I now added "early" Signals, which are actually closer to the intended use of the Williams Alligator. They show once the first candle completely closes above/below both the jaw and the lips. During a continuous trend the early signals can show multiple times, once an opposite "early" signal shows.
Additionally, I added a 200 SMA for further guidance.
My ultimate (🌝) goal is to create a buy/sell indicator which incorporates multiple indicators into one.
Hope this helps and feedback is always very welcome!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.