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Configuring the Alligator Indicator with Volume-Adjusted Moving Averages

Article MQL5 code base

Summary

The document describes an Alligator indicator whose three lines use a volume-adjusted moving-average method. It identifies adjustable periods and shifts for the Jaws, Teeth, and Lips lines, along with the applied price used in the calculations. These settings let a user configure the lines’ averaging horizons, chart offsets, and input price within the indicator.

The description does not explain how VAMA is calculated, how volume affects the lines, or what trading rules to use when the lines cross or separate. It supplies no examples, performance results, or comparisons with a standard Alligator indicator. The indicator also depends on a separately compiled VAMA component being present in the platform’s indicator folder. As a result, the document is mainly a concise description of the tool’s configuration and prerequisite, rather than a validated trading strategy.

Key ideas

  • The indicator applies a volume-adjusted moving-average method to the Alligator lines.
  • The Jaws, Teeth, and Lips lines each have adjustable periods and shifts.
  • The applied price determines the price input for the indicator calculations.
  • The document gives no signal rules or evidence of trading performance.
  • The indicator requires a separately compiled VAMA component.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.