5-minute forex scalping trading strategy: Williams alligator indicator for day trading/scalping forex.
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Today I will show you my 5 minute forex scalping trading strategy and explain how to use the williams alligator indicator.

So, 5 minute scalping is not easy however, with the alligator indicator you should be able to become more profitable. The indicator will come with 3 lines the lips, jaws and the teeth or to not complicate things its simply the smooth moving average.

Bill williams was the founder of the alligator trading strategy and he said that 70% off the time markets simply range, while the remaining 30% they trend and this is where williams believed the money is made.

The alligator indicator is a trend following trading strategy and can be used on various different timeframes, in this video we will use the alligator strategy on the 5 minute timeframe.

When used correctly the Williams Alligator Trading Strategy is one off the best at identifying trend continuations, support levels and trend reversals.

The most common way to trade williams alligator is wait for the green, red and blue lines to move steadily towards the upside above the candlesticks, when the candlesticks touch the green or red williams alligator moving averages, that is your trigger for the entry trade

You can also improve this entry by following a few simple trading steps which I will discuss in this williams alligator trading strategy.

#williamsalligator #scalping #daytrading #forex