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Int Alligator

Demo downloaded: 15

Published: 4 February 2023

Current version: 5.2

Int Alligator

Experts
Marcos Gomes Artischeff
Version: 5.2
Updated: 24 May 2023
Activations: 5

Alligator robot with red line crossing between blue and green;

It counts with stop loss and take profit (can vary some points so I recommend to test first with Strategy tester), decided to retire trailing stop since some errors could occur.

Counting via number of candles available again, it counts according to the hour, example: openned with minute 1 and is selected as 6, will close at 7's openning. But depending of the market can shift to -1, so test before real account.

Also have maximum of trades (0 == no trades enabled, like if the volume is 0) and number of candles allowed (0 == disabled), example:

I also has the choice to close if the direction changes about the opposite side (if you're bought and a sell signal occurs or vice-versa).

EAs and all market tools are a risky investment, so be careful!!! Prefer always to analyze before with solid parameters...

Now the EA counts with a trigger and lock position feature, but if you use it you'll automatically disable the number of candles feature.

So, my recommendation is: demo account after strategy tester!

more...

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This type of moving average is done within calculus about period and volume, being considered the previous and the 5th candle before about volume for this calculus. I won't say it has a single interpretation, since it does not have, you should pay attention to the market movements and decide for entries based on analysis. Remember, investing in stocks, forex, indexes is risky.

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Version 5.2 2023.05.24

Final corrections..

Version 5.1 2023.05.24

Latest correction done about prices..

Version 5.0 2023.05.24

Added one trigger and lock to the position
Fixed one error that 0 of losses would let the robot to stop entering
Added more per EA ID conditions

Version 4.7 2023.02.07

trailing stop retired

Version 4.6 2023.02.07

Changes to the trailing stop style

Version 4.5 2023.02.06

Readded closing for candles counting, now working according to tests.

Version 4.4 2023.02.06

I decided to retire the close with candles function due to an error I perceived.

Version 4.3 2023.02.06

A code modification.

Version 4.2 2023.02.06

Stability updates

Version 4.1 2023.02.04

Minor updates