ToTitans - Williams Alligator with Life Line

28 thg 2, 2021

What Is It?
Legendary trader Bill Williams, an early pioneer of market psychology, developed the trend-following Alligator indicator, which follows the premise that financial markets and individual securities trend just 15% to 30% of the time while grinding through sideways ranges the other 70% to 85% of the time. Williams believed that individuals and institutions tend to collect most of their profits during strongly trending periods. You also can find more detail here investopedia.com/articles/trading/072115/exploring-williams-alligator-indicator.asp


Differentiation

• Add Fill the line as a cloud for easier chart interpretation / trend interpretation
  
• Add EMA 5 (Life Line) for using with Going through the cloud and Exiting from the cloud
  This indicator has been used in AJ Jim class for "Type 2" approach
  

Suitable for

• Intra Day Trading (20m-2h)
  
• TFEX:S501!
  

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28 thg 2, 2021

Phát hành các Ghi chú

• Change the default "Life Line" Color to Blue and "Cloud" color to silver for White and Black Back Ground
  

5 thg 3, 2021

Phát hành các Ghi chú

• Change the source of Life Line from Close to Low