We study the parametrized complexity of the knot (and link) polynomials known as Jones polynomials, Kauffman polynomials and HOMFLY polynomials. It is known that computing these polynomials is xP hard in general. We look for parameters of the combinatorial presentation of knots and links which make the computation of these polynomials to be fixed parameter tractable, i.e., in the complexity class FPT. If the link is explicitly presented as a closed braid, the number of its strands is known to be such a parameter. In a generalization thereof, if the link is explicitly presented as a combination of compositions and rotations of k-tangles the link is called k-algebraic, and its algebraicity k is such a parameter. The previously known proofs that, for this parameter, the link polynomials are in FPT uses the so called skein modules, and is algebraic in its nature. Furthermore, it is not clear how to find such an algebraic presentation from a given link diagram. We look at the treewidth of two combinatorial presentation of links: the crossing diagram and its shading diagram, a signed graph. We show that the treewidth of these two presentations and the algebraicity of links are all linearly related to each other. Furthermore, we characterize the k-algebraic links using the pathwidth of the crossing diagram. Using this, we can apply algorithms for testing fixed treewidth to find k-algebraic presentations in polynomial time. From this we can conclude that also treewidth and pathwidth are parameters of link diagrams for which the knot polynomials are FPT. For the Kauffman and Jones polynomials (but not for the HOMFLY polynomials) we get also a different proof for FPT via the corresponding result for signed Tutte polynomials.