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Alligator Oscillator | Trama
Alligator Oscillator | Trama
The Alligator Oscillator | Trama (ATO | Trama) is a momentum-based trading indicator that utilizes Smoothed Moving Averages (SMMA) to measure market trends. Inspired by Bill Williams’ Alligator Indicator, it focuses on the relationship between the Jaw and Lips moving averages, calculating their percentage difference to identify bullish and bearish conditions.
Key Features:
✔ Jaw & Lips SMMA Calculation: Measures the spread between two smoothed moving averages.
✔ Threshold-Based Trading Signals: Identifies trend shifts using customizable long/short thresholds.
✔ Optional Smoothing: Enhances signal reliability with SMA, EMA, HMA, or RMA.
✔ Dynamic Color Modes: Choose between "Cool," "Classic," and "Blue" for visual clarity.
How It Works:
SMMA Calculation:
The Jaw (Long SMMA) is a 15-period smoothed moving average.
The Lips (Short SMMA) is a 4-period smoothed moving average.
Percentage Difference Computation:
Calculates the percentage gap between Lips and Jaw for trend analysis.
Adjusts polarity to maintain consistency in signal direction.
Signal Interpretation:
-Bullish Signal (Cyan, Green, or Light Blue): When percentage difference crosses above the long threshold.
-Bearish Signal (Magenta, Red, or Dark Blue): When percentage difference falls below the short threshold.
-Optional Smoothing:Users can smooth the percentage difference using SMA, EMA, HMA, or RMA for enhanced clarity.
-Dynamic Color Coding:The indicator colors candles based on trend detection.
This indicator is ideal for traders who:
📈 Want a trend-following strategy with clear entry/exit signals.
🔍 Prefer filtered signals with optional smoothing to reduce noise.
⚡ Seek momentum confirmation in combination with other indicators (e.g., RSI, MACD).
Customization Options:
-Threshold Levels: Adjustable long and short levels for fine-tuning sensitivity.
-Smoothing Settings: Choose from SMA, EMA, HMA, RMA or disable smoothing.
-Color Modes: Adapt the visual style to match personal preferences.
Disclaimer:
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always apply proper risk management when trading.
The Alligator Oscillator | Trama (ATO | Trama) is a momentum-based trading indicator that utilizes Smoothed Moving Averages (SMMA) to measure market trends. Inspired by Bill Williams’ Alligator Indicator, it focuses on the relationship between the Jaw and Lips moving averages, calculating their percentage difference to identify bullish and bearish conditions.
Key Features:
✔ Jaw & Lips SMMA Calculation: Measures the spread between two smoothed moving averages.
✔ Threshold-Based Trading Signals: Identifies trend shifts using customizable long/short thresholds.
✔ Optional Smoothing: Enhances signal reliability with SMA, EMA, HMA, or RMA.
✔ Dynamic Color Modes: Choose between "Cool," "Classic," and "Blue" for visual clarity.
How It Works:
SMMA Calculation:
The Jaw (Long SMMA) is a 15-period smoothed moving average.
The Lips (Short SMMA) is a 4-period smoothed moving average.
Percentage Difference Computation:
Calculates the percentage gap between Lips and Jaw for trend analysis.
Adjusts polarity to maintain consistency in signal direction.
Signal Interpretation:
-Bullish Signal (Cyan, Green, or Light Blue): When percentage difference crosses above the long threshold.
-Bearish Signal (Magenta, Red, or Dark Blue): When percentage difference falls below the short threshold.
-Optional Smoothing:Users can smooth the percentage difference using SMA, EMA, HMA, or RMA for enhanced clarity.
-Dynamic Color Coding:The indicator colors candles based on trend detection.
This indicator is ideal for traders who:
📈 Want a trend-following strategy with clear entry/exit signals.
🔍 Prefer filtered signals with optional smoothing to reduce noise.
⚡ Seek momentum confirmation in combination with other indicators (e.g., RSI, MACD).
Customization Options:
-Threshold Levels: Adjustable long and short levels for fine-tuning sensitivity.
-Smoothing Settings: Choose from SMA, EMA, HMA, RMA or disable smoothing.
-Color Modes: Adapt the visual style to match personal preferences.
Disclaimer:
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always apply proper risk management when trading.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.