Quote:
Originally Posted by mike1349
Dear Akram,
I installed Aligator indicatore in my platform.Would you please explain when 3 lines cross we action or even when 2 lines crosses we sell or buy.
I am a little bit confused.
Thanks
Mike
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ok mike
the aligator indicatore is having 3 lines which are like the MA'S.We r not concerning about the alligatore to start our action based on them like to buy or sell.but what we do is we follow the Psar when they form a new dot on the opps. direction we start our action wheather to buy or sell depends on the dot where they formed.
What the alligatore do is that the moment this dot appear they form a uturn (up or down depends on the market) and they do one of 2 things
1- they eather go into the direction of the dots (without touching each otheres) forming a trend and that tells u that u have to keep your postion opened to take the max profit
2-they touches each others (the aligator is sleeping and is not hungry any more) so we find the market goes sideways which means that we will never get any profit so we better stay out of the marekt or close our postions.
u can watch them in your platform to feel them more and more
I hope that u now understand my point if not please feel free to ask and i will do my best to help u
Dale i think monday is the worst day durning the week i am fade up with the loss i am having they r not alot but they r really upsetting me i know i should have more patience that what i have.
Regards,
Akram