Alligator Simple v1.0 – EA MetaTrader 5

Idea by: Nikolay Khrushchev

Code mq5 by: barabashkakvn

The EA based on iAlligator (Alligator) indicator. It can work both on hedging and netting accounts, since it always holds only one position in the market at a time. If Every tick is true, the EA will work at each tick. If false (default), then the possibility of opening a position will only be checked as soon as a new bar appears.


Market entry condition

  • BUY:  Lips#1 > Teeth#1 && Teeth#1 > Jaws#1
  • SELL:  Lips#1 < Teeth#1 && Teeth#1 < Jaws#1


https://www.mql5.com/ru/code/22778

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