DislikedI would like to create an indicator thta will alert me when there is a fractal breakout and the alligator is sleeping.
Actually, to determine if the alligator is sleeping, I'm checking if during the 15 last bars, there is a bar for which the three alligator lines are not in the correct order (green red blue or blue red green).
For example if on the 5th bar before the last one, if the green line is between the red and blue lines, I consider that the alligator is sleeping.
Has anybody a better idea on how to determine if the alligator is...Ignored
Compare the Alligator vs AO when its at Zero line