Alligator Indicator Analysis and Alligator Signals
Developed & Created by Bill William
Alligator trading technical indicator puts together 3 Moving Average(MA) lines, using fractal geometry and a calculation that isn't linear.
The 3 smoothed MAs 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 blue line (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.
FX Analysis and How to Generate Signals
When the Jaw, Teeth, and Lips are fully closed or interlocked, it signifies that the Alligator is either resting or already asleep. The longer its slumber, the greater its subsequent hunger - the extended the rest, the more voracious it will be upon awakening. Its immediate action upon waking is to widely open its mouth and yawn. Next, the scent of appealing sustenance reaches its olfactory senses: the meat of a "bull" or the meat of a "bear," prompting the Alligator to begin its pursuit. After consuming sufficiently and feeling satiated, the Alligator loses its interest in the asset/price (indicated by the Balance Lines converging) - this signals the opportune moment to take profits.

Alligator Indicator Buy and Sell Signals - Alligator Analysis
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