{"id":10946,"date":"2023-05-06T21:37:54","date_gmt":"2023-05-06T14:37:54","guid":{"rendered":"https:\/\/eaforexcenter.com\/product\/alligator-ea-forex\/"},"modified":"2026-01-12T16:21:08","modified_gmt":"2026-01-12T09:21:08","slug":"alligator-ea-forex","status":"publish","type":"product","link":"https:\/\/eaforexcenter.com\/en\/product\/alligator-ea-forex\/","title":{"rendered":"Alligator EA Forex"},"content":{"rendered":"<h1><span style=\"color: #000000;\"><strong>What is Alligator EA Forex<\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">Alligator EA Forex is an EA that transforms the Alligator indicator into an automated trading system. It enters orders in the traditional way but modifies the exit strategy using Stop Loss (SL) and Take Profit (TP)<\/span><\/p>\n<h2><span style=\"color: #000000;\"><strong>Backtest results<\/strong><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td colspan=\"4\" width=\"601\">\n<p style=\"text-align: center;\"><span style=\"color: #00a859; font-size: 115%;\"><strong>Table of <\/strong><strong>Backtest System Setup<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Item<\/strong><\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\"><strong>Details<\/strong><\/span><\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\"><strong>Item<\/strong><\/span><\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Details<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Model Quality<\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Tick data (99.90%)<\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Leverage<\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">1:500<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Spread<\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Variable<\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">Optimize Slippage<\/span><\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">Use<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">Market delay<\/span><\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">30-40 ms<\/span><\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">Pending delay<\/span><\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">30-40 ms<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" width=\"601\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><em><strong>Maximum successful backtest period is 3 years<\/strong><\/em><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" width=\"601\">\n<p style=\"text-align: center;\"><span style=\"color: #00a859; font-size: 115%;\"><strong>Interesting Parameters<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Parameters<\/strong><\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Variable value<\/strong><\/span><\/p>\n<\/td>\n<td colspan=\"2\" width=\"301\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Interpretation<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Profit factor<\/span><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">2.05<\/span><\/td>\n<td style=\"text-align: center;\" colspan=\"2\" width=\"301\"><span style=\"color: #000000;\">Medium<\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Profit\/year<\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">570%<\/span><\/p>\n<\/td>\n<td colspan=\"2\" width=\"301\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Medium<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Max %DD<\/span><\/p>\n<\/td>\n<td width=\"150\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">55.14%<\/span><\/p>\n<\/td>\n<td colspan=\"2\" width=\"301\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">High<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">Relative %DD<\/span><\/td>\n<td style=\"text-align: center;\" width=\"150\"><span style=\"color: #000000;\">74.80%<\/span><\/td>\n<td colspan=\"2\" width=\"301\">\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Very high<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><span style=\"color: #000000;\"><em>Overall, this is a high-risk EA with potential for high returns. Suitable for investors with very patient capital who can accept high risk levels.