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Alligator Custom

The "Alligator" indicator is a powerful technical analysis tool designed to assist traders on the MetaTrader 5 (MT5) platform in identifying market trends and potential price reversal points. This indicator is based on a concept developed by Bill Williams, a renowned technical analyst in the world of trading.

How the Indicator Works:

The Alligator indicator operates by using three Moving Average (MA) lines with different periods. These three lines are:

  1. Jaws: This is a Moving Average line with a specific period used to identify a sleeping or consolidating market phase. On the chart, this line is typically shown in blue.

  2. Teeth: This is a Moving Average line with a shorter period compared to the Jaws. It is used to recognize a trend that is beginning to awaken and move upwards or downwards. The Teeth line is usually displayed in red on the chart.

  3. Lips: This is a Moving Average line with an even shorter period. It represents the most recent price action in the price movement. On the chart, this line is shown in green.

Trading Signals:

The Alligator indicator provides informative trading signals based on the relationship between these three MA lines. Some common signals generated by this indicator include:

  • Strong Trend: When all three Alligator lines move in parallel and sequentially, it indicates a strong trend. This can be a good time to consider entering the trend.

  • Weak Trend or Consolidation: When the three Alligator lines cross or mix together, it can indicate a weak trend or a market consolidation phase. In such situations, traders may want to exercise caution and consider avoiding entering the market.

  • Reversal Signals: When the Alligator lines start to change direction or cross each other, it can be a potential signal for a trend reversal. This can help traders identify potential entry or exit points.

Differences from the Built-in MT5 Alligator:

  • Visual Appearance: This custom version of the Alligator indicator has a predetermined visual appearance with blue (Jaws), red (Teeth), and green (Lips) lines, and these colors cannot be changed by the user. In contrast, the built-in MT5 Alligator allows users to customize the colors of the lines according to their preferences.

  • Period Settings: Both versions of the indicator allow users to adjust the periods of each line (Jaws, Teeth, Lips) according to individual trading preferences. This allows for greater customization to match trading styles.

Conclusion:

The Alligator indicator is a valuable tool for identifying trends and potential price reversals in financial markets. The choice between the custom Alligator version and the built-in MT5 Alligator depends on visual preferences and the level of customization desired by the trader. It is a tool that can assist traders in making better trading decisions in various market conditions.


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Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.
Auto Order Block with break of structure based on ICT and Smart Money Concepts Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   ,  MTF      ( Multi Time Frame )    Volume Imbalance     ,  MTF          vIMB Gap’s Equal High / Low’s     ,  MTF             EQH / EQL Liquidity               Current Day High / Low           HOD /
TrendLine PRO MT5
Evgenii Aksenov
4.78 (50)
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss lev
FxaccurateLS
Shiv Raj Kumawat
WHY IS OUR FXACCCURATE LS MT5 THE PROFITABLE ? PROTECT YOUR CAPITAL WITH RISK MANAGEMENT Gives entry, stop and target levels from time to time. It finds Trading opportunities by analyzing what the price is doing during established trends. POWERFUL INDICATOR FOR A RELIABLE STRATEGIES We have made these indicators with a lot of years of hard work. It is made at a very advanced level. Established trends provide dozens of trading opportunities, but most trend indicators completely ignore them!
Trend Line Map Pro MT5
STE S.S.COMPANY
4.67 (9)
Trend Line Map Indicator ist ein Add-On für Trend Screener Indicator. Es arbeitet als Scanner für alle Signale, die vom Trendscreener (Trendliniensignale) erzeugt werden. Es ist ein Trend Line Scanner basierend auf dem Trend Screener Indicator. Wenn Sie keinen Trend Screener Pro Indicator haben, funktioniert die Trend Line Map Pro nicht. It's a Trend Line Scanner based on Trend Screener Indicator. If you don't have Trend Screener Pro Indicator,     the Trend Line Map Pro will not work .
Dieses Dashboard zeigt die   neuesten verfügbaren harmonischen   Muster für die ausgewählten Symbole, so dass Sie Zeit sparen und effizienter sein werden /   MT4-Version . Kostenloser Indikator:   Basic Harmonic Pattern Spalten des Indikators Symbol:   die ausgewählten Symbole werden angezeigt Trend:   bullish oder bearish Pattern :   Art des Musters (Gartley, Schmetterling, Fledermaus, Krabbe, Hai, Cypher oder ABCD) Entry :   Einstiegskurs SL:   Stop-Loss-Kurs TP1:   1. Take-Profit-Kurs
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
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Scalpix Max
Agus Pujanto
Welcome to the era of intelligent automated trading with Sclapix Max. This MT4 robot is a cutting-edge trading solution meticulously designed exclusively for the MetaTrader 4 (MT4) platform. Whether you're a novice trader looking to harness artificial intelligence to enhance your trading performance or an experienced trader seeking the ultimate tool to automate sophisticated trading strategies, Sclapix Max is your answer. Transforming Your Trading: With Sclapix Max, you'll experience a radical t
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