Forex alligator expert advisor

Top Stock Broker Rankings. The three smoothed moving averages are: The green line Lips 5-period Smoothed Moving Average, with a shift of 3 bars into the future. The red line Teeth 8-period Smoothed Moving Average, with a shift of 5 bars into the future. The blue line Jaw period Smoothed Moving Average, with a shift of 8 bars into the future. Open Account. If indicator is currently completely flat, the EA will look back at previous data until it finds a direction.


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The two possible directions are up or down. If all indicators are UP, then close all short positions and open a long position.


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If all indicators are DOWN, then close all long positions and open a short position. The EA will only ever have one open order, and will close it before opening the next order. The rest of the inputs can be found by scrolling down:. Entering method: The value can be either Directly or Wait for pullback.

If Directly is chosen, the EA will open orders immediately at the close of the last bar after the indicators change direction. In this case, you can ignore the four indented variables below. In this case, the four indented variables below can be ignored. If Wait for pullback is chosen, the EA will not open order, even if the buy signal changes, until a suitable pullback is detected.

The pullback requirements are determined by the four indented settings below. The Wait for pullback option is still under development and should NOT be used.

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If you do not wish to use a take profit, select None , and ignore the three indented parameters below it. IF you wish to use a set number of pips above or below the price of the opened order as the take profit, select Constant. You must then set the indented Constant variable below to your desired number of pips. If you do not wish to use a stop loss, select None , and ignore the three indented parameters below it.

IF you wish to use a set number of pips above or below the price of the opened order as the stop loss, select Constant.

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If it is set to true, then if an order is closed on a stop loss, the program waits for all the indicators to switch directions before opening another order. If it is set to true, then if an order is closed on a take profit, the program waits for all the indicators to switch directions before opening another order. Max spread to trade pips : If the current spread is greater than this value, no orders are opened by the program.

The change in stop loss is made relative to the price crossed that was set by the SL profit level type variable. Day not to trade: There are six of these. Each can be set to any day of the week or None. The program will not open any orders on the days specified by these variables. Trade around the clock? This variable determines if the program can open orders at all times of the day if true , or whether it can only open orders during the times specified by the Hour to start trading , Minute to start trading , Hour to stop trading , and Minute to stop trading variables below if set to false.

Hour to start trading, Minute to start trading, Hour to stop trading, Minute to stop trading: Determine the times during the day that the EA can open positions. The time xx:xx set by the first two variables must be earlier in the day than the time set by the last two. Day to close all trades, Hour to close all trades, Minute to close all trades: These variables decide a day, hour, and minute that the program closes all open orders. If Start trading immediately is selected, then this does not happen.

Forex Ea Gator

This variable is ignored if Trade around the clock? Every aspect of this program must be more thoroughly tested before it should be used for trading, optimization, and testing purposes. Complete implementation of the Wait for pullback option under the Entering method variable. This is an essential feature for making any strategy profitable. The program must be able to accurately detect a good pullback in order to open trades with better timing.

Extensive code optimization. This EA is designed to be tested on years of historical data hundreds or thousands of times simultaneously when optimizing a wide variety of parameters.

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It is important that the code runs quickly so that this process doesn't take forever. More robust error handling. For optimization and trading on demo account, fairly simple error handling will suffice. However, if real money is to be put on the line using this program, much more work will have to be done on making an extensive and thorough error handling system.

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