the_batman

True Williams Alligator (SMMA)

The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator.

The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different conclusions. Hence the need for this, a true and exact implementation of "The Mighty Alligator" ( Bill Williams , Trading Chaos 1, New Trading Dimensions, Trading Chaos 2).

Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
Remover dos scripts favoritos Adicionar aos scripts favoritos
study("True Williams Alligator (SMMA)", overlay=true)
smma(src, length) =>
    smma = na(smma[1]) ? sma(src, length) : (smma[1] * (length - 1) + src) / length
    smma
jawLength = input(13, "Jaw Length")
teethLength = input(8, "Teeth Length")
lipsLength = input(5, "Lips Length")
jawOffset = input(8, "Jaw Offset")
teethOffset = input(5, "Teeth Offset")
lipsOffset = input(3, "Lips Offset")
jaw = smma(hl2, jawLength)
teeth = smma(hl2, teethLength)
lips = smma(hl2, lipsLength)
plot(jaw, "Jaw", blue, offset=jawOffset)
plot(teeth, "Teeth", red, offset=teethOffset)
plot(lips, "Lips", green, offset=lipsOffset)
how does this help with EW?
Resposta
Hi

1) Can this be used with Crypto Trading ?
2) Can the offset to changed to 0 as then it is more accurate on 1hr chart?
Resposta
Maustula GarethSA
@GarethSA, Absolutely it can be used for any trading. Offset it how you like, howevre the purpose of the alligator is quite deep and you may want to look into it a bit.
Resposta
Hi

1) Can this be used with Crypto Trading ?
2) Can the offset to changed to 0 as then it is more accurate on 1hr chart?
Resposta
Início Rastreador de Fundamentos Rastreador Forex Rastreador de criptomoedas Calendário econômico Shows Como Funciona Recursos gráficos Preços Regras da Casa Moderadores Soluções para sites e corretoras Widgets Soluções em Gráficos Biblioteca de Gráficos Lightweight Central de Ajuda Indique um amigo Solicitação de recurso Blog & Notícias FAQ Wiki Twitter
Perfil Configurações de perfil Conta e cobrança Indique um amigo Meus Tíquetes de Suporte Central de Ajuda Ideias Publicadas Seguidores Seguindo Mensagens Privadas Conversa Deslogar