<\/em><\/span><\/p><\/blockquote>\n<div class=\"accordion\">\n\t<div id=\"accordion-622069088\" class=\"accordion-item\">\n\t\t<a id=\"accordion-622069088-label\" class=\"accordion-title plain\" href=\"#accordion-item-backtest-results-images\" aria-expanded=\"false\" aria-controls=\"accordion-622069088-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Backtest Results Images<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-622069088-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-622069088-label\">\n\t\t\t\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1965338280\">\n\t\t\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img decoding=\"async\" width=\"1020\" height=\"681\" src=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/\u0e23\u0e39\u0e1b\u0e17\u0e35\u0e48-5-\u0e1c\u0e25\u0e01\u0e32\u0e23-Backtest-EA-Forex-\u0e19\u0e32\u0e21\u0e27\u0e48\u0e32-Alligator-\u0e08\u0e49\u0e32-1024x684.webp\" class=\"attachment-large size-large\" alt=\"Alligator EA Backtest\" srcset=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/\u0e23\u0e39\u0e1b\u0e17\u0e35\u0e48-5-\u0e1c\u0e25\u0e01\u0e32\u0e23-Backtest-EA-Forex-\u0e19\u0e32\u0e21\u0e27\u0e48\u0e32-Alligator-\u0e08\u0e49\u0e32-1024x684.webp 1024w, https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/\u0e23\u0e39\u0e1b\u0e17\u0e35\u0e48-5-\u0e1c\u0e25\u0e01\u0e32\u0e23-Backtest-EA-Forex-\u0e19\u0e32\u0e21\u0e27\u0e48\u0e32-Alligator-\u0e08\u0e49\u0e32-600x400.webp 600w, https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/\u0e23\u0e39\u0e1b\u0e17\u0e35\u0e48-5-\u0e1c\u0e25\u0e01\u0e32\u0e23-Backtest-EA-Forex-\u0e19\u0e32\u0e21\u0e27\u0e48\u0e32-Alligator-\u0e08\u0e49\u0e32-768x513.webp 768w, https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/\u0e23\u0e39\u0e1b\u0e17\u0e35\u0e48-5-\u0e1c\u0e25\u0e01\u0e32\u0e23-Backtest-EA-Forex-\u0e19\u0e32\u0e21\u0e27\u0e48\u0e32-Alligator-\u0e08\u0e49\u0e32-1536x1025.webp 1536w, https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/\u0e23\u0e39\u0e1b\u0e17\u0e35\u0e48-5-\u0e1c\u0e25\u0e01\u0e32\u0e23-Backtest-EA-Forex-\u0e19\u0e32\u0e21\u0e27\u0e48\u0e32-Alligator-\u0e08\u0e49\u0e32.webp 1618w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n<style>\n#image_1965338280 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-1501599285\" class=\"accordion-item\">\n\t\t<a id=\"accordion-1501599285-label\" class=\"accordion-title plain\" href=\"#accordion-item-myfxbook-analysis-results\" aria-expanded=\"false\" aria-controls=\"accordion-1501599285-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Myfxbook Analysis Results<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-1501599285-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-1501599285-label\">\n\t\t\t\n<p>Coming Soon&#8230;<\/p>\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-2086234350\" class=\"accordion-item\">\n\t\t<a id=\"accordion-2086234350-label\" class=\"accordion-title plain\" href=\"#accordion-item-monte-carlo-simulation-analysis-results\" aria-expanded=\"false\" aria-controls=\"accordion-2086234350-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Monte Carlo Simulation Analysis Results<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-2086234350-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-2086234350-label\">\n\t\t\t\n<p>Coming Soon&#8230;<\/p>\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-3164703610\" class=\"accordion-item\">\n\t\t<a id=\"accordion-3164703610-label\" class=\"accordion-title plain\" href=\"#accordion-item-interesting-features\" aria-expanded=\"false\" aria-controls=\"accordion-3164703610-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Interesting Features<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-3164703610-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-3164703610-label\">\n\t\t\t\n<ul>\n<li>Alligator modifying<\/li>\n<li>Martingale lot size<\/li>\n<li>TP and SL setting<\/li>\n<\/ul>\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-3931964245\" class=\"accordion-item\">\n\t\t<a id=\"accordion-3931964245-label\" class=\"accordion-title plain\" href=\"#accordion-item-ea-requirements\" aria-expanded=\"false\" aria-controls=\"accordion-3931964245-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>EA Requirements<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-3931964245-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-3931964245-label\">\n\t\t\t\n<ul>\n<li>Currency = USD\/JPY<\/li>\n<li>Time Frame = H1<\/li>\n<li>Capital = $1,000<\/li>\n<li>Broker = Compatible with all brokers<\/li>\n<\/ul>\n<a href=\"https:\/\/eaforexcenter.com\/broker-review\/\" class=\"button success is-shade box-shadow-3 box-shadow-5-hover\" style=\"border-radius:5px;\">\n\t\t<span>Click to select your preferred broker<\/span>\n\t<\/a>\n\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-977354213\" class=\"accordion-item\">\n\t\t<a id=\"accordion-977354213-label\" class=\"accordion-title plain\" href=\"#accordion-item-alligator-ea-forex-settings\" aria-expanded=\"false\" aria-controls=\"accordion-977354213-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Alligator EA Forex Settings<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-977354213-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-977354213-label\">\n\t\t\t\n<ul>\n<li>Jaws period = 13<\/li>\n<li>Jaw shift = 8<\/li>\n<li>Teeth period = 8<\/li>\n<li>Teeth shift = 5<\/li>\n<li>Lip period = 5<\/li>\n<li>Lip shift = 3<\/li>\n<li>Initial Lot = 0.01<\/li>\n<li>SL = 30<\/li>\n<li>TP = 60<\/li>\n<\/ul>\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-741746815\" class=\"accordion-item\">\n\t\t<a id=\"accordion-741746815-label\" class=\"accordion-title plain\" href=\"#accordion-item-understanding-the-alligator-indicator\" aria-expanded=\"false\" aria-controls=\"accordion-741746815-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Understanding the Alligator Indicator<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-741746815-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-741746815-label\">\n\t\t\t\n<h2><strong>What is the Alligator Indicator<\/strong><\/h2>\n<p>The Alligator Indicator was developed over 50 years ago by Bill Williams, a renowned Forex analyst and trader. This indicator is highly popular due to its ease of use and accuracy in generating trading signals.<\/p>\n<p><strong>Alligator Indicator <\/strong><strong>is a <\/strong><strong>trend indicator, ideal for trend followers<\/strong>. This means the indicator <strong>isn&#8217;t particularly suitable for markets or currency pairs that are typically in <\/strong><strong>sideways movement<\/strong>, though its effectiveness ultimately depends on how it&#8217;s applied.<\/p>\n<p>The Alligator Indicator concept is based on the alligator&#8217;s anatomy, <strong>comparing different parts of the <\/strong>Alligator <strong>such as the jaw<\/strong> (Jaw), <strong>teeth<\/strong> (Teeth), and <strong>lips<\/strong> (Lips) as follows:<\/p>\n<figure id=\"attachment_5004\" aria-describedby=\"caption-attachment-5004\" style=\"width: 1616px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-1-%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B8%AB%E0%B8%A1%E0%B8%B2%E0%B8%A2%E0%B8%82%E0%B8%AD%E0%B8%87%E0%B9%80%E0%B8%AA%E0%B9%89%E0%B8%99%E0%B8%81%E0%B8%A3%E0%B8%B2%E0%B8%9F%E0%B9%81%E0%B8%95%E0%B9%88%E0%B8%A5%E0%B8%B0%E0%B9%80%E0%B8%AA%E0%B9%89%E0%B8%99%E0%B8%82%E0%B8%AD%E0%B8%87-Alligator-Indicator.webp\"><img decoding=\"async\" class=\"size-full wp-image-5004\" src=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-1-%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B8%AB%E0%B8%A1%E0%B8%B2%E0%B8%A2%E0%B8%82%E0%B8%AD%E0%B8%87%E0%B9%80%E0%B8%AA%E0%B9%89%E0%B8%99%E0%B8%81%E0%B8%A3%E0%B8%B2%E0%B8%9F%E0%B9%81%E0%B8%95%E0%B9%88%E0%B8%A5%E0%B8%B0%E0%B9%80%E0%B8%AA%E0%B9%89%E0%B8%99%E0%B8%82%E0%B8%AD%E0%B8%87-Alligator-Indicator.webp\" alt=\"Alligator Indicator Forex\" width=\"1616\" height=\"922\"><\/a><figcaption id=\"caption-attachment-5004\" class=\"wp-caption-text\"><strong>Figure 1<\/strong> Meaning of each line in the Alligator Indicator<\/figcaption><\/figure>\n<ul>\n<li>Alligator Jaw (blue line) \u2013 Starts with 13 bars of Simple Moving Average smoothed with 8 bars<\/li>\n<li>Alligator Teeth (red line) \u2013 Starts with 8 bars of SMA smoothed with 5 bars<\/li>\n<li>Alligator Lips (green line) \u2013 Starts with 5 bars of SMA smoothed with 3 candlesticks<\/li>\n<\/ul>\n<h2><strong>How the Alligator indicator works<\/strong><\/h2>\n<p>The Alligator indicator is relatively easy to use compared to other indicators. It&#8217;s similar to a 3-line EMA system and comes built-in with Meta Trader 4 (MT4).