Ultimate Buy/Sell Indicator
An Indicator based on the William Alligator, helping to find suitable entry and exit points.
Versionsinformation:
Updated default values to reduce the noise and show less but clearer signals including emojis.
Versionsinformation:
Basically, I almost rewrote the whole script. 😅
I now added "early" Signals, which are actually closer to the intended use of the Williams Alligator. They show once the first candle completely closes above/below both the jaw and the lips. During a continuous trend the early signals can show multiple times, once an opposite "early" signal shows.
Additionally, I added a 200 SMA for further guidance.
My ultimate (🌝) goal is to create a buy/sell indicator which incorporates multiple indicators into one.
Hope this helps and feedback is always very welcome!
I now added "early" Signals, which are actually closer to the intended use of the Williams Alligator. They show once the first candle completely closes above/below both the jaw and the lips. During a continuous trend the early signals can show multiple times, once an opposite "early" signal shows.
Additionally, I added a 200 SMA for further guidance.
My ultimate (🌝) goal is to create a buy/sell indicator which incorporates multiple indicators into one.
Hope this helps and feedback is always very welcome!