Entropy & Alligator Trading System is a crossover-based trend-following forex trading system, used to define the market trends and dynamic support/resistance levels of the market. It applies a very simple crossover signaling system so that traders with any level of experience can understand it.
Entropy & Alligator Trading System can be applied to trade all kinds of forex currency pairs including other financial assets like stocks, CFDs, and Cryptocurrencies. Moreover, this system fits well with all sorts of time frame charts within the MT4 platform.
Bullish Crossover: A bullish crossover occurs when Alligator 5 moves above Alligator 8 and Alligator 8 moves above Alligator 13 levels. Bullish crossovers represent bullish market trends and offer buy opportunities. You’ll only see the alligators plotting bullish crossovers when the price remains steady above all the alligator levels.
Bearish Crossover: For bearish crossovers, Alligator 5 moves below Alligator 8 and Alligator 8 moves below Alligator 13 levels. Bearish crossovers are interpreted as the bearish trends thus signals for the sell-entry.
Entropy & Alligator: Buy Parameters
Price closes as bullish bars above all the alligator levels
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
