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Those are more of William's marketing props. He names common stuff
with cute terms so you think he has something original. The AO is a
MACD with pretty colors and the Alligator is nothing but offset
Wilder's. The Alligator works as well as moving averages so you aren't
going to go wrong with them, but understand there's nothing special
there. Watch out for those prices moving into the mouth of the gator!
The wise men are simply fractal support and resistance. No big deal.
Knock yourself out. However, be warned, all of William's Fractals use
forward references. They're suppose to so. They look more impressive
on the charts in his books because you can't tell they're dynamic.
Wise Man 3 Resistance
(If( HIGH > Ref(HIGH,-1 ), 1 ,0 ) AND
If( HIGH > Ref(HIGH , -2 ), 1 ,0 ) AND If(HIGH>Ref(HIGH,-3),1,0)
AND
If( HIGH > Ref( HIGH , +1 ), 1 ,0 ) AND
If( HIGH > Ref( HIGH , +2 ), 1 ,0 ) AND If(HIGH>Ref(HIGH,+3),1,0))
Wise Man 3 Support
(If( LOW < Ref( LOW , -1 ), 1 ,0 ) AND If( LOW < Ref( LOW , -2 ), 1 ,0)
AND If( LOW < Ref( LOW , -3 ), 1 ,0) AND
If( LOW < Ref( LOW , +1 ), 1 ,0 )AND If( LOW < Ref( LOW , +2 ), 1 ,0 )
AND If( LOW < Ref( LOW , +3 ), 1 ,0 ))
Wise Man 2 Resistance
(If(HIGH > Ref( HIGH , -1 ), 1 ,0 ) AND
If(HIGH > Ref( HIGH , -2 ), 1 ,0 )
AND
If( HIGH > Ref( HIGH , +1 ), 1 ,0 ) AND
If( HIGH > Ref( HIGH , +2 ), 1 ,0 ))
AND Ref(H,-3)>Ref(H,-6)
Wise Man 2 Support
(If( LOW < Ref( LOW , -1 ), 1 ,0 ) AND
If( LOW < Ref( LOW , -2 ), 1 ,0 ) AND
If( LOW < Ref( LOW , +1 ), 1 ,0 ) AND
If( LOW < Ref( LOW , +2 ), 1 ,0 ))
AND Ref(L,-3)>Ref(L,-6)
I hope you're wiser now!
--- In equismetastock@xxxxxxxxxxxxxxx, "andrewteohyewleng"
<andrewteohyewleng@xxxx> wrote:
>
>
> Hi all, does anyone know where I can find formulas to the
> indicators for ProfitUnity's(Bill's) Aligator, first and second
> wiseman? Thanks.
>
> Andy
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