• Overview
  • Reviews (6)
  • Comments (13)
  • What's new

Alligator modified

5

The MT5 platform indicator has standard settings and requires no modifications when connected to the chart. Modifying the indicator involves adding two functions:

  • Marking the area when the indicator lines are in the correct sequence (green line above or below red and blue lines, and red above or below blue). This creates a confirmed cross marked by the closing price to avoid false signals during the Alligator lines' entanglement periods.
  • Drawing horizontal rays from market structure break levels when the trend theory's postulate is violated.

These functions complement each other, serving as filters for trading signals. Two conditions must be met to identify an entry point: a marked Alligator lines cross and a horizontal line at the market structure break level. On the price chart, the Alligator lines cross and market structure break may occur in different sequences. Having precisely two marked trading signals initiates the search for entry points according to the "Trading Chaos" strategy.

The prevailing trend is on a higher timeframe. For example, if the Alligator lines on the daily period are upward, and there's a marked cross of Alligator lines on the left of the chart with a horizontal line at the top of the descending market structure, contrary signals on lower timeframes, indicating a bearish direction, have less significance. They suggest a possible correction in the directional bullish trend of the daily range.

The indicator is part of the "Trading Chaos" strategy software suite and is recommended for use with the following software products:


Reviews 6
RKE
695
RKE 2023.02.09 11:59 
 

Great tool, thank you.

drizer777
69
drizer777 2023.01.13 13:31 
 

Хороший индикатор. Если знаком с Теорией хаоса - все понятно. Не рисует. Радует, что автор подробно объясняет точки входа и стопы. Купил конечно.

Pascal-Yves Murundelger
2945
Pascal-Yves Murundelger 2017.10.13 15:28 
 

Very good job!

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Stop close only
Gennadiy Stanilevych
The script in the form of an expert is created for the possibility of automatic installation of pending orders of the Stop Close Only type, which are not in MT5 by default. This type of order implies entering a long position in case the price closes above a given price level and opening a short position if the price closes below the price set by the trader. At the same time, level breakouts are not taken into account. The expert indicates the levels on the chart with lines, overcoming which will
Spread and Swap monitor
Gennadiy Stanilevych
5 (1)
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency. The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In ad
Modified Awesome Oscillator
Gennadiy Stanilevych
5 (2)
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals: The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line.  The buy
Slider
Gennadiy Stanilevych
This is a utility created to ease charts watching on tablet PCs. The indicator allows you automatically alternately display "slide show" of all currency charts from "MarketWatch". The user can set the display time interval (in seconds) between charts in indicator settings. In addition, there is an option of selecting the angle of Start/Stop button which starts and stops the display of charts. This function is very useful if a trader noticed a trading signal and would like to study it in more det
Slider profy
Gennadiy Stanilevych
The idea of ​​enhancing the free Slider utility appeared after the release of a lite version of the EA trade panel Trading Chaos Expert Lite , which operates in the Current Chart mode without the possibility to maintain trades of several symbols in a single window. The purpose of Slider profy Ease search for trading signals by automatic display of charts of currency pairs from the "Market Watch" one by one at a specified interval of time in seconds. Automation of one-click placing of pending ord
Purpose and functions of the indicator The indicator determines and marks the moments of trend change on the chart based on the theory of fractal levels breakout on any of the analyzed timeframes. If a breakout based on all rules is valid, a horizontal line with corresponding color will appear on the chart. If there is an uptrend, the line will be blue. In the descending trend, the line will be red. The blue line is a strong support level, the trader should look for buying opportunities above th
Stairway
Gennadiy Stanilevych
The multi-timeframe indicator of the levels of the Pivot Points. Every closed daily period has its own so-called reference point - Pivot Point, which sets the levels for smaller intraday timeframes for the following day. The Pivot Points indicators existing in the codes have no method of showing the dynamics of the pivot point changes on the historical data of the price chart. Pivot Point calculation formula. Pivot=(High + Low + Close) /3 High — the maximum of the previous day; Low — the minimum
The standard Bollinger Bands indicator has been improved by integrating additional indications from the Standard Deviation indicator (StdDev), which gives an additional filter for confirming trading signals. In addition, the color of the indicator's lines shows the beginning of a trend, its development and exhaustion. This indicator has a signal block that notifies the trader of the beginning of the trend on any time frame to which it is attached. Settings Type of messages - select the type of
Fifth dimension
Gennadiy Stanilevych
5 (1)
The indicator looks for the "Fifth dimension" trade signals and marks them on the chart. A detailed description of the chart patterns that generate the trade signals can be found in Chapter 8 "The Balance Line Trades" in the book Williams' "New Trading Dimensions". Signal levels with indication of the position entry or stop loss placement price are indicated directly on the chart. This feature creates additional convenience for the trader when placing pending orders. A solid horizontal line is d
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RKE
695
RKE 2023.02.09 11:59 
 

Great tool, thank you.

Gennadiy Stanilevych
49984
Reply from developer Gennadiy Stanilevych 2023.02.09 13:57
thank you, mate
drizer777
69
drizer777 2023.01.13 13:31 
 

Хороший индикатор. Если знаком с Теорией хаоса - все понятно. Не рисует. Радует, что автор подробно объясняет точки входа и стопы. Купил конечно.

marcelo22 pintacuda
81
marcelo22 pintacuda 2018.02.21 20:45 
 

User didn't leave any comment to the rating

Pascal-Yves Murundelger
2945
Pascal-Yves Murundelger 2017.10.13 15:28 
 

Very good job!

Denis Povtorenko
1930
Denis Povtorenko 2017.08.15 15:33 
 

User didn't leave any comment to the rating

Nindsya_80
103
Nindsya_80 2016.11.30 18:08 
 

Это просто шедевр!!! При условии выполнения всех сигналов срабатывания данного сигнала, работает со 100% уверенностью в прибыли. По крайней мере я сам ни разу не обжегся, и ни одного случая ошибки в истории графиков не нашел. Лучший, простой и не дорогой инструмент. Про окупаемость промолчу, окупаемость мгновенная. Цена данного индикатора не сопоставима с его ценой. Признаюсь, я бы продавал не меньше 200$. Геннадий, Вы лучший. Я рад что Вы встретились в моей жизни с Вашими продуктами. За месяц торговли 143% прибыли на сегодняшний день, пользуясь Вашими продуктами. С нетерпением жду еще чего нибудь подобного. Куплю с радостью!!! Здоровья Вам и Вашей семье!!! Ну и хочу пожелать Вам побольше свободного времени для создания новых продуктов. От души!!!

Reply to review
Version 7.1 2023.02.08
The value and, accordingly, the price of the indicator increased. In the updated version, the indicator allows you to recognize fractal levels, the breakdown of which led to a change in the direction of the trend, and the built-in filter distinguishes the removal of liquidity from the real breakdown of the market structure.
Version 6.96 2021.12.04
Индикатор скомпилирован новой редакцией эдитора по рекомендации администрации MQL5.
Version 6.90 2019.03.18
Индикатор оптимизирован для работы с 2009 версией терминала МТ5 и выше.
Version 3.0 2019.01.05
Добавлена функция работы в мультитаймфреймовом режиме.