OPEN-SOURCE SCRIPT

Fractal and Alligator Alerts by JustUncleL

Atualizado
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 Lançamento
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

snapshot
alertsBill Williams IndicatorsswingtradingTrend Analysistrendtrading

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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JustUncleL

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