Alligator Forex Indicator
Alligator Forex Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to the Williams Alligator. Its source code uses moving averages. It has 6 settings, for example Jaws Period (default 13), Jaws Shift (default 8) and Teeth Period (default 8). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Alligator Forex Indicator
Alligator Forex Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 6 settings, such as Jaws period, Jaws shift and Teeth period. MQL source code included.
Files in the download: Alligator.ex4, Alligator.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Jaws period | 13 | Jaws Period |
| Jaws shift | 8 | Jaws Shift |
| Teeth period | 8 | Teeth Period |
| Teeth shift | 5 | Teeth Shift |
| Lips period | 5 | Lips Period |
| Lips shift | 3 | Lips Shift |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Moving Average · MT4 Indicator · MQL4 Source Code