Fractal and Alligator Alerts by JustUncleL

This is based on two well known Bill Williams Fractal and Alligator strategies.

The following code is an implementation is similar to reversal strategy specified here:


and another well know Alligator break out strategy.

This was achieved by combining some of the ideas from two other indicators:
  • True Williams Alligator ( SMMA ) by the_batman
  • Fractals and Levels by JustUncleL

There are two types of Fractal + Alligator Strategies included in this indicator:
  • Fractal Reversal : In an uptrend defined by Low Fractal that is above the Alligator teeth and the Alligator mouth is completed open in an uptrend. The opposite for downtrends. (Green and Red Arrows)
  • Fractal BreakOut : In an uptrend, at the start of Alligator open we look back for the first Fractal High above Alligator Teeth. Alligator teeth must be above mouth. (Aqua and Fuchsia arrows)
Notes de version: R2 : New signal Type.
  • Added new signal Type Awesome Oscillator Break Out.
  • Awesome BreakOut : In an uptrend, at the start of Alligator open we look back for the first Bar close above Alligator, Alligator Lips above Teeth and Jaw, Awesome Oscillator just started changing to lime. The opposite for downtrends. (Teal and Orange arrows)

... New signal Type in action

Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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