The Flat Alligator Forex Trading Strategy

The flat alligator foreign exchange trading strategy is as easy as it can be utilized by newbies and pro forex traders alike. Utilize it for scalping, day exchanging and swing exchanging on all currency pairs.

Features

1. Alligator and flat indicator.ex4 with default settings are the only two MetaTrader 4 indicators utilized in this trading strategy.
2. The recommended time frame is one minute, five minute, fifteen minutes, thirty minutes, one hour or four hours.
3. The technique can be utilized in all trading sessions.
4. It can be utilized on all currency pairs.

Purchase Instance Trade

Purchase Entry Rules

Initiate a purchase entry when the following rules are observed:

1. If the Alligator’s 5SMA (green) bypasses on the 8SMA (red) borderline, and at the same period the bypass of both moving averages bypasses on the 13SMA (blue) upwards, it indicates a bullish market.
2. The Flat Indicator provides a very clear alert, in which a matching Sky Blue candlestick creates within its indicator window supports the bullish position i.e. a bulls market is created.

For the stop-loss of the purchase entry, begin stop-loss y positioning ten to thirty five pips beneath entry price.

Take-Gain for Purchase Entry

Initiate a take-gain or an exit if the following conditions are observed:

1. When the green 5SMA borderline of the Alligator indicator bypasses the red 8SMA borderline downward, it indicates the trend is about to change and an exit or take-gain is recommended.
2. Black candlesticks within the Flat indicator window provides decreased volatility i.e. the market is range bouncing, indicting price is about to take on a new movement. It is crucial to exit or take-gains on open placement(s).

Auction Entry Rules

Initiate an auction entry when the following rules are observed:

1. If the Alligator’s 5SMA (green) bypasses on the 8SMA (red) borderline, and at the same period the bypass of both moving averages bypasses on the 13SMA (blue) downwards, it denotes a bearish position.
2. If the Flat Indicator creates red candlesticks within its indicator window, it is an indication that price pressures predict the downside i.e. an auction entry.

For the stop-loss of the auction entry, begin the stop-loss by positioning ten to thirty five pips on top of the entry price.

Take-Gain for the Auction Entry

Initiate a take-gain or an exit if the following conditions are observed:

1. If the green 5SMA borderline of the Alligator indicator bypasses the red 8SMA borderline upwards, it is a sign that the recent trend is fading out and a change is imminent.
2. If black candlesticks create within the Flat Indicator window, it indicates a calm market period i.e. low volume, making way for break in any movement. At this moment, an exit or take-gain is recommended.

Utilize this strategy at your own risk. WindsorForex.com cannot be responsible for any losses associated with utilizing any strategy presented on the site. It’s not recommended to utilize this strategy on the real account without testing it on demo first.