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Alligator Custom

The "Alligator" indicator is a powerful technical analysis tool designed to assist traders on the MetaTrader 5 (MT5) platform in identifying market trends and potential price reversal points. This indicator is based on a concept developed by Bill Williams, a renowned technical analyst in the world of trading.

How the Indicator Works:

The Alligator indicator operates by using three Moving Average (MA) lines with different periods. These three lines are:

  1. Jaws: This is a Moving Average line with a specific period used to identify a sleeping or consolidating market phase. On the chart, this line is typically shown in blue.

  2. Teeth: This is a Moving Average line with a shorter period compared to the Jaws. It is used to recognize a trend that is beginning to awaken and move upwards or downwards. The Teeth line is usually displayed in red on the chart.

  3. Lips: This is a Moving Average line with an even shorter period. It represents the most recent price action in the price movement. On the chart, this line is shown in green.

Trading Signals:

The Alligator indicator provides informative trading signals based on the relationship between these three MA lines. Some common signals generated by this indicator include:

  • Strong Trend: When all three Alligator lines move in parallel and sequentially, it indicates a strong trend. This can be a good time to consider entering the trend.

  • Weak Trend or Consolidation: When the three Alligator lines cross or mix together, it can indicate a weak trend or a market consolidation phase. In such situations, traders may want to exercise caution and consider avoiding entering the market.

  • Reversal Signals: When the Alligator lines start to change direction or cross each other, it can be a potential signal for a trend reversal. This can help traders identify potential entry or exit points.

Differences from the Built-in MT5 Alligator:

  • Visual Appearance: This custom version of the Alligator indicator has a predetermined visual appearance with blue (Jaws), red (Teeth), and green (Lips) lines, and these colors cannot be changed by the user. In contrast, the built-in MT5 Alligator allows users to customize the colors of the lines according to their preferences.

  • Period Settings: Both versions of the indicator allow users to adjust the periods of each line (Jaws, Teeth, Lips) according to individual trading preferences. This allows for greater customization to match trading styles.

Conclusion:

The Alligator indicator is a valuable tool for identifying trends and potential price reversals in financial markets. The choice between the custom Alligator version and the built-in MT5 Alligator depends on visual preferences and the level of customization desired by the trader. It is a tool that can assist traders in making better trading decisions in various market conditions.


