Alligator - MetaTrader 5 Expert - MQL5 #17156 - MT4/MT5 Resources

The author of the idea — Vitaly , the author of the MQL5 code — Balabashka Kon .

Trade based on indicators: iAlligator, iFractals. martingale.

From the author of this idea:

Overall, the idea is simple. Once the lines are grouped in a certain way, a signal is generated. Confirm to use fractals and proceed as usual.

All features can be disabled. That is, no entry, exit via indicators, tailgating, leaving only the martingale and you can "mow the grass" without thinking before Uncle Cole arrives :))

During optimization, with entry through Alligator lines and fractals, with tracking enabled and martingale disabled, it showed good profits with drawdowns of 3-9% on the initial deposit.

If necessary, reduce risk, limit maximum batch size, etc.

Try it yourself - you'll like it.

From myself: Try it on the M30 time frame or higher.

Test results of EURUSD in the first half of the year from January 29, 2016 to December 4, 2016:

Attachment download

📎 alligator.mq5 (39.6 KB)

Source: MQL5 #17156