Alligator Simple v1.0 - MetaTrader 5 Expert - MT4/MT5 Resources

Idea from: Nikolay Khrushchev

Code mq5: Barabashkakon

EA based on iAlligator indicator. It can be used for both hedging and netting accounts, since it always only holds one position in the market at a time. If every tick is true , the EA will work on every price move. If false (default), then the possibility of opening a position will be checked only when a new bar appears.

Market access conditions

• Buy: Lips #1 > Teeth #1 && Teeth #1 > Jaws #1
• For Sale: Lip#1 < Teeth#1 && Teeth#1 < Jaw#1

Attachment download

📎 alligator_simple_v1.0.mq5 (45.06 KB)

Source: MQL5 #22778