AW Alligator EA

4.67

Fully automated advanced trading robot. It works on the signals of the classic Alligator indicator. To exit positions, it uses an intelligent trailing system or averaging using pending orders.

Advantages:

  • Fully automated system,
  • Customizable indicator parameters,
  • Built-in automatic lot calculation,
  • Intuitive setup,
  • multiplier setting,
  • Simple panel interface.
Problem solving -> HERE / MT5 -> HERE 

The essence of the indicator:

The Alligator indicator consists of three moving averages.The jaw is long sliding (blue), the teeth are medium sliding (red) and the lips are fast sliding (green). The indicator helps to determine the presence of a trend, as well as its direction.

The trend is up when green is on top, red below and then blue. When blue is on top, then red, green below is a downtrend. When the indicator lines are intertwined, there is no pronounced trend, the market is in a flat.

Strategy:

When the indicator shows that the trend has started and is confirmed, the EA will open an order in continuation of the current direction.

That is, the adviser trades with the trend. During one trend, the adviser can open the first order only once. That is, after one order or one grid is closed, the adviser will not open new orders until the trend changes direction.

After changing the direction of the trend, the EA will open orders in the opposite direction.

Exit from a position:

After the adviser opens an order:

1 - If the position goes in a profitable direction, then the trailing stop is activated. The position will be closed using the smart trailing system.

2 - If the position is losing money, then the averaging function is applied using pending orders.

Note! The indicator lines are not displayed in the EA!

Input variables:

LOTS_SETTINGS

Size_of_the_first_order - volume to open an order.

Enable_Autolot_calculation - Use automatic lot calculation.

Autolot_deposit _per_0.01_lots - Deposit amount per 0.01 lots when using autolot.

ALLIGATOR_INPUTS

Jaw_Period - blue period, the longest moving average.

Jaw _Shift - shift for long moving average.

Teeth_Period - period of the red, moving average.

Teeth_Shift - shift for the moving average.

Lips_Period - the period of the green, shortest moving average.

Lips_Shift - shift for a short moving average.

MA_Method_Alligator - MA method for indicator calculation.

Applied_Price_Alligator - applied price for moving averages.

AVERAGING_SETTINGS

Multiplier_for_size_of_orders -volume multiplier for pending orders, each subsequent open order in the order grid will be larger than the previous one by this coefficient.

Step_for_pending_orders - a variable that regulates the step between orders in the grid, measured in points.

TAKE_PROFIT_SETTINGS

Trailing Start - value in points, after opening a market order when passing this volume of points, Trailing will be set for the order.

Trailing Step - after passing the specified step, Trailing will follow the price.

PROTECTION SETTINGS

Maximum_slippage_in_points - maximum allowable slippage in points for opening and closing orders.

Maximum_spread _in_points - maximum allowable spread for opening orders.

Maximum_size_of_orders - maximum volume for one order. Measured in lots.

Maximum_number_of_orders - the maximum allowed number of orders of the same type.

ADVISOR SETTINGS

Orders_Magic_number - magicNumber of EA orders.

Comments_of_the_EA's_orders - comments for EA's orders.

Allow_to_open_OP_BUY_orders - allow opening orders of the OP_BUY type.

Allow_to_open_OP_SELL_orders - allow opening orders of the OP_SELL type.

Allow_to_open_new_orders_after_close - allow sending new orders after closing.

Show_panel_ofadvisor - the ability to show or hide the advisor panel.

Font_size_in_panel - adjusting the font size on the panel.

Reviews 6
Dreamfly099
217
Dreamfly099 2024.10.22 15:31 
 

This is a great EA. Any set files for certain fx pairs?

AshBurn166
111
AshBurn166 2023.07.24 14:50 
 

Excellent EA and profitable. Recommended to everyone.

forexmania
1810
forexmania 2022.12.16 07:41 
 

This Trend oriented based on the well known alligator indicator EA works like many other EA's from this developper very well on the standard set providet by the author. I'm using it on six real accounts. The risk management can be adapted by the beginning lot size and reduced when needed with the other Recovery EA from the same author. Kind regards from Yves from forexmania

