Williams Alligator with FLI and Supertrend

7 小時前

This indicator combines Williams Alligator with follow line indicator and Supertrend to get trend confirmation with baseline as jaw line of Williams Alligator indicator.
The Williams Alligator is a trend-following indicator developed by Bill Williams, designed to identify and confirm the market's trend direction. It consists of three smoothed moving averages that represent the jaws, teeth, and lips of an alligator, symbolizing the market's behavior.
The Follow Line Indicator is a technical analysis tool designed to help traders identify and follow the prevailing market trend. It provides clear buy or sell signals based on the direction of the trend, aiding in smoother and more informed decision-making during trades.
The Supertrend indicator is a popular trend-following technical analysis tool designed to identify the direction of the market trend and highlight potential buy or sell signals. It is commonly used to confirm market trends and help traders make decisions based on price movements relative to a defined threshold.