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Williamsalligator

Indicators for trading using Bill Williams' Profitunity strategyI published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams Alligator, Williams Fractals, Divergent Bars, Market Facilitation Index, Highest and Lowest Bars, maximum or minimum peak of the Awesome Oscillator, and signal alerts based on Bill Williams' Profitunity strategy: Bullish and Bearish Divergent Bar Signal + Squat Bar + Green Bar + Fake Bar + Awesome Oscillator Color Change + AO Divergence. Crossing the green line (Lips) of an open Alligator. Formation of a fractal. Signal about the breakdown of the last upper or lower fractal. Signal about the appearance of a new maximum or minimum peak of AO in the interval of 140 bars from the last bar. I also added an Alligator display for the higher timeframe, for example, if the chart timeframe is 1 hour, then the higher timeframe will automatically be 4 hours, if the chart timeframe is 4 hours, then the higher timeframe will be 1 day, etc. AOE Oscillator (Awesome Oscillator + Bars count lines + EMA Line) Includes the Awesome Oscillator with two vertical lines at a distance of 100 and 140 bars from the last bar to determine the third Elliott wave by the maximum peak of AO in the interval from 100 to 140 bars according to Bill Williams' Profitunity strategy. Additionally, a faster EMA line is displayed. I also added display of the AO line for the lower timeframe instead of the EMA line if the Moving Average Line values (method, length and source) are equal to the Awesome Oscillator values in the indicator settings. For example, if the chart timeframe is 1 day, then the lower timeframe will automatically be 4 hours, if the chart timeframe is 4 hours, then the lower timeframe will be 1 hour, etc. VBCHL indicator (Visible bars count on chart + highest/lowest bars, max/min AO) The indicator displays the number of visible bars on the screen, including the prices of the highest and lowest bars, the maximum or minimum value of the Awesome Oscillator. The values change dynamically when scrolling or changing the scale of the chart, but with a delay of several seconds, so this feature is included in a separate indicator so as not to slow down the work of other indicators. Indicator settings In the AFDSA indicator I use the following settings: By default, the Squat Bar is colored blue, and all other bars are colored to match the Awesome Oscillator color, except for the Fake bars, which are colored with a lighter AO color. But I also enable the display of "Green" Divergent bars in the "Green Bars > Show" field. I enable the display of Alligator for higher timeframes in the "Alligator for higher timeframe > Enable" field. In the indicator style settings, I disable the display of the highest and lowest bars, maximum and minimum AO peak labels, because these labels are also displayed by the VBCHL indicator depending on the number of visible bars in the chart window. Only after opening a position, I enable all additional alerts in the “Enable all additional alerts” field (after changing this field, you need to re-create the alert for the current chart): crossing the green line of an open Alligator, formation of a fractal, appearance of a new maximum or minimum AO peak. In the settings of the AOE oscillator, I enable the display of the AO line for the lower timeframe instead of the EMA line, setting the same values in the fields for the Moving Average Line (method, length and source) and Awesome Oscillator. In the VBCHL indicator settings, I only enable the simple display text style for labels in the "Simple display text style for labels" field. As a result, when analyzing the current chart, I immediately see all the signals on the chart, the location of the bars relative to the Alligator on the higher timeframe and changes in the Awesome Oscillator on the lower timeframe. And thanks to the VBCHL indicator, I quickly select the desired timeframe for analyzing the 5-wave Elliott impulse, focusing on the interval of 140 bars, and immediately see whether there is divergence between the maximum AO peak and the following lower AO peak in this interval.
