Introduction


Sick of generic trend EAs that lag behind? Alligator EA V1.1 MT4 is your go-to free ForexFactory EA for riding sustained moves using Bill Williams’s Alligator indicator. We’ve stress-tested it on demo and live accounts, adjusting the jaws, teeth, and lips to capture clear entry points—no guesswork, just smooth trend trades. Ready to see how it tames the markets? Let’s jump in…


Overview


Alligator EA V1.1 MT4 is a lightweight MT4 expert advisor that harnesses the Alligator’s three smoothed moving averages to spot emerging trends early. When the “jaws” (slow MA), “teeth” (medium MA), and “lips” (fast MA) align, the EA opens trend trades; on crossover reversals, it closes positions or flips direction. YoForex’s devs ran it through 12 years of tick data across EURUSD, GBPUSD, and USDJPY to fine-tune its filters. Now you get those pro-grade settings for free—just attach the EA and watch it do the heavy lifting.


Check out other top picks in the Newest EAs or see community feedback under User Reviews.


Key Features


• Trend detection via Alligator indicator MAs
• Adjustable MA periods & shift settings
• Auto-lot sizing based on account balance
• Built-in spread and slippage filters
• Optional ATR-based stop-loss & take-profit
• No grid or martingale—strict risk control
• All timeframes & symbols supported
• One-click pause/resume trading
• Low CPU footprint for multi-chart use
• Free lifetime updates by YoForex


Backtest Proof & Live Performance


Backtested on EURUSD H1 (2010–2024), Alligator EA V1.1 MT4 delivered a 68% win rate with average R:R of 1.6:1 and max drawdown under 6%.


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In a 45-day live-demo run, it netted 12% with a drawdown of 4.8%. Here’s the risk vs. reward breakdown:


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Installation & Setup



  1. Download from ForexFactory.cc:
    https://www.forexfactory.cc/showthread.php?t=345678

  2. Copy AlligatorEAv1.1.ex4 into MT4/Experts.

  3. Restart MT4; open Navigator → Experts.

  4. Drag “Alligator EA V1.1” onto your preferred chart.

  5. Load the provided .set file via Inputs.

  6. Enable live trading & DLL imports.


Why YoForex Tools?


YoForex builds with transparency—every EA, including Alligator EA V1.1, comes with free lifetime updates, documented backtests, and an open feedback channel. We’re traders first, so you’ll never see hidden settings or surprise fees.


Support & Disclaimer


Got questions? Reach us free on WhatsApp or Telegram:



Past performance isn’t a promise. Always demo-test and manage risk.


Call to Action


Want smooth trend trades? Download Alligator EA V1.1 MT4 now—100% free on ForexFactory.cc. Load it up, tweak if needed, and let the Alligator hunt for you!