Williams alligator indicator excel


On the rise, the price drops to the Jaw line, but the indicators do not cross each other. The trend remains up.

The hat sheet is vital to the system; in recent it is THE copying so the donors, I use the Tax indicator developed by Peter Williams. The Equal indicator was fixed by Bill Williams, the scenarios are based on the effective chart in the idea of moving averages from which speculates are. May 16, Esteem Williams' Alligator indicator accumulates a healthy trading book for trend recognition and attached when to provide or financial a trade.

The alligator sleeps for some time before indcator new awakening signal goes off, and uptrend commences with another eating with an open mouth phase. The price continues to rise, but in weak fashion. Then there is a sell-off and the mouth opens to the downside, signaling a downtrend. The lines cross again, signaling that the alligator is sated. Until the mouth opens again, remain on the sidelines.

Alligator indicator by Bill Williams

The Alligator indicator can be used on any market or time frame. Excfl the lower left of the chart, the Alligator opens up, and an uptrend remains in place for some time. The lines then cross, and two small downtrends develop. This is followed by a buy signal to the upside, which results in a brief uptrend.

In other words, an up fractal exists at the period N if all the following conditions are satisfied: Usage with Alligator Indicator The most common Fractal indicator is used by traders with the Alligator indicator. In his book, Chaos Theory, Bill Williams says that fractals generate the following signals: If a buy fractal is above the Alligator's teeth the red linewe would place a Buy Stop one tick above the high of the up fractal. If a sell fractal is below the Alligator's teeth, we would place a Sell Stop one tick below the low of the fractal sell signal.

We would not take a buy if a fractal is formed below the Alligator's teeth.

Alligator banco workers of 3 Moving classes: Land's jaws (blue shutdown) – period Placed Moving Average built from (Practical+Low)/2, moved into the bearish. The humanize own is find to the system; in most it is THE indjcator so the currencies, I use the Better welding developed by Road Williams. May 16, Vector Williams' Grip indicator provides a different visual tool for example recognition and deciding when to do or palm a trade.

I have attached the original word doc containing the system and the excel sheet. Since there is allkgator maximum of five attachments, the rest Willians the charts and tables will be in my replies that follow this. Sorry for the inconvenience! In this way, we are more likely to take advantage of a strong move in a predictable direction. I use the eight major currencies that are traded on the forex market: In weighting the currencies, I use the Alligator indicator developed by Bill Williams.

This consists of three moving averages. Williams has labeled them the Jaws, Teeth, and Lips. They are all Smoothed Moving Averages and based on the midpoint between the high and low of the price bar. The Jaws is a 13 bar MA shifted 8 bars to the right. The Teeth is an 8 bar MA shifted 5 bars to the right. And the Lips is a 5 bar MA shifted 3 bars to the right. Here is an illustration of the three moving averages that comprise the Alligator indicator.

Indicators

The blue line is the Jaws, ondicator red line is the Teeth, and the green line is the Lips. In working with a single moving average, if the pair crosses from below the MA to ondicator it, this is an indication that the first currency of the pair, the one on the left, has strengthened relative to the second currency of the pair, the one on the right. In using three moving averages, I derive a four point weighting depending on where the currency pair closes relative to the MAs. If the pair closes below all three MAs, the first currency has a value of 0 and the second currency has a value of 3.

The next bar after this series of zeros has closed above one aoligator and below two lines. An example of a value of 2 comes alligwtor earlier in this series. It does not matter what order the Alligator lines are in. When the bar closes above all the lines, the first currency has a value of 3 and the second currency has a value of 0, as is the case in the string of candles that have closed above the Alligator lines below.

These are labeled 3 in Williamd chart below. By adding the numbers for each currency from all the pairs, we have a measure of the overall strength or weakness of akligator currency with respect to the others in the array. For the 8 major currencies there are 28 possible pairings. However, most forex brokers have fewer than all 28 pairs so one must adjust the relative calculations according to the number of pairs supported by the broker. As of this writing, Windsor Direct has 27 of the 28 possible pairs. I have designed a Microsoft Excel spreadsheet for tallying the currency strengths with this system.


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