The Alligator indicator based on the VAMA – simple MA of volumes indicator.
It has seven adjustable parameters:
- Period of Jaws line – period of Alligator’s Jaws line;
- Shift of Jaws line – shift of Alligator’s Jaws line;
- Period of Teeth line – period of Alligator’s Teeth line;
- Shift of Teeth line – shift of Alligator’s Teeth line;
- Period of Lips line – period of Alligator’s Lips line;
- Shift of Lips line – shift of Alligator’s Lips line;
- Applied price – price used for the calculation of indicator lines.
Note that the indicator needs the compiled VAMA.ex5 file, which should be available in the MQL5\Indicators folders.