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We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Forex GOLD Investor
Lachezar Krastev
4.47 (51)
ULTIMATE SALE! Get Forex GOLD Investor with a huge –60% discount ! Special Ultimate Price: $217 (Regular Price: $547 — You Save $330!) Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strategy, the second system has time based dependency which opens up to 2 trades at a time and the third system is based on breakout strategy. It has been t
Gold Pulse EA is a multi-strategy Expert Advisor that combines three trading systems into one structured and disciplined framework. Designed specifically for Gold (XAUUSD), it adapts to different market conditions using a mix of intraday swing trading, session-based execution, and daily range strategies. This creates a more balanced and consistent automated trading approach without relying on a single setup. Built with simplicity in mind, Gold Pulse EA requires no set files and is easy to depl
TW Sniper EA – Gold Scalping Expert Advisor for XAUUSD Trend Trading TW Sniper EA MT4 is an advanced Forex Expert Advisor for gold trading, built with precise trend-based logic to deliver stable performance even in highly volatile market conditions. This powerful gold scalping robot focuses on XAUUSD trading during key sessions, ensuring consistent growth while maintaining strict risk control and professional money management. With its smart automated strategy, traders can experience reliable r
Hello All, good news, the very famous Bitcoin Wizard version 1.6 is now available on the mql5 website which works very smoothly. Bitcoin Wizard – Automated Bitcoin Trading System Bitcoin Wizard is an advanced automated trading system designed specifically for Bitcoin trading . It identifies strong market momentum by analyzing high–low price levels within specific periods and executes pending orders to capture breakout opportunities. Built for traders who want a fully automated solution , Bitcoin
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DMITRII GRIDASOV
5 (3)
MULTI SNIPER EA is precise automatic trading system with around 90% accuracy for MT4 platform. This profitable scalping EA is really one of the most stable system on the market at the present time. No grid! No martingale! It is original product which is offered only on this MQL5 website. Download EA Set_files for testing and trading: GBPAUD Set_file GBPCAD Set_file - Implemented compound interest method and scalping techniques. - System sets dynamic SL automatically depending on market volati
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1.5 (2)
An Expert Advisor that trades at the intersection of two moving averages uses the third moving average to filter the current trend direction. It has flexible, but at the same time, simple input settings. Problem solving ->  HERE  / MT5 version ->  HERE   / Instruction  ->   HERE   Benefits: Intuitive easy setup Suitable for any type of instrument and any timeframe Has three types of notifications Pluggable system of overlapping the first order by the last Ability to automatically calculate tradi
AW Envelopes EA MT5
AW Trading Software Limited
Fully automated trading robot.   The advisor works by strategy   t he   breakout of dynamic support and resistance levels , the well-known Envelopes indicator is used to determine the signals .   In addition, the EA implements the possibility of averaging, the function of closing the first and last basket orders and the function of automatic lot calculation, three types of notifications. Problem solving ->  HERE  /  MT4 version ->  HERE   / Instruction  ->   HERE   Advantages: Can be used on an
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AW Trading Software Limited
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Fully automated trading robot. The well-known Parabolic SAR indicator is used to identify signals . In addition, the EA implements the averaging feature, the function of closing the first and last basket orders, and the function of automatic lot calculation. Has an advanced information panel and three types of notifications. The ability to adjust the indicator signals in the advisor. Problem solving ->  HERE  / MT4 version ->  HERE   / Instruction  ->   HERE   Benefits: Can be used on any instr
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AW Grids Maker is used to build grids from pending orders. The utility is universal, has flexible settings and an intuitive panel interface. The program builds networks from STOP and LIMIT orders with the necessary step, uses the position volume multiplier. MT5 version ->  HERE  / Problem solving ->  HERE Advantages: Uses pending orders of all types. Simple and flexible configuration. A well-designed and multifunctional utility panel. A well-thought-out information module Features of work: Suit
Shepherd Safety EA
AW Trading Software Limited
4.92 (13)
The work of the utility is directed at opening new market orders, maintaining them, transferring the unprofitable orders into profit using an internal loss handling algorithm, trend filtering and various types of trailing stop and take profit. Suitable for any instruments and timeframes. The algorithm works separately for buys and sells, which allows simultaneously working in both directions as well. For the event when the additional orders opened by the utility do not become profitable, a Stop
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Dreamfly099
217
Dreamfly099 2024.10.22 15:31 
 

This is a great EA. Any set files for certain fx pairs?

137730
67
137730 2023.08.31 16:00 
 

This is not an Alligator and does not go with the trend. It also has a notifications glitch. Grid staking system is also faulty as it does not track the trend.

AshBurn166
111
AshBurn166 2023.07.24 14:50 
 

Excellent EA and profitable. Recommended to everyone.

forexmania
1810
forexmania 2022.12.16 07:41 
 

This Trend oriented based on the well known alligator indicator EA works like many other EA's from this developper very well on the standard set providet by the author. I'm using it on six real accounts. The risk management can be adapted by the beginning lot size and reduced when needed with the other Recovery EA from the same author. Kind regards from Yves from forexmania

Jean Philippe Groleau
1030
Jean Philippe Groleau 2022.11.19 18:44 
 

this turns out to be a very good EA, i optimised my settings so that it works over 22 years with a 1000$ deposit with many pairs. It's hard to have anything better over a long period of time.

Elvis A Soares Lucas
879
Elvis A Soares Lucas 2022.08.03 00:51 
 

I have made over $500 with this EA. It is great and catches trends

AW Trading Software Limited
196724
Reply from developer Alexander Nechaev 2022.08.03 13:15
Thanks a lot for your review.
Reply to review