OANDA:XAUUSDEducation
by grigorykov
2
Biil Williams Aligator Indicator Explanation on BTC MarketCapHello Friends. Today we will explain Aligator indicator on BTC Marketcap Chart. this post has 2 purpose: 1)BTC marketcap analyze 2)Learn how Bill Williams Aligator indicator works First lets see how this indicator works: The Alligator indicator is composed of three smoothed moving averages. It is named ‘alligator’ because it mimics the feeding habit of the animal and can help traders pick out the best times to ‘feed’ on the pips available in a trending market. Here are the lines that constitute the Alligator indicator: Alligator’s Jaw This is a 13-period smoothed moving average.This line is typically visualised in blue. Alligator’s Jaw = SMMA (median price, 13, 8) Alligator’s Teeth This is an 8-period smoothed moving average. This line is typically visualised in red. Alligator’s Teeth = SMMA (median price, 8, 5) Alligator’s Lips This is a 5-period smoothed moving average. This line is typically visualised in green. Alligator’s Lips = SMMA (median price, 5, 3) Trading Rules: When the lines are intertwined or converging, it implies that the market is ranging (the ‘alligator’ is sleeping). The longer the alligator sleeps, the hungrier it will wake up; prolonged consolidation will imply a massive breakout. The alligator’s lip will be the first to move (crossing above or below the jaw) when it is waking up, which denotes the Begining of a new trend. An upward movement implies an uptrend might be forming, whereas a downward movement implies that a potential downtrend is starting. A trend will be confirmed when the alligator’s teeth cut through the lips. This will be the signal to buy in a confirmed uptrend or to sell in a confirmed downtrend. The signal to take profits will come when the lines start to converge again, which will mean that the alligator is now about to repeat the sleep cycle. Now lets see what happened in BTC marketcap According to this Strategy: We can see awakening of aligator from 9 march 2020 untill 12 april 2021. it shows a strong uptrend and aligator lines divergence. I show it with a Green Ellipse in chart. after that aligator go to sleep for a while from 12 april 2021 to 18 jan 2022. so we can see a Range in price and aligator lines converging. I show that with a Yellow Ellipse in chart. after that we see aligator lips and teeth breaks jaw and aligator awake in a downward trend so we approch a bearish market and i show that with a Red Ellipse. no one know how much this cycle last. after this section i think aligator go to sleep again and after that awake upward. please protect your capital and know about market cycles. we could see new bottoms so we must manage our risk. after that when diffrent conditions confirm uptrend we can buy again. Remember: Buy expensive but confident !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE. SO DO ON YOUR OWN OPINION AND CONSIDER MARKET RISKS. Thank you all for reading this article hope that be useful for you. share me your opinion in comment please.
CRYPTOCAP:BTCEducation
by TraderAmin-KZ
EDUCATION: Williams Alligator IndicatorHello, dear subscribers! Today's topic is Williams Alligator (WA) Indicator, which is very important and efficient trading tool at any timeframe. Definition WA consists of three lines: Jaw = Moving average with length 13 and offset 8 Teeth = Moving average with length 8 and offset 5 Lips = Moving average with length 5 and offset 3 But you can choose your own settings. This indicator usually use for trend confirmation and works perfect with other indicators, which will be examined in next topics. How to trade with Williams Alligator? Alligator has 2 states: slleping and feeding time. The yellow areas demonstrate the sleeping time, when the lines are intertwined. During this period is not recommended to trade. When the lips start rapidly move down it means the downtrend start. After this the jaw starts open and the feeding time confirmed. When the red candle closed lower than all three MA lines, this is the perfect moment to entry short position. The exit condition is the crossover the lips and teeth lined, but you can do it earlier - when the price broke up the lips or teeth lines. For the long position the opposite is true, the lips line have to rapidly move up and be above other MA lines. Summary 1)Define the alligator sleeping time 2)Find the moment when lips line starts to move down and below other lines for short and move up and above for long 3)Wait the candle close below/above all three lines for short/long and entry position 4)Exit the position when the lips line crossed the teeth line This indicator is also has not perfect performance in sole use, but with other indicators it can bring a great profit. We will talk about it next time.
