EA_Alligator
Entry Conditions:
– Enter the trade when 3 lines are perfectly aligned in Order
– Due to trend volatility, it’s recommended to take smaller Take Profit (TP) levels
– Use a Trailing Stop of 4 pips
– The H1 timeframe is the most stable for this strategy
Key Considerations:
– When 3 lines align, a trend is likely to develop
– The spacing between these lines is crucial
– Default setting requires a minimum spacing of 5 pips or more
– This spacing can be customized freely
Stoploss is by auto. When Lime line cross the another line, then the order is closed.
Optimal Trading Pair: GBP/USD
Recommended Timeframe: H1 (1-hour chart)
Set file
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