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Matrix Arrow Indicator MT5   es una tendencia única 10 en 1 que sigue un indicador   100% sin repintado   de marcos temporales múltiples que se puede usar en todos los símbolos/instrumentos:   divisas ,   materias primas ,   criptomonedas ,   índices ,   acciones .  Matrix Arrow Indicator MT5  determinará la tendencia actual en sus primeras etapas, recopilando información y datos de hasta 10 indicadores estándar, que son: Índice de movimiento direccional promedio (ADX) Índice de canales de prod
TPA True Price Action MT5 Indicator
InvestSoft
5 (9)
Indicadores
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
Support and Resistance Screener Pro MT5
STE S.S.COMPANY
4.71 (14)
Indicadores
Support And Resistance Screener está en un indicador de nivel para MetaTrader que proporciona múltiples herramientas dentro de un indicador. Las herramientas disponibles son: 1. Cribador de estructura de mercado. 2. Zona de retroceso alcista. 3. Zona de retroceso bajista. 4. Puntos pivotes diarios 5. Puntos de pivote semanales 6. Puntos Pivotes mensuales 7. Fuerte soporte y resistencia basado en patrón armónico y volumen. 8. Zonas de nivel de banco. OFERTA POR TIEMPO LIMITADO: El indicador de so
Auto Orderblock with Break of Structure MT5
Barend Paul Stander
4.6 (15)
Indicadores
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
Quantum Trend Sniper
Bogdan Ion Puscasu
4.71 (49)
Indicadores
Introduciendo       Indicador Quantum Trend Sniper   , el innovador indicador MQL5 que está transformando la forma en que identificas y negocias los cambios de tendencia. Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años,       Indicador de francotirador de tendencia cuántica       está diseñado para impulsar su viaje comercial a nuevas alturas con su forma innovadora de identificar cambios de tendencia con una precisión extremadamente alta.
AT Forex Indicator MT5
Marzena Maria Szmit
5 (5)
Indicadores
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
PZ Trend Trading MT5
PZ TRADING SLU
3.67 (3)
Indicadores
Trend Trading es un indicador diseñado para sacar el máximo provecho posible de las tendencias que tienen lugar en el mercado, mediante el cronometraje de retrocesos y rupturas. Encuentra oportunidades comerciales al analizar qué está haciendo el precio durante las tendencias establecidas. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Opere en los mercados financieros con confianza y eficiencia Aproveche las tendencias establecidas sin s
Easy Buy Sell Signal Alert
Franck Martin
4.33 (6)
Indicadores
Easy Buy Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. It canno
The 1 2 3 Pattern Scanner MT5
Reza Aghajanpour
5 (19)
Indicadores
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
Bill Williams Advanced
Siarhei Vashchylka
5 (8)
Indicadores
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
Smart Market Structure Concepts MT5
Jing Bo Wu
4.71 (78)
Indicadores
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
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Introduction to the Candle Time Indicator The Candle Time Indicator for MetaTrader 5 (MT5), helps users know how much time on a candlestick is remaining. This is a simple but incredibly powerful and useful tool. To download the Dagangduit CandleTimer.ex5 indicator, check the bottom of this post. It’s one of the best forex time indicators in its category. The function of the indicator will not change, even if you change the name of the indicator. The candlestick countdown timer will tell you how
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Dagangduit Auto SLTP MT5
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The "Dagangduit EA Auto_SLTP" is an Expert Advisor (EA) developed by the Dagangduit Core Team for MetaTrader 5. This EA is designed to provide automated management of Stop Loss (SL) and Take Profit (TP) levels for your trades, as well as other advanced features to enhance your trading experience. Key Features: Automated SL and TP Management : The EA automatically manages the Stop Loss (SL) and Take Profit (TP) levels of your open positions, allowing you to protect your profits and limit potentia
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Dagangduit Candle Timer MT4
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Indicadores
Introduction to the Candle Time Indicator The Candle Time Indicator for MetaTrader 4 (MT4), helps users know how much time on a candlestick is remaining. This is a simple but incredibly powerful and useful tool. To download the Dagangduit CandleTime.mq4 indicator, check the bottom of this post. It’s one of the best forex time indicators in its category. The function of the indicator will not change, even if you change the name of the indicator. The candlestick countdown timer will tell you how m
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Dagangduit Daily Drawdown MT4
Agus Pujanto
Indicadores
Daily Monitoring : The indicator automatically calculates and displays the daily drawdown on your trading chart, allowing you to see how well you're performing on a daily basis. Risk Management : By monitoring daily drawdown, traders can better manage their risk. It helps to keep daily losses within acceptable limits. Real-Time Information : Daily drawdown is updated in real-time, providing accurate and up-to-date information about your trading performance. How to Use: Activate the "Daily Drawd
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Dagangduit Monitor
Agus Pujanto
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The DD_Profit_Monitor MT5  indicator is a trading tool developed by the Dagangduit Core Team . This indicator is designed to monitor profits in real-time with the following key features: All Time Profit : Displays the total profit earned since the beginning of the trading account's usage. This feature helps traders see the overall performance of their trading activities. Daily Profit : Displays daily profits, allowing traders to monitor their daily performance more specifically. Key Features: Al
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Dagangduit Spread Indicator MT5
Agus Pujanto
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The "Dagangduit Spread Indicator" is a versatile tool designed to provide traders with essential information about the current spread in the chart window. This indicator offers customizable features, including font parameters, display location on the chart, spread normalization, and alerts to enhance your trading experience. Key Features: Real-time Spread Display : The indicator displays the current spread in real-time on your trading chart, allowing you to stay informed about the cost of execut
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Dagangduit Daily Drawdown MT5
Agus Pujanto
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Indicadores
Daily Monitoring : The indicator automatically calculates and displays the daily drawdown on your trading chart, allowing you to see how well you're performing on a daily basis. Risk Management : By monitoring daily drawdown, traders can better manage their risk. It helps to keep daily losses within acceptable limits. Real-Time Information : Daily drawdown is updated in real-time, providing accurate and up-to-date information about your trading performance. How to Use: Activate the "Daily Drawd
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Dagangduit PL Running
Agus Pujanto
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The DD_PL Running MT5  indicator is a trading tool developed by the Dagangduit Core Team . This indicator is designed to display real-time running profit and loss (P/L), providing essential information about your trading account's performance. Key Features: Real-Time P/L Monitoring : Calculates and displays profit and loss in real-time. Visual Indicator : Uses labels and colors to provide a visual representation of profit and loss status. Customizable Display : Allows adjustment of text color, b
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4.5 (2)
Utilidades
The "Dagangduit EA Auto_SLTP" is an Expert Advisor (EA) developed by the   Dagangduit   Core Team for MetaTrader 5. This EA is designed to provide automated management of Stop Loss (SL) and Take Profit (TP) levels for your trades, as well as other advanced features to enhance your trading experience. Key Features: Automated SL and TP Management : The EA automatically manages the Stop Loss (SL) and Take Profit (TP) levels of your open positions, allowing you to protect your profits and limit pote
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Dagangduit Spread Indicator MT4
Agus Pujanto
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The "Dagangduit Spread Indicator" is a versatile tool designed to provide traders with essential information about the current spread in the chart window. This indicator offers customizable features, including font parameters, display location on the chart, spread normalization, and alerts to enhance your trading experience. Key Features: Real-time Spread Display : The indicator displays the current spread in real-time on your trading chart, allowing you to stay informed about the cost of execut
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Dagangduit ATR
Agus Pujanto
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The DD_ATR MT5  indicator is a trading tool developed by the Dagangduit Core Team . This indicator is designed to calculate and display the Average True Range (ATR) in real-time, providing traders with essential volatility information to aid in their trading decisions. Key Features: ATR Calculation : Calculates and displays the ATR for the selected timeframe. Multiple Timeframes : Displays ATR values for multiple timeframes (M1, M2, M3), giving traders a comprehensive view of market volatility.
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Scalpix Max
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Trendlines Automatic
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The Trendline Automatic indicator is an advanced technical analysis tool specifically designed to assist traders in identifying critical levels in the financial markets through the automatic drawing of support and resistance trendlines on price charts. With its automatic capabilities, this indicator saves traders time and effort in analyzing price movements, allowing them to focus on making better trading decisions. Key Features : Automatic Drawing of Trendlines : This indicator allows traders t
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