Alligator Trading Indicator Analysis and Alligator Technical Indicator Signals
Developed by Bill William
Alligator trading indicator is a combination of 3 Moving Average lines that use fractal geometry & nonlinear calculation.
The three smoothed Moving Averages are:
- The green (Lips) 5-period Smoothed Moving Average, with a shift of 3 bars in to the future.
- The red-line (Teeth) 8-period Smoothed MA, with a shift of 5 bars in to the future.
- The blueline (Jaw) 13-period Smoothed MA, with a shift of 8 bars in to the future.
Lips, Teeth & Jaw show the interaction of various different time periods.
Forex Analysis & How to Generate Trading Signals
When the Jaw, the Teeth and the Lips are closed or intertwined, it means the Alligator is going to sleep or is asleep already. As it sleeps, it gets hungrier and hungrier - the longer it will sleep, the hungrier it will wake up. The first thing it does after it wakes up is to open its mouth and yawn. Then the smell of food comes to its nostrils: flesh of a bull or flesh of a bear, and the Alligator starts to hunt it. Having eaten enough to feel quite full, the Alligator starts to lose the interest to the food/price (Balance Lines join together) - this is the time to take the profit.
Alligator Trading Indicator Buy & Sell Signals - Alligator Technical Indicator Analysis
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