OPEN-SOURCE SCRIPT

True Williams Alligator (SMMA)

67 168
The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator.

The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different conclusions. Hence the need for this, a true and exact implementation of "The Mighty Alligator" (Bill Williams, Trading Chaos 1, New Trading Dimensions, Trading Chaos 2).

Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.