How to Add Alligator Indicator on MetaTrader 4 Charts - Adding MT4 Alligator Indicator

Step 1: Open Navigator Window on Software

Open Navigator panel as shown and illustrated below: Go to 'View' menu (click on it), then choose 'Navigator' panel (click), or From Standard Tool-Bar click the 'Navigator' button or press keyboard shortcut keys 'Ctrl+N'

On Navigator panel, choose 'Indicators', (DoubleClick)

How to Add Alligator Indicator on MetaTrader 4 - MT4 Alligator Indicator

Step 2: Expand the Indicators Menu on the Navigator - Adding Alligator MT4 Chart Indicator

Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the Alligator chart indicator from this list of indicators so as to add the Alligator indicator on the chart.

How to Add Alligator Indicator - From the Above window you can then place Alligator indicator that you want on the chart

How to Add Custom Alligator Indicator to MT4

If the technical indicator you want to add is a custom indicator - for example if the Alligator indicator you want to add is a custom indicator you will need to first add this custom Alligator indicator on the MT4 platform & then compile custom Alligator indicator so that the newly added Alligator custom indicator pops up on the list of custom technical indicators in Meta Trader 4.

To learn how to install Alligator indicators on MT4, how to add Alligator indicator window to MT4 and how to add Alligator custom indicator in MT4 - How to add a custom Alligator indicator in MetaTrader 4.

About Alligator Indicator Tutorial Explained

Alligator Indicator Analysis & Alligator Indicator Signals

Developed by Bill William

Alligator indicator is a combination of 3 Moving Average lines that use fractal geometry and nonlinear calculation.

The three smoothed moving averages are:

• The green-line (Lips) 5-period Smoothed MA, with a shift of Three bars into the future.

• The red-line (Teeth) 8-period Smoothed Moving Average, with a shift of 5 bars into the future.

• The blueline (Jaw) 13-period Smoothed MA, with a shift of 8 bars into the future.

Lips, Teeth & Jaw show the interaction of different time periods.

FX Analysis & Generating Signals

When the Jaw, the Teeth & 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, & 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 Indicator Buy & Sell Signals - Alligator Indicator Buy Sell Signals