Forex trading strategy three wise men and the alligator

Hello today
Tell you about the forex trading strategy that is called three wise men and the alligator. It was created by one of the most successful traders, bill Williams; he managed to increase his capital from ten thousand to two hundred thousand dollars during two years. The main idea of this strategy is to catch a trend and enter it at the very start you can see
tools that you need the alligator indicator will help you to catch a trend the first placement to enter the market the second wise man to add on to a position, and the third wise man will help you to put stop loss and take profit here below you can see how to add the alligator indicator on MetaTrader
you should put in that indicators bill Williams alligator also you can see awesome oscillator and fractals that you need later you should put 13 for the joist period 8 for the teeth period 5 for the lips period and the smoothed method and click the ok button so you will get three lines when all lines are
intersected it means that the alligator is slipping and you should take a break, but when the line starts separating, that means that the alligator is hungry and you should be ready for downtrend or uptrend let’s move on to the second step the first why is my dividend there are two types of dividend bars the first one is bearish, and it has the higher high, and it closes at its lower half of range it’s a cell signal the second one is the bullish divergent bar it has lower low, and it closes at the upper half of its range, and this is the signal to buy let’s move on to the second wise man the awesome
oscillator it’s the extra condition to the first wise man signals to buy you’ll add on after three consecutive green bars otherwise the first wise man signals to sell you’ll add on after three consecutive red bars and the third wise man fractals the upper fractal means to buy, and the down fractal means to sell when the fractal appears you should put take profit and stop loss the perfect moment was when the wise men gave it together and it’s called the profit unity signal so now let’s look at the real example this is the euro USD daily
chart let’s look for example here we can see that this is the bearish pattern bearish dividend bar it’s above alligator lines, and we should add after three consecutive green bars and wait for the fractal to appear when it appears, we should put take profit and stop loss that’s all thank you for us have a nice day

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