What Is The Alligator Indicator & How To Trade With It

Alligator Indicator Explained

Alligator is a strategy based on the Bill Williams indicator of the same name with the addition of filters to enter the market. Bill Williams himself used it as part of the Trading Chaos theory, but the indicator itself can be useful for spotting market trend and thus, several modifications of trend trading strategies were created based upon the Alligator principles. What is the Alligator indicator? An alligator is a trend trading tool that uses three moving averages to indicate market conditions. The difference from 3 moving averages with different periods is that in this indicator, they are also shifted …READ MORE