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DYJ Alligator SignalSource

DYJ Alligator SignalSource is based on Alligator indicator. It can be used for any currency pair and timeframe.

The blue line (Alligator's Jaw) is the Balance Line for the timeframe that was used to build the chart (13-period Smoothed Moving Average, moved into the future by 8 bars);

Red Line (Alligator's Teeth) is the Balance Line for the value timeframe of one level lower (8-period Smoothed Moving Average, moved by 5 bars into the future);

Green Line (Alligator's Lips) is the Balance Line for the value timeframe, one more level lower (5-period Smoothed Moving Average, moved by 3 bars into the future).

Market entry condition 

BUY:  Lips#1 > Teeth#1 and Teeth#1 > Jaws#1

SELL: Lips#1 < Teeth#1 and Teeth#1 < Jaws#1

The entry signal of this indicator is a turning point in the trend.

The indicator uses analog trading technology,
Provide you with indicators to evaluate the overall profit of the opening signal and closing signal.
It is very convenient for you to use which evaluation mode to trade.
When you choose the maximum profit model evaluation model,
It is recommended that you use the tracking stop loss function.
This can track the trend profit to the maximum extent.
When you select the opposite signal to turn off the evaluation mode,
It is recommended that you wait patiently for the opposite signal to appear and then close it.
This can always wait for the trend to really end and make a profit.

If you need to automatically follow the index to open and close the warehouse, please download the utility software DYJ Follow Me.


Input parameters 

[Indicator]

Inp_jaw_period    = 13 -- period for the calculation of jaws 
Inp_jaw_shift     = 8 -- horizontal shift of jaws 
Inp_teeth_period  = 8 -- period for the calculation of teeth 
Inp_teeth_shift   = 5 -- horizontal shift of teeth 
Inp_lips_period   = 5 -- period for the calculation of lips 
Inp_lips_shift    = 3 -- horizontal shift of lips 
Inp_ma_method     = MODE_SMMA -- type of smoothing 
Inp_applied_price = PRICE_MEDIAN -- type of price


InpShowArrows      = true
InpAlertsOn        = true
ArrowUpClr            = DeepSkyBlue -- Arrow Up Color
ArrowDnClr            = PaleVioletRed -- Arrow Down Color
InpIsDisplayIndicatorLine            = true -- Display Line Of Indicator  


[EstimateProfits]

InpSimulatedVolume                   = 1 -- SimulatedVolume . 0.01Lots or more
InpOnlyOppositeClosedLine            = false -- Only the OppositeClosed line is displayed.  
InpIsDisplayChartText                = true -- Hide All Text Of Chart
InpIsDisplayProfitsLine              = true -- Hide All Line Of Chart
MaxProfitsTextHigh                   = 40 -- Maximum profit label height
MaxProfitsTextLow                    = 20 -- Minimum profit label height（opposite）
InpIsEstimateDialog                  = true -- Hide Or Show EstimateDialog
InpModeProfits                       = ByMaxProfits -- ByMaxProfits or ByOppositeClosed
InpStartDate                         = "19700101" -- Statistical start date







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4.9 (652)
Indicators
CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
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Nicola Capatti
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Ultimate Gold Advisor for MetaTrader 4 The Ultimate Gold Advisor is an advanced technological tool designed to optimize the trading experience on MetaTrader 4. Created to meet the needs of experienced traders, this indicator combines precision, sophisticated analysis, and versatile functionality, offering support for informed trading decisions. Ideal for gold trading but also applicable across a wide range of assets, the Ultimate Gold Advisor can help you improve your market strategies. What ma
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5 (1)
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This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th
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