// Downloaded From https://www.WiseStockTrader.com /* Bill William's Alligator System II Reference Website: ================== http://www.alpari-idc.com/en/market-analysis-guide/chaos-theory/alligator-and-gator.html Modified from original formula by Steve Wiser - slwiserr@erols.com Modified by TohMz on June 9th, 2008 */ SetChartOptions( 0, chartShowArrows|chartShowDates ); _SECTION_BEGIN("Price Chart"); _N(Title = StrFormat("{{NAME}}- {{INTERVAL}} {{DATE}} O= %g, H= %g, L= %g, C= %g (%.1f%%) V= " +WriteVal( V, 1.0 ) +"\n{{VALUES}}", O, H, L, C, SelectedValue(ROC( C, 1 )) )); PriceStyle = GetPriceStyle(); PriceStyleOpt = ParamStyle("Price Style")|PriceStyle; if (PriceStyle==styleCandle) Plot( C, "", colorBlack, PriceStyleOpt); else Plot( C, "", IIf( Close >= Ref(C, -1), colorBlue, colorRed ), PriceStyleOpt); _SECTION_END(); _SECTION_BEGIN("BW Alligator"); /*** The trend indicators ***/ P= ParamList("Price", "Close|(H+L)/2|(H+C+L)/3",1); if (P=="Close") A = C; else if (P=="(H+C+L)/3") A = (H+C+L)/3; else A = (H+L)/2; AlligatorJaw = Ref(Wilders(A,13),-8); AlligatorTeeth = Ref(Wilders(A,8), -5); AlligatorLips = Ref(Wilders(A,5), -3); Plot(AlligatorJaw, "Jaw", ParamColor("Jaw's Color",colorBlue), ParamStyle("Jaw's Style", styleThick)); Plot(AlligatorTeeth,"Teeth", ParamColor("Teeth's Color",colorRed), ParamStyle("Teeth's Style", styleThick)); Plot(AlligatorLips, "Lips", ParamColor("Lips's Color",colorGreen), ParamStyle("Lips's Style", styleThick)); _SECTION_END(); _SECTION_BEGIN("BW Fractal"); UpFractal= ValueWhen( (Ref(H,-2) > Ref(H, -4)) AND (Ref(H,-2) > Ref(H, -3)) AND (Ref(H,-2) > Ref(H, -1)) AND (Ref(H,-2) > H), Ref(H,-2)); DownFractal= ValueWhen( (Ref(L,-2) <= Ref(L, -4)) AND (Ref(L,-2) <= Ref(L, -3)) AND (Ref(L,-2) <= Ref(L, -1)) AND (Ref(L,-2) <= L), Ref(L,-2)); //== Added Crash crashandburn59 [at] hotmail.com solution Plot(Ref(UpFractal,2), "Up Fractal", ParamColor("Up Fractal Color",colorRed),ParamStyle("Up Fractal Style", styleDashed)); Plot(Ref(DownFractal,2), "Down Fractal",ParamColor("Down Fractal Color",colorBlue), ParamStyle("Down Fractal Style", styleDashed)); //Plot(Max(HHV(H,3),Ref(UpFractal,2)), "Up Fractal", ParamColor("Up Fractal Color",colorRed), ParamStyle("Up Fractal Style", styleDashed)); //Plot(Max(HHV(H,3),Ref(UpFractal,2)), "Down Fractal",ParamColor("Down Fractal Color",colorBlue), ParamStyle("Down Fractal Style", styleDashed)); _SECTION_END(); _SECTION_BEGIN("Exploration"); Inc = 0.1; //== Set the Price Range for stock to scan PriceFrom = Param("Price From:", 5, 0.1, 200, Inc); PriceTo = Param("Price To:", 100, 0.1, 200, Inc); MaxBreakOut = Param("Max Breakout (%)", 5, 1, 30); MaxBreakOut = MaxBreakOut/100; Buy = C>UpFractal AND C<=(1+MaxBreakOut)*UpFractal AND AlligatorTeeth>AlligatorJaw; Sell = C=(1-MaxBreakOut)*DownFractal AND AlligatorTeeth=PriceFrom AND C<=PriceTo) AND V>0; AddTextColumn(FullName(), "Security", 1.0, colorDefault, colorDefault, 200); AddTextColumn( WriteIf(Buy,"Buy", WriteIf(Sell, "Sell", "")), "Trade", 1.0); AddColumn( UpFractal, "Up Fratal"); AddColumn( DownFractal, "Down Fratal"); //AddColumn( MA(V,3)/EMA(V,17), "MAV(3/17)"); AddColumn( C, "Today's Close"); _SECTION_END();