Alligator System:Per Bill Williams book | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Request: histogram indicator for alligator 6 replies

Alligator Fractal Breakout 2 replies

How to remove the "junk" from MT4...Alligator, Bill Williams, etc 5 replies

Alligator study help 2 replies

How do you trade with the alligator? 2 replies

Attachments: Alligator System:Per Bill Williams book
Exit Attachments

Alligator System:Per Bill Williams book

  • #1
  • First Post: Edited 3:11pm Jan 10, 2008 3:07pm | Edited 3:11pm
Hello traders,I got this method out of the stocks & commdities jan 08 edition.Rules are as follows:5,8,13 sma.When these ma's are twisted together it means the alligator rests,but the longer the alligator sleeps the hungrier it will be! when the 5sma crosses over the 8,13 go long,when it crosses under the 8,13 go short.If the trend is up on the daily chart wait for the trend to go down on the 4hr chart (pullback) and buy on the 30 min chart.If the daily trend is down go to the 4hr chart (up) sell on the 30 min chart.You can also use this trading system for short term trading.example:4hr chart up 1hr down buy on the 5 min.4hr chart down 1hr up sell on the 5 min chart.I have learned a lot from this forum and seen this in my reading and decided to contribute.thanxs,happy trading!!!!!!!!!
  • #2
  • Jan 11, 2008 12:15am Jan 11, 2008 12:15am
Can you show us some chart examples? What currency pairs are used and have you tested this system?
  • #3
  • Jan 11, 2008 12:24am Jan 11, 2008 12:24am
Quoting monikroc
Hello traders,I got this method out of the stocks & commdities jan 08 edition.Rules are as follows:5,8,13 sma.When these ma's are twisted together it means the alligator rests,but the longer the alligator sleeps the hungrier it will be! when the 5sma crosses over the 8,13 go long,when it crosses under the 8,13 go short.If the trend is up on the daily chart wait for the trend to go down on the 4hr chart (pullback) and buy on the 30 min chart.If the daily trend is down go to the 4hr chart (up) sell on the 30 min chart.You can also use this trading system for short term trading.example:4hr chart up 1hr down buy on the 5 min.4hr chart down 1hr up sell on the 5 min chart.I have learned a lot from this forum and seen this in my reading and decided to contribute.thanxs,happy trading!!!!!!!!!
Please elaborate on exit strategy. using the 4h, 1h and 5 min example do you exit on a reversed cross of 5/13 on the 4h, 1h or 5 min chart?
  • #4
  • Jan 11, 2008 12:48am Jan 11, 2008 12:48am
isnt the the Bill Williams profitunity system a little more complex than you have outlined? I believe the ma's are period shifted and entries are taken not on the ma cross but after the alligator is awake on fractal breakouts and on his other indicator set ups. My take is that the system is only effective in strong trends as entries are very late and dependant on trend continuation. I would be interested to hear about your results from using this sytem
BTC Return This Year: na
  • #5
  • Jan 11, 2008 12:49am Jan 11, 2008 12:49am
yes at least if you look in MT4 at the alligator there is a period shift.
  • #6
  • Jan 11, 2008 8:11pm Jan 11, 2008 8:11pm
Quoting WHTenn
Can you show us some chart examples? What currency pairs are used and have you tested this system?
no examples to show ,please use your back testing methods,thanxs.
  • #7
  • Jan 11, 2008 8:12pm Jan 11, 2008 8:12pm
Quoting M.A.C.Doug
isnt the the Bill Williams profitunity system a little more complex than you have outlined? I believe the ma's are period shifted and entries are taken not on the ma cross but after the alligator is awake on fractal breakouts and on his other indicator set ups. My take is that the system is only effective in strong trends as entries are very late and dependant on trend continuation. I would be interested to hear about your results from using this sytem
I took what was written from his article in the s&c jan forex focus section,thanxs.
  • #8
  • Jan 11, 2008 8:14pm Jan 11, 2008 8:14pm
Quoting aelimian
Please elaborate on exit strategy. using the 4h, 1h and 5 min example do you exit on a reversed cross of 5/13 on the 4h, 1h or 5 min chart?
Yes that is correct to exit your position at the cross on the other side or at your discretion,thanxs.
  • #9
  • Jan 11, 2008 8:15pm Jan 11, 2008 8:15pm
This system is similar to the cornflower method obviously or vise/versa,thanxs just trying to relay good info for the forex public!!!!!
  • #10
  • Jan 11, 2008 8:17pm Jan 11, 2008 8:17pm
Quoting WHTenn
Can you show us some chart examples? What currency pairs are used and have you tested this system?
Hello WHTenn,his article is showing the gbp/usd as an example,thanxs.
  • #11
  • Jan 11, 2008 9:59pm Jan 11, 2008 9:59pm
I read his Trading Chaos book initial part is must read it is about physcology..

System


5 sma shifted 3.

8 sma shifted 5

13 sma shifted 8.

I did research and i think these number are used because of Fibonaci series.

Then a Awesome oscillator which can be found on FF....

Then a little bit like fractal..

Ok so there you see if there is large difference between the MA. Then you will likely to see a large difference between the angle of price . It means top or bottom is forming then you wait for Awesome oscillator to turn green atleast 3 bar to have additional confirmation..


Stop loss is generally i take it below the last low.

attached is the chart showing....

I use this system with another one and this can be right like 70% telling the bottom or top of the system.


As always i am just adding my 2 cents....This is some one else thread but my 2 cents....and as i said this itself if not with right money management can be suicidal.

Anyone in Newyork City to make a forex group please message me ( hope i am not breaking any rule posting this here if so please delete this)

Thanks

V
Attached Image (click to enlarge)
Click to Enlarge Name: holygrailentryexample.gif Size: 31 KB
  • #12
  • Jan 21, 2008 9:25am Jan 21, 2008 9:25am
Hello Friend,

What you think make an EA? How long you are using this TS? iŽll not charge nothing, just share,
so, we'll lets see the possibilities and run some BackTests in a different pairs.


Best Regards,

Marcelo Marques
  • #13
  • Last Post: Dec 14, 2009 11:39am Dec 14, 2009 11:39am
Quoting monikroc
Hello traders,I got this method out of the stocks & commdities jan 08 edition.Rules are as follows:5,8,13 sma.When these ma's are twisted together it means the alligator rests,but the longer the alligator sleeps the hungrier it will be! when the 5sma crosses over the 8,13 go long,when it crosses under the 8,13 go short.If the trend is up on the daily chart wait for the trend to go down on the 4hr chart (pullback) and buy on the 30 min chart.If the daily trend is down go to the 4hr chart (up) sell on the 30 min chart.You can also use this trading...

I like your explanation of entries. I use similar ways to enter as well.
0 traders viewing now