Alligator strategy and SMA

Alligator indicator was introduced by Bill Williams in 1995. It consists of three lines overlaid on the price chart representing the jaw, teeth and lips of the beast, and is designed to help the dealer to confirm the presence of a trend. Alligator indicator can also help traders to determine impulse and corrective formations.

Required settings indicators:

1) The alligator's jaw is "Blue Line":
13-period moving average, moved into the future by 8 bars;
2) gator teeth are "red line":
8-period moving average, moved by 5 bars into the future;
3) the alligator's mouth are "Green Line"
5-period moving average, moved by 3 bars into the future.

The strategy includes the 144 period simple moving average (144 SMA)

Time frame: 15 minutes and wider
Currency Pairs: Any

Trading Rules

Rules for purchase

1. The price is above the SMA144 (bullish trend established)
2. Alligator- green line crosses below the red and blue line
3. Alligator red line crosses below the blue line
4. Place the stop-loss na 1 pip below the SMA144
5. Close the position when the green line crosses the red line back (short-term bearish signal).

Rules for sale

1. Price below SMA144 (established bearish trend)
2. Alligator- green line crosses the red and blue top
3. Alligator- red line crosses the blue line top
4. Place the stop-Loss 1 pip above the SMA144
5. Close the position when the green line crosses the red line back (short-term bullish signal).