OPEN-SOURCE SCRIPT
Williams Alligator
Sleeping: When the three lines are intertwined, the market is range-bound (the Alligator is sleeping). Avoid trading.
Eating: When the Green line (Lips) crosses out of the Red (Teeth) and Blue (Jaw) lines, the trend is beginning.
Open Mouth: If Green > Red > Blue, it is an Uptrend. If Blue > Red > Green, it is a Downtrend.
Eating: When the Green line (Lips) crosses out of the Red (Teeth) and Blue (Jaw) lines, the trend is beginning.
Open Mouth: If Green > Red > Blue, it is an Uptrend. If Blue > Red > Green, it is a Downtrend.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.