Learn a beginner-friendly strategy, the Alligator Strategy, to capitalize on profits in the global markets. Use the green line to enter trades and pay attention to trend. It can be used on various time frames and requires no edits to default settings. Always backtest and use demo accounts before investing live. Join their trading group for education, live trading sessions, and trade alerts to learn and earn simultaneously.

How to Use the Alligator Strategy in Global Markets

Introduction

For beginner traders looking for different methods or strategies to make money in the global market, the alligator strategy is a great option. This video tutorial aims to share how the alligator strategy works, how to use it to enter trades, and how to take profits at stop loss levels. Before trying any new trading strategies, ensure that you back test it yourself and use a demo account to practice.

Setting Up the Alligator Strategy

To set up the alligator strategy, go to the indicator section and type in “Williams alligator”. Keep the default settings labeled as Jaw (blue line), Teeth (red line), and Lips (green line). The Lips will be the focus since it signals when to enter trades. When the Lips crosses over the Teeth and Jaw of the alligator indicator, it’s time to enter trades.

Using the Alligator Strategy on Different Time Frames

The alligator strategy can be used on different time frames, but the most recommended time frames are the four hour and one hour. Larger time frames capitalize more pips and profit than smaller time frames, such as 30 minutes, 15 minutes, or five minutes. Also, pay attention to the trend you’re in. If the market is above the alligator, it’s a buyer’s market, and you should only look for buy trades, but if it’s below the alligator, it’s a seller’s market, and you should only look for sell trades.

Case Study

In the GBP/USD, when the lips crossed over the teeth and jaw of the alligator, it signaled a point of entry to a trade. If you had taken this trade when it occurred, you would be up about 320 pips in profit as of now. Another crossover occurred, which would have earned a profit of almost 200 pips if you had held onto the trade.

Final Thoughts

The alligator strategy is easy for beginners to understand and use. Always go with the trend and pay attention to the Lips crossover as a signal to enter trades. Success in global markets requires practice and regular analysis, but the alligator strategy offers a simple way to earn profits.