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Alligator Trading System
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Views:
3379 |
| Added: November 09, 2006 |
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| 1 ratings |
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| Tags:
MetaStock, system
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Thanks for the codes Gary. Even though I didn't ask for them I decided to take
a look. Heck I'm even downloading the Investor's Dream Demo so that I can see
how they are used.
I've read, in this group, opinions of Bill Williams that vary from genius to
fruitcake. That being said, I quickly coded this simple ,but promising, system
using only a few of the indicators posted.
I tested this on several different stocks and it shows potential. I really
haven't spent too much time on it yet so I'm not yet sure of the significance
of the other indicators. The above was just what I could throw together based
upon what my eyes on the chart with the indicators showed me.
Anyone want to work on this one?
Good trading
Jeff
Code:
Chaos Green BL
{Alligator Green Balance Line - Lip}
{5 bar smoothed average offset 3 bars}
Ref(Wilders(MP(),5),-3);
Chaos Blue BL
{Alligator Blue Balance Line - Jaw}
{13 bar smoothed average offset 8 bars}
Ref(Wilders(MP(),13),-8);
Alligator Trading System
Enter Long:
Cross(C,Fml("Chaos Green BL")) AND
Fml("Chaos Green BL") > Fml("Chaos Blue BL")
Close Long:
Cross(Fml("Chaos Green BL"),C) AND
Fml("Chaos Blue BL") > Fml("Chaos Green BL")
Code to difficult? Find somebody to help you with coding here.
Author: Jeff
Source: purebytes.com/archives/metastock/
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