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Deviation from Alligator

The indicator signals the appearance of a possible divergent bar based on the shape of the bar and its standard deviation from the Alligator indicator.

A bullish divergent bar is a bar that closes in its upper half (the higher the better), has a lower minimum than the previous bar, and drops sharply away from the Alligator.

A bearish divergent bar is a bar that closes in its lower half (the lower the better), has a higher high than the previous bar, and moves up sharply from the Alligator.

Standard deviation is a measure of how far a value is from its mathematical expectation.


SETTINGS

History - historical signal limit.

Bar closing - a condition for closing a signal bar.

Standard deviation - a coefficient of the distance of the signal bar from the Alligator (the higher the value, the rarer the signals).

Extremum - the number of bars by which highs and lows are determined.

Up arrow color - bullish signal color.

Down arrow color - bearish signal color.

Alerts - signal notification.

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NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
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The indicator signals the appearance of a possible divergent bar based on the shape of the bar without angulation detection. A bullish divergent bar is a bar that closes in its upper half (the higher the better), has a lower minimum than the previous bar, and drops sharply away from the Alligator indicator. A bearish divergent bar is a bar that closes in its lower half (the lower the better), has a higher high than the previous bar, and moves up sharply from the Alligator. SETTINGS History - h
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