Introduction
Tired of guessing when to jump on a trending move? Alligator EA V1.1 MT4 is your answer… it takes the classic Bill Williams Alligator indicator, automates entry and exit logic, and handles risk so you don’t have to sweat every spike. Built by YoForex Corp, this free MT4 expert advisor spots jaw-teeth-lips crossovers, confirms trend strength, then places trades with dynamic stop-loss and take-profit. Whether you’re a total newbie or a seasoned pro, you’ll appreciate that it’s coded in clean MQL4, with intuitive inputs—no decoding cryptic parameters. It’s been back-tested on EURUSD and GBPUSD for 2018–2024, plus live-demo verified, so you can run it on demo first, tweak settings, then flip to live when you’re comfy. Let’s unpack why Alligator EA V1.1 might be the easiest way to trade trending markets.
Overview
YoForex EA Alligator V1.1 MT4 is designed to harness the Alligator’s three moving averages—Jaw (13), Teeth (8), and Lips (5)—to pinpoint emerging trends and fade false breakouts. Here’s how it works:
- Trend Detection: When Lips crosses above Teeth and Jaw, it signals the start of an uptrend; the reverse signals down.
- Entry Logic: Upon crossover confirmation, the EA places a market order with lot sizing based on your risk percentage.
- Stop-Loss & Take-Profit: It dynamically calculates SL and TP zones using recent ATR values, so stops adapt to current volatility.
- Break-Even & Trailing: Once your trade moves into profit by a user-defined buffer, the stop shifts to break-even; thereafter it trails to lock in gains.
- Time Filters: You can restrict trading to sessions (e.g., London open only) or disable during major news spikes.
Coded for EURUSD and GBPUSD on M15 and H1 charts, Alligator EA V1.1 thrives in trending environments—just what the Alligator indicator was born for. And coz it’s light on CPU, you can run it alongside other EAs like our Smart Hedging Gold TR or Money Pile EA without tanking your PC.
Key Features
- Alligator Crossover Entries: Automates buy/sell on Lips–Teeth–Jaw crossovers.
- Dynamic ATR-Based SL/TP: Stops and targets scale with market volatility.
- Risk-Percent Lot Sizing: You choose risk per trade; EA adjusts position size accordingly.
- Break-Even & Trailing Stop: Moves to BE + buffer, then trails to preserve profits.
- Session & News Filter: Trade only during your preferred sessions; auto-pause for major events.
- No Martingale or Grid: Pure trend trading—no dangerous averaging down.
- Multi-Pair Support: Pre-optimized for EURUSD, GBPUSD (M15/H1).
- User-Friendly Inputs: Clear parameter names—no guesswork.
- Chart Annotations: Alligator lines and trade markers plotted on-chart.
- Free Updates & Support: Ongoing tweaks based on user feedback.
Backtest Results & Proof
From January 2018 to December 2024, YoForex ran a tick-data backtest on EURUSD (M15):
- Total Net Profit: +1,820% on a $1,000 demo
- Max Drawdown: 6.2% peak-to-trough
- Win Rate: 62% of trades closed positive
- Average Trade Duration: 8 hours
Live-demo testing Jan 2025–May 2025 delivered a smooth equity curve, averaging 0.8% monthly net gains, with drawdown consistently under 5%. You’ll notice fewer nasty spikes—coz the Alligator filter skips choppy ranges before the trend really kicks in.
How to Install & Configure
- Download Alligator EA V1.1 MT4:
https://yoforexea.com/downloads/alligator-ea-v1-1-mt4 - Copy
Alligator_EA_V1.1.ex4into yourMQL4/Expertsfolder. - Restart MT4; find YoForex EA Alligator V1.1 under Navigator → Expert Advisors.
- Attach to an EURUSD M15 or GBPUSD H1 chart.
- Open the Inputs tab and set your preferences: RiskPercent: 1 (percent)
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ATR_Period: 14
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BE_Buffer: 10 (pips)
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SessionStart: 8 (hour)
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SessionEnd: 17 (hour)
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NewsFilter: true
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- Enable “Allow live trading” and click OK.
- Activate AutoTrading.
Why Choose YoForex-Powered Tools?
YoForex is all about quality, not hype. Every tool—from Alligator EA to our Pennants Pattern Finder—undergoes rigorous forward testing on live-demo accounts. Updates and support are totally free, and you get direct access to our dev team via WhatsApp or Telegram. Plus, our code is optimized for minimal CPU usage, so you can stack multiple EAs without lag. It’s pro-grade tech, made simple.
Support & Contact
Hit a snag? Need a tweak? Ping us on WhatsApp:
https://wa.me/+443300272265
or join our Telegram group:
https://t.me/yoforexrobot
Disclaimer: Past performance isn’t a promise of future gains. Alligator EA V1.1 uses trend-based entries and involves risk. Always demo-test before risking real funds and trade responsibly.
Call to Action
Ready to ride the trend with pinpoint precision? Download YoForex EA Alligator V1.1 MT4 now and start automating Alligator-based trades today—free!
