OPEN-SOURCE SCRIPT

Kims Alligator Trade Ideas

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Kims Alligator 10M Momentum

A clean trend-following indicator inspired by the Williams Alligator and Williams %R momentum concept.

The idea behind this script is simple:
Trade with the trend instead of against it. The Alligator defines the current market direction, while Williams %R is used to identify momentum entries instead of traditional overbought/oversold reversals.

Features:
• Williams Alligator trend filter
• Williams %R (14) momentum oscillator
• Clearly highlighted -20, -50 and -80 levels
• Configurable strict or relaxed entry rules
• Small, clean trade idea markers to avoid chart clutter
• Optional exit suggestions based on Williams %R returning toward -50
• Soft pastel color palette for comfortable chart reading
• Designed primarily for the 10-minute timeframe

The indicator generates trade ideas only. It is not intended to be a complete trading system and should always be combined with proper risk management, market structure, support/resistance, volume, or order flow analysis.

No indicator has a permanent statistical edge in every market condition. Always perform your own testing before using it in live trading.

If you find this script useful, I'd really appreciate a like or a follow. I'm continuously testing and building new trading tools and sharing my ideas with the community.

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