Alligator with Alert for MT4 and MT5 | FREE Forex Trading Indicator
Alligator Alert is a free MT4/MT5 indicator that you can download here and use in your MetaTrader to receive notifications via email, mobile app, and platform when Alligator lines align properly.
What Is Alligator Indicator?
Bill Williams developed a number of technical indicators that are widely used as the foundation for trading strategies. Alligator is one of these indicators.
Bill Williams created this indicator by combining the following three moving averages:
- Jaw — a smoothed moving average of period 13 and shift 8.
- Teeth — a smoothed moving average of period 8 and shift 5.
- Lips — a smoothed moving average of period 5 and shift 3.
Alligator Alert Indicator
The MetaTrader platform includes Bill Williams’ Alligator as a standard indicator, but it does not have a notification feature.
Traders frequently want to be notified when all three moving averages are one on top of the other. This situation typically indicates the possibility of a trading opportunity.
You can use such alerts in both trend following and trend reversal strategies.
This missing MetaTrader feature appears in our Alligator Alert indicator presented below.
This indicator allows you to receive alerts when Alligator starts opening its mouth, that is, when the moving averages are all aligned. You can receive notifications via:
- Mobile app
- On screen
When the three moving averages cross, this Alligator Alert indicator can draw arrows for buy and sell signals.
Alligator Alert Indicator Source Code
If you are interested in alert indicators, you can use the source code of the current Alligator Alert Indicator to help you develop your own. You can also examine the code of our Alert Indicator Template, which served as the foundation for this indicator.
How to Download and Use MT4 Alligator Alert Indicator?
You can get the indicator for free by clicking the link below and installing it by following the instructions.
The installation is very easy to perform. The same is true for using this tool.
After running the indicator, you can change the parameters. You can choose which Alligator moving average settings to use and how you want to be notified.
MT4 Alligator Alert Installation
To install MT4 Alligator Alert Indicator, please follow the instructions below:
- Download the indicator archive file.
- Open the MetaTrader 4 data folder (via File→Open Data Folder).
- Open the MQL4 Folder.
- Copy all the folders from the archive directly to the MQL4 folder.
- Restart MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.
MT5 Alligator Alert Indicator
What Is MT5 Alligator Alert Indicator?
Alligator Alert Indicator for MetaTrader 5 is a plugin that allows you to set up alerts for Alligator moving averages crossing on your MT5 chart. It has the same features as the MT4 version of the indicator.
How to Download and Use MT5 Alligator Alert Indicator?
You can download the indicator for free using the link below and install it by following the provided instructions.
MT5 Alligator Alert Installation
To install the MT5 Alligator Alert Indicator please follow the instructions below:
- Download the indicator archive file.
- Open the MetaTrader 5 data folder (via File→Open Data Folder).
- Open the MQL5 Folder.
- Copy all the folders from the archive directly to the MQL5 folder.
- Restart MetaTrader 5 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.
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