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Alligator Trading System
Re: Re:Bill Williams Indicator Encoding

. To: <metastock@xxxxxxxxxxxxx>
. Subject: Re: Re:Bill Williams Indicator Encoding
. From: "Jeff" <jcob3@xxxxxxxxxxx>
. Date: Sun, 17 Oct 1999 08:41:33 -0400
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

Thanks for the codes Gary. Even though I didn't ask for them I decided to take a look. Heck I'm even downloading the Investor's Dream Demo so that I can see how they are used.

I've read, in this group, opinions of Bill Williams that vary from genius to fruitcake. That being said, I quickly coded this simple ,but promising, system using only a few of the indicators posted.


Chaos Green BL

{Alligator Green Balance Line - Lip}
{5 bar smoothed average offset 3 bars}
Ref(Wilders(MP(),5),-3);

 


Chaos Blue BL

{Alligator Blue Balance Line - Jaw}
{13 bar smoothed average offset 8 bars}
Ref(Wilders(MP(),13),-8);

 

 

Alligator Trading System

Enter Long:

Cross(C,Fml("Chaos Green BL")) AND
Fml("Chaos Green BL") > Fml("Chaos Blue BL")


Close Long:

Cross(Fml("Chaos Green BL"),C) AND
Fml("Chaos Blue BL") > Fml("Chaos Green BL")

 

 
I tested this on several different stocks and it shows potential. I really haven't spent too much time on it yet so I'm not yet sure of the significance of the other indicators. The above was just what I could throw together based upon what my eyes on the chart with the indicators showed me.

Anyone want to work on this one?

Good trading
Jeff

[15672]

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