How Do You Use Alligator MT4 Technical Indicator?
Alligator Indicator Analysis Buy and Sell Signals
Created by Bill William
Alligator MT4 indicator is a combination of three MA lines that use fractal geometry and nonlinear calculation.
These three smoothed moving averages are:
- The green line - Lips 5 period Smoothed MA with a shift of 3 candlesticks bars into the future.
- The red line - Teeth 8 period Smoothed MA with a shift of 5 bars into the future.
- The blue line Jaw 13 period Smoothed Moving Average with a shift of 8 bars into the future.
How Do You Use MetaTrader 4 Alligator Indicator?
Lips, Teeth and Jaw show the interaction of different chart timeframe periods.
How to Generate Buy & Sell Signals
When the Jaw, the Teeth and the Lips are closed or intertwined, it means the Alligator MetaTrader 4 indicator is going to sleep or is asleep already. As Alligator MT4 indicator sleeps, it gets hungrier and hungrier - the longer Alligator MetaTrader 4 indicator will sleep, the hungrier it will wake up. The first thing Alligator MT4 indicator does after it wakes up is to open its mouth & yawn. Then the smell of food comes to its nostrils: flesh of a bull or flesh of a bear, & the Alligator MetaTrader 4 indicator starts to hunt it. Having eaten enough to feel quite full, the Alligator MT4 indicator starts to lose the interest to the food/price - Balance Lines join together - this is the time to take the profit.
How Do I Use MT4 Alligator Indicator?
How to Add MT4 Alligator Indicator in MT4 Charts
Step 1: Open MT4 Software Navigator Panel
Open MetaTrader 4 Navigator panel as illustrated below: Go to 'View' menu (click), then select 'Navigator' window (click), or From Standard Tool Bar click 'Navigator' button or press keyboard MT4 short cut keys 'Ctrl+N'
On MT4 Navigator window, choose "Indicators", by DoubleClick
How Do You Use MetaTrader 4 Alligator Indicator?
How to Add Alligator MT4 Indicator
Expand the menu by clicking the expand button (+) or double click the 'indicators' menu, after this the button will appear as (-) and it will then display a list of MT4 indicators as shown below - choose the Alligator indicator from this list of MT4 indicators so that you can add the Alligator MT4 indicator on the MT4 chart.
How Do I Use MT4 Alligator Indicator?
How Install and Add Custom Alligator Indicator on MetaTrader 4?
If the MT4 indicator that you want to add on the MT4 charts is a custom MetaTrader 4 indicator - for example if the Alligator indicator that you want to add is a custom MT4 indicator you will need to first add this custom Alligator MT4 indicator on the MT4 platform and then compile this custom Alligator indicator so that this newly added Alligator MT4 custom indicator appears on the custom indicators list on the MetaTrader 4 platform.
To learn how to add Alligator indicators on MT4 software - how do you add Alligator indicator window to MT4 platform? - how do you add Alligator custom indicator on MetaTrader 4? - How to add a custom Alligator custom indicator on MetaTrader 4.
How Do You Use MT4 Alligator Indicator?
