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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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IX Power MT5
Daniel Stein
4.17 (6)
Indicatori
IX Power   porta finalmente l'imbattibile precisione di FX Power ai simboli non-Forex. Determina con precisione l'intensità delle tendenze a breve, medio e lungo termine dei vostri indici preferiti, azioni, materie prime, ETF e persino criptovalute. Potete   analizzare tutto ciò che   il vostro terminale ha da offrire. Provatelo e sperimentate come   il vostro tempismo migliori significativamente   durante il trading. Caratteristiche principali di IX Power Risultati di calcolo precisi al
Quantum Trend Sniper
Bogdan Ion Puscasu
4.71 (49)
Indicatori
Presentazione       Quantum Trend Sniper Indicator   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui identifichi e scambi le inversioni di tendenza! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,       Indicatore Quantum Trend Sniper       è progettato per spingere il tuo viaggio di trading verso nuove vette con il suo modo innovativo di identificare le inversioni di tendenza con una precisione estremamente elevata. *** Acquista Quant
Italo Trend Indicator MT5
Italo Santana Gomes
4.9 (10)
Indicatori
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
Market Reversal Alerts MT5
LEE SAMSON
4.64 (22)
Indicatori
Il profitto dalla struttura del mercato cambia quando il prezzo si inverte e si ritira. L'indicatore di avviso di inversione della struttura del mercato identifica quando una tendenza o un movimento di prezzo si sta avvicinando all'esaurimento e pronto a invertire. Ti avvisa dei cambiamenti nella struttura del mercato che in genere si verificano quando stanno per verificarsi un'inversione o un forte pullback. L'indicatore identifica inizialmente i breakout e lo slancio del prezzo, ogni volta
Auto Orderblock with Break of Structure MT5
Barend Paul Stander
4.64 (14)
Indicatori
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
Easy Buy Sell Signal Alert
Franck Martin
4.33 (6)
Indicatori
Easy By 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. My othe
Gold TMAFractal MTF 5
Sergei Linskii
Indicatori
Gold TMAF MTF - questo è il miglior indicatore tecnico azionario. L'algoritmo dell'indicatore analizza il movimento del prezzo di un asset e riflette la volatilità e le potenziali zone di ingresso. I migliori segnali dell'indicatore: - Per SELL = limite superiore rosso del TMA2 sopra il limite superiore rosso del TMA1 + indicatore frattale rosso sopra + freccia gialla del segnale SR nella stessa direzione. - Per BUY = limite inferiore blu di TMA2 sotto il limite inferiore blu di TMA1 +
TPA True Price Action MT5 Indicator
InvestSoft
5 (9)
Indicatori
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)
Indicatori
Support And Resistance Screener è in un indicatore di livello per MetaTrader che fornisce più strumenti all'interno di un indicatore. Gli strumenti disponibili sono: 1. Screener della struttura del mercato. 2. Zona di ritiro rialzista. 3. Zona di ritiro ribassista. 4. Punti pivot giornalieri 5. Punti pivot settimanali 6. Punti pivot mensili 7. Forte supporto e resistenza basati sul modello e sul volume armonici. 8. Zone a livello di banca. OFFERTA A TEMPO LIMITATO: il supporto HV e l'indicatore
PZ Candlestick Patterns MT5
PZ TRADING SLU
Indicatori
Identify over 30 candlestick patterns with precision Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade
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Dagangduit Candle Timer MT5
Agus Pujanto
4.2 (5)
Indicatori
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
FREE
Dagangduit Auto SLTP MT5
Agus Pujanto
5 (3)
Utilità
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
FREE
Dagangduit Candle Timer MT4
Agus Pujanto
5 (1)
Indicatori
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
FREE
Dagangduit Daily Drawdown MT5
Agus Pujanto
5 (1)
Indicatori
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
FREE
Dagangduit Daily Drawdown MT4
Agus Pujanto
Indicatori
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
FREE
Dagangduit Auto SLTP MT4
Agus Pujanto
4.5 (2)
Utilità
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
FREE
Dagangduit Monitor
Agus Pujanto
Indicatori
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
FREE
Dagangduit PL Running
Agus Pujanto
Indicatori
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
FREE
Dagangduit ATR
Agus Pujanto
Indicatori
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.
FREE
Dagangduit Spread Indicator MT5
Agus Pujanto
Indicatori
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
FREE
Dagangduit Spread Indicator MT4
Agus Pujanto
Indicatori
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
FREE
Scalpix Max
Agus Pujanto
Experts
Welcome to the era of intelligent automated trading with Sclapix Max. This MT4 robot is a cutting-edge trading solution meticulously designed exclusively for the MetaTrader 4 (MT4) platform. Whether you're a novice trader looking to harness artificial intelligence to enhance your trading performance or an experienced trader seeking the ultimate tool to automate sophisticated trading strategies, Sclapix Max is your answer. Transforming Your Trading: With Sclapix Max, you'll experience a radical t
Trendlines Automatic
Agus Pujanto
Indicatori
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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