ToTitans - Williams Alligator with Life Line
Legendary trader Bill Williams, an early pioneer of market psychology, developed the trend-following Alligator indicator, which follows the premise that financial markets and individual securities trend just 15% to 30% of the time while grinding through sideways ranges the other 70% to 85% of the time. Williams believed that individuals and institutions tend to collect most of their profits during strongly trending periods. You also can find more detail here investopedia.com/articles/trading/072115/exploring-williams-alligator-indicator.asp
Differentiation
- Add Fill the line as a cloud for easier chart interpretation / trend interpretation
- Add EMA 5 (Life Line) for using with Going through the cloud and Exiting from the cloud
This indicator has been used in AJ Jim class for "Type 2" approach
Suitable for
- Intra Day Trading (20m-2h)
- TFEX:S501!
"PM me to obtain access"
- Change the default "Life Line" Color to Blue and "Cloud" color to silver for White and Black Back Ground
- Change the source of Life Line from Close to Low
Script sob convite
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact lertsak directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Instruções do autor
Warning: please read our guide for invite-only scripts before requesting access.
Aviso legal
Script sob convite
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact lertsak directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Instruções do autor
Warning: please read our guide for invite-only scripts before requesting access.