Bill Williams makes a lot of signals and trading strategies that help many traders to finally succeed in trading, one of which is Fractal and Alligator Indicator which is really useful in trading. These are not just signals to organize a very profitable order but can also make you learn quickly about what is a wave analysis where this analysis is the most fundamental concept of trading systems that are widely used by traders.
ALLIGATOR INDICATORS
This indicator is composed of 3 balanced lines calculated by the same formula but different variables. Alligator's lips are marked in green, Alligator's jaws are marked in blue and Alligator's teeth are marked in red. When these three variables fall asleep, it indicates that the market is in a flat state, but when there is a trend it will be shown with an open jaw where if the price is higher than the jaw it shows the current trend is bullish and when the price is lower than the jaw Then the current trend is bearish.
You have to monitor the location of the price of some time frame because it is very important to be able to adjust to the way you trade. So just before you open the order then you should also analyze the other time frame because there is a possibility that the trend in the hourly chart will be different from the trend in the daily chart. This indicates that there will likely be a price setback we are monitoring in a day and clearly this is a very bad time to open a buy or sell position.
FRACTAL INDICATORS
After discussing the Alligator indicator, it is time to talk about the signal of the fractal indicator. Where there are 5 series of candles in the middle there is the highest maximum price and also the lowest minimum. If the fractal appears above the Alligator indicator, then you get a buy signal. Conversely, if the fractal appears below the Alligator indicator then you get sell signal.
But the best of circumstances is when all three lips, teeth and jaws are perfectly formed, this is a sign that the Alligator is in a state of sleep, and the price indicated will soon run from his current position.
PLEASE AND ALWAYS USE STOP LOSS
When you decide to enter into the market then you should use a pending order, whether it's a buy stop or a sell stop. An example is when a fractal signal for buy appears and forms a sepurna above the jaw, this is a sign that you make a buy position at one point above the maximum candlestick in the middle. If you find an incoming order then it is a sign that the signal has succeeded in triggering.
It is very often a situation where the price is in the vicinity of the price created from a balance, but the price is not moving higher just a few points. This situation is called Bill Williams as a trade that takes place in low rent districts. You've lost a lot of capital, but the losses you earned are still acceptable when compared to the benefits you get when the actual movement begins, and now you are inside. Under these conditions sooner or later the Alligator's jaw will open, and you will be impossible to escape losses.
It is important to analyze the position of this indicator in another time frame before you decide to open a buy or sell position. Always be patient and learn to wait, do not forget to be wise in judging a condition and circumstances.
Although the concept of trading created by Bill Williams is genius and proved very easy does not mean you can underestimate this indicator, you still need to practice so you can analyze the market quickly and can apply this indicator in your trading.
ALLIGATOR INDICATORS
This indicator is composed of 3 balanced lines calculated by the same formula but different variables. Alligator's lips are marked in green, Alligator's jaws are marked in blue and Alligator's teeth are marked in red. When these three variables fall asleep, it indicates that the market is in a flat state, but when there is a trend it will be shown with an open jaw where if the price is higher than the jaw it shows the current trend is bullish and when the price is lower than the jaw Then the current trend is bearish.
You have to monitor the location of the price of some time frame because it is very important to be able to adjust to the way you trade. So just before you open the order then you should also analyze the other time frame because there is a possibility that the trend in the hourly chart will be different from the trend in the daily chart. This indicates that there will likely be a price setback we are monitoring in a day and clearly this is a very bad time to open a buy or sell position.
FRACTAL INDICATORS
After discussing the Alligator indicator, it is time to talk about the signal of the fractal indicator. Where there are 5 series of candles in the middle there is the highest maximum price and also the lowest minimum. If the fractal appears above the Alligator indicator, then you get a buy signal. Conversely, if the fractal appears below the Alligator indicator then you get sell signal.
But the best of circumstances is when all three lips, teeth and jaws are perfectly formed, this is a sign that the Alligator is in a state of sleep, and the price indicated will soon run from his current position.
PLEASE AND ALWAYS USE STOP LOSS
When you decide to enter into the market then you should use a pending order, whether it's a buy stop or a sell stop. An example is when a fractal signal for buy appears and forms a sepurna above the jaw, this is a sign that you make a buy position at one point above the maximum candlestick in the middle. If you find an incoming order then it is a sign that the signal has succeeded in triggering.
It is very often a situation where the price is in the vicinity of the price created from a balance, but the price is not moving higher just a few points. This situation is called Bill Williams as a trade that takes place in low rent districts. You've lost a lot of capital, but the losses you earned are still acceptable when compared to the benefits you get when the actual movement begins, and now you are inside. Under these conditions sooner or later the Alligator's jaw will open, and you will be impossible to escape losses.
It is important to analyze the position of this indicator in another time frame before you decide to open a buy or sell position. Always be patient and learn to wait, do not forget to be wise in judging a condition and circumstances.
Although the concept of trading created by Bill Williams is genius and proved very easy does not mean you can underestimate this indicator, you still need to practice so you can analyze the market quickly and can apply this indicator in your trading.
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