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I pulled out some day level data and run the Williams alligator and the result does not match the TradingView. I tried both hl2 and close values as input and both did not yield the correct results.
I pulled out some day level data and run the Williams alligator and the result does not match the TradingView. I tried both hl2 and close values as input and both did not yield the correct results.
Pine script used by TradingView.
//@Version=5
indicator(title="Williams Alligator", shorttitle="Alligator", overlay=true, timeframe="", timeframe_gaps=true)
smma(src, length) =>
smma = 0.0
smma := na(smma[1]) ? ta.sma(src, length) : (smma[1] * (length - 1) + src) / length
smma
jawLength = input.int(13, minval=1, title="Jaw Length")
teethLength = input.int(8, minval=1, title="Teeth Length")
lipsLength = input.int(5, minval=1, title="Lips Length")
jawOffset = input(8, title="Jaw Offset")
teethOffset = input(5, title="Teeth Offset")
lipsOffset = input(3, title="Lips Offset")
jaw = smma(hl2, jawLength)
teeth = smma(hl2, teethLength)
lips = smma(hl2, lipsLength)
plot(jaw, "Jaw", offset = jawOffset, color=#2962FF)
plot(teeth, "Teeth", offset = teethOffset, color=#E91E63)
plot(lips, "Lips", offset = lipsOffset, color=#66BB6A)
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