the_batman

True Williams Alligator (SMMA)

The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator.

The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different conclusions. Hence the need for this, a true and exact implementation of "The Mighty Alligator" ( Bill Williams , Trading Chaos 1, New Trading Dimensions, Trading Chaos 2).

Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
סקריפט קוד פתוח

ברוח TradingView אמיתית, מחבר סקריפט זה פרסם אותו עם קוד פתוח, כך שסוחרים יוכלו להבין ולאמת זאת. הידד למחבר! אתה יכול להשתמש בו בחינם, אך שימוש חוזר בקוד זה בפרסום הנו בכפוף ל כללי הבית . אתה יכול להגדירו כמועדף ולהשתמש בו בגרף.

רוצה להשתמש בסקריפ זה בגרף?
study("True Williams Alligator (SMMA)", overlay=true)
smma(src, length) =>
    smma = na(smma[1]) ? sma(src, length) : (smma[1] * (length - 1) + src) / length
    smma
jawLength = input(13, "Jaw Length")
teethLength = input(8, "Teeth Length")
lipsLength = input(5, "Lips Length")
jawOffset = input(8, "Jaw Offset")
teethOffset = input(5, "Teeth Offset")
lipsOffset = input(3, "Lips Offset")
jaw = smma(hl2, jawLength)
teeth = smma(hl2, teethLength)
lips = smma(hl2, lipsLength)
plot(jaw, "Jaw", blue, offset=jawOffset)
plot(teeth, "Teeth", red, offset=teethOffset)
plot(lips, "Lips", green, offset=lipsOffset)

תגובות

wow cool to know about this im a big bill williams fan. i finally became confident and consistenly profitable and started trading full time
100‎מטבעות
השב
how does this help with EW?
+10 השב
Hi

1) Can this be used with Crypto Trading ?
2) Can the offset to changed to 0 as then it is more accurate on 1hr chart?
+3 השב
iDS7 GarethSA
@GarethSA, Absolutely it can be used for any trading. Offset it how you like, howevre the purpose of the alligator is quite deep and you may want to look into it a bit.
השב
Hi

1) Can this be used with Crypto Trading ?
2) Can the offset to changed to 0 as then it is more accurate on 1hr chart?
+1 השב
thanks for putting this together man, amazing, loving that youre into ew, all my buddies think im insane...maybe a bt =0) thanks again
השב
Overlayed this Indicator with the built In Alligator on my chart & they seem to come up identical.
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Doppelkeks Andydray
@Andydray, Yes, must be a hoax.
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thank you.
השב
Is that super smoothed?
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