<\/p>\n<figure id=\"attachment_5005\" aria-describedby=\"caption-attachment-5005\" style=\"width: 1616px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-2-Alligator-indicator-%E0%B8%97%E0%B8%B5%E0%B9%88%E0%B8%95%E0%B8%B4%E0%B8%94%E0%B8%A1%E0%B8%B2%E0%B8%81%E0%B8%B1%E0%B8%9A%E0%B8%95%E0%B8%B1%E0%B8%A7%E0%B9%82%E0%B8%9B%E0%B8%A3%E0%B9%81%E0%B8%81%E0%B8%A3%E0%B8%A1Meta-Trader-4-MT4.webp\"><img decoding=\"async\" class=\"size-full wp-image-5005\" src=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-2-Alligator-indicator-%E0%B8%97%E0%B8%B5%E0%B9%88%E0%B8%95%E0%B8%B4%E0%B8%94%E0%B8%A1%E0%B8%B2%E0%B8%81%E0%B8%B1%E0%B8%9A%E0%B8%95%E0%B8%B1%E0%B8%A7%E0%B9%82%E0%B8%9B%E0%B8%A3%E0%B9%81%E0%B8%81%E0%B8%A3%E0%B8%A1Meta-Trader-4-MT4.webp\" alt=\"Alligator MT4\" width=\"1616\" height=\"920\"><\/a><figcaption id=\"caption-attachment-5005\" class=\"wp-caption-text\"><strong>Figure 2<\/strong> Alligator indicator built into Meta Trader 4 (MT4)<\/figcaption><\/figure>\n<p>There are two main methods of using this indicator:<\/p>\n<ol>\n<li><span style=\"color: #00a859;\"><em><strong>Buy order entry and exit points<\/strong><\/em><\/span><\/li>\n<\/ol>\n<figure id=\"attachment_5006\" aria-describedby=\"caption-attachment-5006\" style=\"width: 1616px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-3-%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%81%E0%B8%B2%E0%B8%A3%E0%B9%80%E0%B8%82%E0%B9%89%E0%B8%B2%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C-Buy-%E0%B9%81%E0%B8%A5%E0%B8%B0%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%AD%E0%B8%AD%E0%B8%81%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C%E0%B8%82%E0%B8%AD%E0%B8%87-Alligator-indicator.webp\"><img decoding=\"async\" class=\"size-full wp-image-5006\" src=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-3-%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%81%E0%B8%B2%E0%B8%A3%E0%B9%80%E0%B8%82%E0%B9%89%E0%B8%B2%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C-Buy-%E0%B9%81%E0%B8%A5%E0%B8%B0%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%AD%E0%B8%AD%E0%B8%81%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C%E0%B8%82%E0%B8%AD%E0%B8%87-Alligator-indicator.webp\" alt=\"Alligator Strategy\" width=\"1616\" height=\"776\"><\/a><figcaption id=\"caption-attachment-5006\" class=\"wp-caption-text\"><strong>Figure 3<\/strong> Buy order entry and exit points using the Alligator indicator<\/figcaption><\/figure>\n<p>Watch the three lines. For Buy orders, when the green line crosses above both the red and blue lines as shown at point 1, enter a Buy order. Exit the order when the green line crosses back as shown at point 2.<\/p>\n<ol start=\"2\">\n<li><span style=\"color: #00a859;\"><em><strong>Sell order entry and exit points<\/strong><\/em><\/span><\/li>\n<\/ol>\n<figure id=\"attachment_5007\" aria-describedby=\"caption-attachment-5007\" style=\"width: 1616px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-4-%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%81%E0%B8%B2%E0%B8%A3%E0%B9%80%E0%B8%82%E0%B9%89%E0%B8%B2%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C-Sell-%E0%B9%81%E0%B8%A5%E0%B8%B0%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%AD%E0%B8%AD%E0%B8%81%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C%E0%B8%82%E0%B8%AD%E0%B8%87-Alligator-indicator.webp\"><img decoding=\"async\" class=\"size-full wp-image-5007\" src=\"https:\/\/eaforexcenter.com\/wp-content\/uploads\/2023\/05\/%E0%B8%A3%E0%B8%B9%E0%B8%9B%E0%B8%97%E0%B8%B5%E0%B9%88-4-%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%81%E0%B8%B2%E0%B8%A3%E0%B9%80%E0%B8%82%E0%B9%89%E0%B8%B2%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C-Sell-%E0%B9%81%E0%B8%A5%E0%B8%B0%E0%B8%88%E0%B8%B8%E0%B8%94%E0%B8%AD%E0%B8%AD%E0%B8%81%E0%B8%AD%E0%B8%AD%E0%B9%80%E0%B8%94%E0%B8%AD%E0%B8%A3%E0%B9%8C%E0%B8%82%E0%B8%AD%E0%B8%87-Alligator-indicator.webp\" alt=\"Alligator Trade\" width=\"1616\" height=\"774\"><\/a><figcaption id=\"caption-attachment-5007\" class=\"wp-caption-text\"><strong>Figure 4<\/strong> Sell order entry and exit points using the Alligator indicator<\/figcaption><\/figure>\n<p>For Sell orders, it&#8217;s the opposite of Buy orders. Watch the three lines &#8211; when the green line crosses below both the red and blue lines as shown at point 1, enter a Sell order. Exit when the green line crosses back as shown at point 2.