Alligator with MA strategy is a very simple trading system trend following that works on the all time frame. This strategy is based on the Alligator (Bill Williams indicator) and slow Moving Average.
The key of this strategy is choice the pairs in trend this is very important. Trades only in the direction of the main trend. Find the main trend for scalping or day trading on h1 time frame.
Time Frame 1 min or higher.
Currency pairs for day trading and scalping majors with low spreads.
Trading Sessions: London and New York.
Forex Indicators:
Alligator ( 13, 8, 5 – shift 2-2-3),
Moving average 50 period, close.
Trading rules Alligator with MA
Buy
When the all lines of alligator crosses upward the MA 50, place a buy order at the opening of the next bar.
Place initial stop loss at previous swing low.
Profit Target depends by time frame and pairs. Max ratio stop loss 1:10
Sell
When the all lines of alligator crosses downward the MA 50, place a sell order at the opening of the next bar.
Place initial stop loss at previous swing high.
Profit Target depends by time frame and pairs. Max ratio stop loss 1:10.
It is recommended to use this strategy for scalping and day trading.
This strategy can be applied at the Binary Options high/low with expiry time 15 candles.
In the charts below trading examples.
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