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First of all, you must have the following trading platform functionality: This trading system was tested on the platform from the Binomo company, a licensed, advanced participant in the financial market, providing its clients with high-tech options trading services: If the indicator's moving averages intersect with the reverse direction before the price returns to the red Alligator moving average, we do not conclude a transaction, and we wait for a new trading signal.
The duration of transactions should be set within minutes, which will bring a profit for the largest possible number of open contracts. The size of the trading bet is set depending on the available amount of working capital according to the rules of money management.
This way, you can avoid deep drawdown in your account when you receive unprofitable transactions and you can steadily increase your capital by gaining profitable contracts. So first we will apply the Alligator indicator to the quote chart with a 1-minute timeframe and configure the following settings: Jaws - period 13 Teeth - period 8 Lips - period 5 Shift value is set to 0 Put a check on the function to show fractals The customized Alligator will now appear on the chart in the following format: The lines of the indicator converge into a bundle and intersect in a downward direction.
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