Name: Alligator Simple v1.0
Rating: 4.166666666666667 (18 reviews)
Author: Vladimir Karputov

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Published by:

Vladimir Karputov

Views:

5895

Rating:

(18)

Published:

2018.12.28 13:00

Updated:

2019.01.17 11:29

Alligator Simple v1.0.mq5 (45.06 KB) view

Download as ZIP, How to download code from MetaEditor

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Idea by: Nikolay Khrushchev

Code mq5 by: barabashkakvn

The EA based on iAlligator (Alligator) indicator. It can work both on hedging and netting accounts, since it always holds only one position in the market at a time. If Every tick is true, the EA will work at each tick. If false (default), then the possibility of opening a position will only be checked as soon as a new bar appears.

Market entry condition

BUY: Lips#1 > Teeth#1 && Teeth#1 > Jaws#1
SELL: Lips#1 < Teeth#1 && Teeth#1 < Jaws#1

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22778

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Alligator Simple v1.0 - expert for MetaTrader 5