple moving average SMAadding additional smoothed averages that slow down indicator turns. Three moving averages comprise the JawTeethand Lips of the Alligator, opening and closing in alligator in forex to evolving trends and trading ranges:, alligator in forex.
The indicator applies convergence-divergence relationships to build trading signals, with the J aw making the slowest turns and the Lips making the fastest turns. The Lips crossing downward through the other lines signals a short sale opportunity while crossing upward signals a buying opportunity.
The three lines stretched apart and moving higher or lower denote trending periods in which long or short positions should be maintained and managed. This is referred to as the alligator eating with mouth wide open. Indicator lines converging into narrow bands and shifting toward a horizontal direction denote periods in which the trend may be coming to an end, signaling the need for profit taking and position realignment. This indicates the alligator is sated.
The indicator will flash false positives when the three lines are crisscrossing each other repeatedly, alligator in forex, due to choppy market conditions. According to Williams, alligator in forex, the alligator is sleeping at this time, telling market players to remain on the sidelines until it wakes up once again. This exposes a significant drawback because many awakening signals within evolving ranges will fail, triggering whipsaws and shakeouts. Skill in interpreting and understanding Alligator signals must be developed over time, and complementing the Alligator tool with another indicator or pattern of pricing behavior is always recommended for further confirmation of potential trend changes.
Exit position with profit target predetermined or make profit with ratio orinitial stop loss on the previous swing. Your email address will not be published. Necessary cookies are absolutely essential for the website to function properly.
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The Good way to use Williams Alligator Indicator ? - Forex Day Trading
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28/11/ · Final Thoughts. Trend indicators attempt to signpost those key times when a trend may be forming. The Alligator Indicator - devised by US trader Bill Williams - is designed to identify when a trend may be forming and what the direction of that trend is. It can also be used to identify the absence of a blogger.comted Reading Time: 9 mins 09/04/ · Alligator, also known as Williams Alligator, is one of the useful indicators out there. Download Official Trading Rush APP (Thanks): blogger.com Author: TRADING RUSH 16/04/ · High Accuracy Forex Alligator System and Strategy – Bill William’s Alligator Indicator provides a useful visual tool for trend recognition and trade entry timing, but it has limited usefulness during choppy and trendless periods. Market players should confirm buy or sell signals with a MACD (Moving Average Convergence-Divergence) or another trend identification indicator
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