Alligator Trader
- Experts
- Ciprian Ghebanoaei
- Version: 3.0
- Updated: 16 March 2023
It has a smart algorithm which detects the trend, filters out market noise. The expert creates orders on trend direction.
Input and output orders are given by a combination of two indicators that can be found on any MT4 platform: Alligator Indicator and Williams Percent Range.
It also contains stop loss and take profit which brings capital security for times when volatility increases.
The Expert was tested in 1 year of USDJPY historical data. Please download it and test it yourself.
I don’t want to be unbiased and I don’t trust strategy testers, so I always check on my broker’s demo account. I have been using this advisor for only a couple of days with default settings on the currency pair specified by the developer. In a couple of days +700 euros to my deposit. Trading follows the trend using stop loss and take profit. I'll keep watching and give more comments.