From V6 thread:
Arrow shows an entry where Alligator, on current time frame, was recently sleeping (within last 20 bars is the default option, but that can be changed in the settings) and Alligator on the next time frame is awake - essentially a Setup 1.
Just eye-balling your charts i see the following with regards to your red expected arrow:
1. V6 looks back at 20 bars default on 1min timeframe to see recent alli asleep, yes, alli was asleep (lime and red cross within 20 bars)
2. Alli on 5min awake = ??? What is criteria for awake in code? lime/red/blue in correct order...? assume yes.
I do not know the full logic of code, so i assume an arrow will only appear on a corresponding dot.
So lets shift above 2 points forward to the next blue dot after your red arrow.
1. lime/red crossed lookback 20 candles = YES.
2. 5min lime/red/blue correct order over fwd shifted 8 bars inclusive= YES.
lime/red check 3 bars ahead? Visually very close to each other..... assumption = NO
NO ARROW.
Same with previous blue dot (lime/red level/close)
In my opinion, dot logic is black and white, close over or not. Alli angle and separation (i assume) open to code parameters..... i would think that is why we have a beta version as this curve fitting via code can have many permutations.
Hope i understood you correctly and that I HAVE IT CORRECTLY

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