Home / FREE DOWNLOAD MT4 Trading Systems / Best Forex Alligator Setting and Trading Strategy

Best Forex Alligator Setting and Trading Strategy


Forex Alligator Scalping Trading System – The Alligator forex trading strategy is as simple as it can be and can be used by beginners and pro traders alike. Use it for scalping, day trading and swing trading on all currency pairs.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: M5 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, AUDUSD, and USDCAD

 

MetaTrader Trading Indicators
  • FX Alligator
  • Mandrake CCI
  • Relative Strength Index

 

BUY Rules


  • FX Alligator: Aqua line > Lime line > Red Line > Blue Line
  • Mandrake CCI: Blue bars
  • Relative Strength Index line: Upward and above the level 60

 

SELL Rules

  • FX Alligator: Aqua line < Lime line < Red Line < Blue Line
  • Mandrake CCI: Red bars
  • Relative Strength Index line: Downward and below the level 40

 

Trading NOTES
  • Put the initial stop loss above or below the previous candle
  • Risk Reward Ratio 1:2 or 1:3
  • The best time frame is H4

DOWNLOAD TRADING SYSTEM


READ  The Easiest Forex Keltner Channels RSI Trading System and Strategy (KELTNER)

Leave a Reply

Your email address will not be published. Required fields are marked *