Alligator profit maximal forex
built-in Alligator Indicator, then apply three smoothed MA of following periods: 13, 8 and. We all know the saying: trend is your friend. The traits of the Alligator are numerous and relate to his eating and sleeping habits. . Together with Fractal, Gator or the Awesome oscillator, the Alligator Forex strategy is unique in every way.
While not a moving average, riding trends is its main quality.
During the second downward move, the Alligator, for this reason, would have kept you in the trade a little while longer for more profit.
As with any technical indicator, an Alligator chart will never be 100 correct.
Description: Forex alligator works on audusd only.
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Probably as important as the reversal pattern is its confirmation. Preferred Time Frame(s 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day. When either closing or opening price, a median one or not, multiple settings exist. This is one of Bill Williams famous indicators. Setting StopLoss, determine the maximal SL level regarding money management (For example, do not risk more than 5 of deposit per one trade). In the example above, the Blue line is the Alligators jaw, the Red, his teeth, and the Green, his lips. . Hence, you dont want to fade the perfect order. Probably the most powerful tool ever developed by Bill Williams, the Alligator indicator offers great value. While not a moving average, riding trends is its main quality. Stop for a minute and think of how this indicator functions. Because of that, missing a trend is virtually impossible. Theres nothing more frustrating than that.
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