OPEN-SOURCE SCRIPT

Fractal and Alligator Alerts by JustUncleL

Actualizado
This is based on two well known Bill Williams Fractal and Alligator strategies.

The following code is an implementation is similar to reversal strategy specified here:

[url= forexwot.com/how-to-trade-high-accuracy-bill-williams-fractals-alligator-trading-system.html] forexwot.com/how-to-trade-high-accuracy-bill-williams-fractals-alligator-trading-system.html

and another well know Alligator break out strategy.

This was achieved by combining some of the ideas from two other indicators:
  • True Williams Alligator (SMMA) by the_batman
  • Fractals and Levels by JustUncleL


There are two types of Fractal + Alligator Strategies included in this indicator:
  • Fractal Reversal : In an uptrend defined by Low Fractal that is above the Alligator teeth and the Alligator mouth is completed open in an uptrend. The opposite for downtrends. (Green and Red Arrows)
  • Fractal BreakOut : In an uptrend, at the start of Alligator open we look back for the first Fractal High above Alligator Teeth. Alligator teeth must be above mouth. (Aqua and Fuchsia arrows)
Notas de prensa
R2 : New signal Type.
  • Added new signal Type Awesome Oscillator Break Out.
  • Awesome BreakOut : In an uptrend, at the start of Alligator open we look back for the first Bar close above Alligator, Alligator Lips above Teeth and Jaw, Awesome Oscillator just started changing to lime. The opposite for downtrends. (Teal and Orange arrows)


... New signal Type in action

imagen
alertsBill Williams IndicatorsswingtradingTrend Analysistrendtrading

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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JustUncleL

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