Alligator with Alert Indicator for MetaTrader 4

The Alligator with Alert is the notification enabled version of the classic Alligator indicator by Bill Williams. It combines three shifted moving averages, called the jaw, the teeth and the lips, which help identify when the market is trending or ranging.

How to use it

It notifies you when the Alligator opens its mouth, that is, when the three averages align and separate signaling the start of a trend. It works for both trend following and reversal strategies, and it can show buy and sell arrows.

Main parameters

• Periods and shifts of the jaw, the teeth and the lips.
• Notification method: screen, email or mobile.

File contents: package ready to install in MetaTrader 4.

View the original indicator documentation on EarnForex (Apache-2.0 license)