ads Banner
Link https://www.cryptoder.com/en
Ads Banner
ForexFunction Logo

"Forex trading involves a high level of risk"

GICM Banner
 Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points
Simple forex trading strategy with Alligator indicator - Forex Function

Simple forex trading strategy with Alligator indicator

Last Update: 16 May,2015
Print PDF

Alligator indicator gives trend direction. With this trend, we will find trade setup for this strategy. This simple strategy is based on this indicator. This strategy is very easy to follow and profitable also. With low risk, we can get signal and winning ratio is also very attractive.

Required indicators:
(1) Alligator Indicator (Default setting). click here to know, how to set Alligator indicator

How to get buy signal
We will search for buy entry when price moves above alligator indicator. Then we will wait for retrace of the price. When price will touch alligator and form bullish candle, then we will get buy signal. You will get example of buy signal setup in the below chart example. Price touched yellow moving average and at the point we will take buy entry. Thus we will find buy entry until price stays above alligator

 alligator-trading-strategy

How to get Sell signal
We will search for sell entry when price falls below alligator indicator. Then we will wait for retrace of the price to move up. When price will touch alligator and form bearish candle, then we will get sell signal. You will get example of sell signal setup in the below chart example. Price touched alligator and at the point we will take sell entry. Thus we will find sell entry until price stays below alligator

forex-trading-strategy-of-alligator

Time frame: H4 is preferable.

Currency pairs: All pairs.

Take profit and Stop loss:Take profit should be 50-120 pips. When any signal hits 50 pips, then you need to move your stop loss at entry point and wait for final take profit.
Stop loss should be placed above swing high for sell signal and below swing low for buy signal.

Risk warning: Don’t use this strategy on ranging market. Avoid news time trading with this strategy. You have to follow money management theory for following this strategy. Use this strategy on demo account and then apply this on real account.


Submit Your Comments:

 Forex Trading VPS


FOREX FUNCTION MEMBERSHIP

FX PREMIUM SIGNAL & AUTOCOPY
Email & Twitter SMS Alert | Secured & Errorless Auto Copy | Support All Broker & Account Types | Premium eBooks, Analysis & Strategy | Custom Risk Management

Plan NameBuy LinkEmail AlertTwitter
SMS Alert
Signal Auto
Copier EA
Free VPS
(1-3 Months)
Monthly Target
(Minimum)
Price
(Montly)
Price
(Quarterly)
Price
(Semi-Annually )
Price
(Annually)
Setup
AUTO COPY Subscribe NowYes Yes Yes Yes*
(Min 3 Month Subscription)
500+ Pips $25 23$ 20$$15Via Live Support
SIGNAL ALERT Subscribe NowYes Yes No No 500+ Pips $14 12$ 9$$7No Need
CashBack View DetailsYes Yes Yes Yes 500+ PipsFree Free FreeFreeVia Support

FF FOREX VPS
Windows 2008/2012 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
Economy buy now2 Core 756MB 15GB 1TB $6.50/M$6.20/M$5.90/M $5.50/M MT4 Pre-InstalledYesFree
Standard buy now 2 Core 1GB 25GB 1.5TB $8.50/M$8.20/M$7.90/M $7.50/M MT4 Pre-InstalledYesFree
Premiumbuy now 2 Core 2GB 40GB 2TB $16/M$15.50/M$15/M$14.50/M MT4 Pre-InstalledYesFree
Advanced buy now4 Core 3GB 60GB 2.5TB $26/M$25/M$24/M $22/M MT4 Pre-InstalledYesFree
Professionalbuy now 4 Core 4GB 80GB 3TB $33/M $32/M$31/M$29/MMT4 Pre-InstalledYesFree
Business buy now 4 Core 6GB 100GB 4TB$46/M $45/M$44/M$42/MMT4 Pre-InstalledYesFree
Platinum buy now 4 Core 8GB 120GB 6TB $59/M $58/M$57/M$55/M MT4 Pre-InstalledYesFree
Diamond buy now 4 Core 12GB 180GB 8TB $89/M $87/M$85/M$81/MMT4 Pre-InstalledYesFree

***We accept Neteller, Skrill, MasterCard, Paypal, Payza, Perfect Money, Webmoney !