Alligator Trading Indicator Analysis and Alligator Technical Indicator Signals
Developed by Bill William
Alligator trading indicator is a combination of 3 Moving Average lines which use fractal geometry & nonlinear calculation.
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.
Forex Analysis & How to Generate Signals
When the Jaw, the Teeth and the Lips are closed or intertwined, it means that the Alligator is going to sleep or is already asleep. 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 delicious food comes to its nostrils: the 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 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
More Lessons and Tutorials and Tutorials:
- What is XAUUSD Gold Margin Account?
- SP 500 SP 500 Index Opening Hours
- Technical Indicator Gold MetaTrader 4 Technical Indicators List
- The Encyclopedia of the Indicator RSI Relative Strength Index Technical Indicator
- How to Get MetaTrader 4 SX 50 Index Trade Chart
- How Can I Use MetaTrader 5 Hull Moving Average Indicator on MT5 Software?
- MT4 Template for Saving XAU USD System Template in MetaTrader 4 Platform Software
- What is 1 Pips Equal to for GER30 Index?
- How Can I Find MetaTrader 4 EUR SEK Chart?
