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Username: ForexGuy

Rating:
Guru Stars

Asked to: Goro Yang

Date Created: 04 Aug 2015
Category 25
Tag Forex
Question What is the Alligator indicator?
Advice from Guru
Hi Forex Guy,

The Alligator indicator was developed by Bill Williams, the indicators are presented on the price chart in the form of moving averages from which signals are generated rather than in the histogram format, which the Gator oscillator utilizes. The indicator utilizes the convergence and divergence of three Smoothed Moving Averages (SMMAs) to generate trade decisions. The indicator is designed to detect the beginning and exhaustion of trends from which it generates trade decisions; accordingly the indicator will typically perform poorly in ranging markets.
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