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ImpAlligator

The standard indicator Alligator is calculated on the basis of smoothed moving average and median price.

This modification allows calculating the indicator on the basis of any combination of 4 basic prices: Close, Open, High, and Low, and choosing one of 6 methods of averaging: simple (SMA), exponential (EMA), smoothed (SMMA), linear weighted (LWMA), double exponential (DEMA), triple exponential (TEMA).

Input parameters:

  • Jaws period - period of Alligator's jaws;
  • Jaws shift - shift of Alligator's jaws;
  • Teeth period - period of Alligator's teeth;
  • Teeth shift - shift of Alligator's teeth;
  • Lips period - period of Alligator's lips;
  • Lips shift - shift of Alligator's lips;
  • Moving average mode - averaging method: Simple (SMA), Exponential (EMA), Smoothed (SMMA), Linear Weighted (LWMA), Double Exponential (DEMA), Triple Exponential (TEMA);
  • Close - weight coefficient of the CLOSE price for calculation of the individual price;
  • Open - weight coefficient of the OPEN price for calculation of the individual price;
  • High - weight coefficient of the HIGH price for calculation of the individual price;
  • Low - weight coefficient of the LOW price for calculation of the individual price.

Example 1. Calculate indicator by OPEN price: Close=0, Open=1, High=0, Low=0.
Example 2. Calculate indicator by WEIGHTED price: Close=2, Open=0, High=1, Low=1.
Example 3. Calculate indicator by individual price constant: Close=6, Open=7, High=1, Low=3. Price=(6*Close + 7*Open + 1*High + 3*Low)/17. 

Nikolay Gaylis
16477
Nikolay Gaylis 2019.01.14 08:04 
 

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Gennadiy Voltornist
12010
Gennadiy Voltornist 2018.02.01 11:09 
 

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Daniel Andrejczuk
5611
Daniel Andrejczuk 2017.11.09 14:53 
 

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Nork
6158
Nork 2017.07.21 17:30 
 

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Rodrigo da Silva Boa
7173
Rodrigo da Silva Boa 2016.03.14 04:26 
 

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Vadim Strelkov
7826
Vadim Strelkov 2014.04.08 12:32 
 

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