Education
by Skyrexio
2
BTCUSD 1H WILLIAMS Fractal Trading Strategy Long TradeFractal Trading Strategy Steps: The Fractal Trading Techniques Step #1: Apply Both Fractals and Bill Williams Alligator Indicator on Your Chart The First step you are going to want to do is, of course, throw these important indicators on your charts. As I have said, they do come standard on every trading platform that I am aware of so this should be very simple for you to do. Once you do this your chart will look like ours. Step #2A: Trading Fractals Bill Williams: Identify where the Fractal Has Formed (above or below alligator teeth) Note** In this example we are using a buy trade entry so all of these rules will be for a buy entry. Ok, so let’s get into what the fractals are all about. The fractals indicate a bottom or a top. The basic fractal indicator is composed of a very minimum of 5 bars. So when you see a fractal here is what may have happened for it to appear: *There were a series of at least five successive bars, with the highest high in the middle and then the two lower highs are on both sides. *There was a reversing series of at least five successive bars when the lowest low is in the middle and the two higher lows were on both sides (which forms a sell fractal) *Fractals can appear with only one candle to the right of it but be aware that this is an unconfirmed fractal because the price action may pierce through the level. So in order for a fractal to appear and stay on the chart forever, the trader must wait for 2 candles to the right of the fractal. *The fractals have what’s called a high and a low value. This is indicated by the up or down arrows. Now you need to be aware of where the fractals are being placed on the candles for this strategy concerning this special indicator. In a BUY trade, the Fractal must appear on a candle ABOVE the red line (alligator teeth). What is happening here is that the fractal forms a new high to the previous fractal and therefore made an up fractal appear on the candles. In order to go to step #2B (for a BUY trade), the fractal must show an up fractal and be appearing above the alligator teeth. Step #2B: The price action must stay above the Alligator Teeth for at least 5 consecutive candles (Buy Trade) This is where all the magic happens. More often than not when a fractal appears like the one above, the price action is still “flat”. This means there has not been a real breakout in the recent timeframe. You can also trade with the breakout triangle strategy. The reason this strategy has to wait for at least five consecutive candles is that this is the time where either there is pull back that is forming, a reversal may be forming, or the price action is still consolidating in a flat market. Any one of those does not sound pleasant if you are looking for a big upward bullish move to form on the chart. As you can see, the price action stayed quiet and did not move up or down drastically these five candles. That is exacly what you should see when trading this strategy. Before we look any further into this strategy, here is what will make the strategy “reset” and invalidate a future trade BUY entry. Resets if: A sell fractal appears below Alligator Teeth line before a position is opened. As you can see if this would have happened in our BUY trade example, then we would have told ourselves that this buy trade is invalidated and we should look elsewhere. The reason is that this could trigger a long Bearish trend which would not be good if you are attempting to go long here. Resets if: Any of the two lines of the Alligator indicator have crossed after the identified fractal candle in Step #1. Step # 3: Price Action Need to Break Above Fractal Candle That was Distinguished in Step #1 Once you see that five consecutive candles did not make a drastic move to the downside and stay in between the high of the fractal candle and the alligator teeth, then we go ahead and make an entry order. You can make an entry this way, or if you are sitting in front of your charts live with this occurs, then you can make a market order also. Either one is ok to do because the same criteria are needed. As you can see, I marked where our original fractal was discovered. What happened after was that there were five or more candles that appeared that did not drift down to the alligator teeth, the alligator lines did not cross, and the price action finally broke above the fractal candle thus triggering a trade. Take Profit Targets/ Stop Loss. You can try variations to this strategy as far as the take profit and stop loss is concerned. Exit the trade when two of the alligator lines cross over each other. This most likely means the alligator is going back to sleep and the price action will either head the other way or consolidate. Place your stop loss below prior support/ resistance areas. This will give you the best opportunity to salvage a trade if the price action would to turn on you and turn into a bearish trend. It may “bounce” off these areas and head back in a bullish direction. The above were the BUY entry criteria. A sell would be the exact same rules only the opposite. Sell Trade Steps: Step #1 Apply Both Fractals and Bill Williams Alligator Indicator on Your Chart Step #2 A down fractal must appear below alligator teeth and The price action must stay below the Alligator Teeth for at least 5 consecutive candles. Step # 3 Price Action Need to Break Below Fractal Candle That was Distinguished in Step #1 Step #4 Exit the trade when two of the alligator lines cross over each other. Conclusion These basic fractal trading techniques should lead you in the right direction if you have been searching for a great strategy to use with these indicators. There are many different strategies you can use with these indicators, but in our experience, we like this combination of the Bill Williams indicators. Many argue that every indicator is “lagging” and rarely show you profitable entries. The Fractal Trading Strategy uses the combination of price action analysis that complements these great indicators. So if you are one of the skeptics, give this strategy a try and let us know your results. We love hearing your guys feedback!
BITFINEX:BTCUSDEducation
by Tradingstrategyguides
4