<\/p>\n<h2><strong>Conclusion<\/strong><\/h2>\n<p>Alligator EA Forex is an EA that transforms this clever indicator into a Robot for 24\/7 Forex trading&#8230; This EA is suitable for trending currency pairs and should not be used with sideways-moving pairs&#8230; <\/p>\n<p>However, traders should thoroughly understand its operation before use to manage their risk effectively.<\/p>\n\t\t<\/div>\n\t<\/div>\n\t\n\t<div id=\"accordion-3853229583\" class=\"accordion-item\">\n\t\t<a id=\"accordion-3853229583-label\" class=\"accordion-title plain\" href=\"#accordion-item-watch-ea-operation-video\" aria-expanded=\"false\" aria-controls=\"accordion-3853229583-content\">\n\t\t\t<button class=\"toggle\" aria-label=\"Toggle\"><i class=\"icon-angle-down\" aria-hidden=\"true\"><\/i><\/button>\n\t\t\t<span>Watch EA operation video<\/span>\n\t\t<\/a>\n\t\t<div id=\"accordion-3853229583-content\" class=\"accordion-inner\" aria-labelledby=\"accordion-3853229583-label\">\n\t\t\t\n<div class=\"video video-fit mb\" style=\"padding-top:56.25%;\"><p><iframe title=\"\u0e2a\u0e2d\u0e19\u0e40\u0e17\u0e23\u0e14\u0e23\u0e30\u0e1a\u0e1a alligator \u0e01\u0e33\u0e44\u0e23\u0e42\u0e2b\u0e14\u0e1b\u0e35\u0e25\u0e30 560\u0e40\u0e1b\u0e2d\u0e23\u0e4c\u0e40\u0e0b\u0e47\u0e19\u0e15\u0e4c\" width=\"1020\" height=\"574\" src=\"https:\/\/www.youtube.com\/embed\/xVV_TqTHbgI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n<\/div>\n<div class=\"row\"  id=\"row-525372030\">\n\n\t<div id=\"col-866616714\" class=\"col medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n<a href=\"https:\/\/eaforexcenter.com\/en\/steps-to-request-free-ea-service\/\" class=\"button success is-shade box-shadow-3 box-shadow-5-hover expand\" style=\"border-radius:5px;\">\n\t<i class=\"icon-gift\" aria-hidden=\"true\"><\/i>\t<span>Get Free EA Trial Now<\/span>\n\t<\/a>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1543187059\" class=\"col medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n<a href=\"https:\/\/shopee.co.th\/Alligator-EA-Forex-USD-JPY-i.1063730108.23654168065?xptdk=a8c6655a-27b3-46ff-92fc-cdbe64ecaf67\" class=\"button secondary is-shade box-shadow-3 box-shadow-5-hover expand\" style=\"border-radius:5px;\">\n\t<i class=\"icon-shopping-bag\" aria-hidden=\"true\"><\/i>\t<span>Buy on Shopee<\/span>\n\t<\/a>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1892714208\" class=\"col medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n<a href=\"https:\/\/www.facebook.com\/eaforexcenters\" class=\"button success is-shade box-shadow-3 box-shadow-5-hover expand\" style=\"border-radius:5px;\">\n\t<i class=\"icon-facebook\" aria-hidden=\"true\"><\/i>\t<span>Buy on Facebook<\/span>\n\t<\/a>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n","protected":false},"excerpt":{"rendered":"<h3><span style=\"font-size: 100%;\"><strong>Features<\/strong><\/span><\/h3>\n<ul>\n<li><span style=\"font-size: 100%;\">Alligator modifying<\/span><\/li>\n<li><span style=\"font-size: 100%;\">Martingale lot size<\/span><\/li>\n<li><span style=\"font-size: 100%;\">TP and SL setting<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-size: 100%;\"><strong>Requirements<\/strong><\/span><\/h3>\n<ul>\n<li><span style=\"font-size: 100%;\">Currency = USD\/JPY<\/span><\/li>\n<li><span style=\"font-size: 100%;\">Time Frame = H1<\/span><\/li>\n<li><span style=\"font-size: 100%;\">Capital = $1,000 OR 10,000 Cent<\/span><\/li>\n<\/ul>\n","protected":false},"featured_media":4108,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false},"product_brand":[],"product_cat":[155,157],"product_tag":[],"class_list":{"0":"post-10946","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ea-forex","7":"product_cat-martingale","9":"first","10":"instock","11":"shipping-taxable","12":"product-type-external"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alligator EA Forex - EaForexCenter<\/title>\n<meta name=\"description\" content=\"Alligator EA Forex is an EA that takes the popular Alligator indicator and develops it into an automated trading system. 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