Tired of guesswork in trading? Learn how to read market trends with ease and make your trading journey more intuitive and less speculative.
The Alligator Indicator consists of three moving averages that reveal market trends and direction. These lines represent an alligator's jaw, teeth, and lips, giving the appearance of a hunting alligator — hence the name. It simplifies the decision of when to enter or exit trades.
Adding the Alligator to your charts is a breeze. Locate it in the indicator's list, select it, and it's ready to use, no complex configurations needed.
When the three lines are close together, the alligator is sleeping, and the market is in a period of rest. Time to wait! But when the lines start separating, the alligator is waking up, and a new trend is forming. If the green line crosses above the others, it indicates an uptrend. If it dips below, a downtrend is on the menu. The wider the gap between lines, the stronger the trend.
Bullish Indication: Press “Call” when the Alligator's lips (green line) cross above the teeth (blue line), while the teeth should cross the jaw (red) line from bottom to top.
Bearish Indication: Press “Put” when the Alligator's lips (green line) cross below the teeth (blue line), while the teeth should cross the jaw (red line) from top to bottom.
The Alligator is an essential tool for enhancing your trading strategy, providing a straightforward path to informed decisions and potential profits. Let the Alligator guide you through the trading waters with confidence!