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Old 05-15-2007, 02:13 PM
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EA based on Alligator Indicator

Hi Dear "Expert" Friends,

I just want to share my idea. I'm quiet new in this matter, could you please let me know the most simple way in making EA based on alligator indicator. My idea is, for example: lips 5 (blue), teeth 34 (yellow), and jaws 89 (red), all 0 shift, linear weighted method, and based on close.

1. When blue going down and crossing yellow, then OrderSell and it will be closed when blue crossing up red. But simultanously,
2. When blue going up and crossing yellow, it will OrderBuy and be closed when blue crossing down red.

It should be able to be adjusted according to chart time frame, all currency pair, there must be to have StopLoss and/or TakeProfit setting, but it could be ignored especially for some currency pair.

I really hope that this idea can accomodate your ideas as well.

Thanks for your help and attention to my idea.
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