Alligator indicator
Jay HindHello friend welcome you all
niftysuport.online on the website
Will try to learn something new today
Today will try to give you information about a new indicator
Alligator Indicator (Trading with the Alligator Indicator)
Alligator Indicator Explained - How to Use the Alligator in
Alligator is the indicator which is designed to show a trend
absence, its formation and direction.Bill Williams saw metaphorical
resemblance between alligator’s behavior and the allegory of the
market’s one: sleeping gives way to price-hunting after which it’s
again time to sleep. The longer the alligator sleeps the hungrier it
becomes and logically, the stronger the market movement will be.The
indicator includes 13-, 8- and 5-period smoothed moving averages
each with its own displacement (8, 5 and 3 bars respectively) which
are colored blue, red and green thus representing the alligator’s jaw,
teeth and lips.Alligator is sleeping when the three averages are
intertwined progressing in a narrow range. Therefore, more distant
averages indicate sooner price movement.If the averages go on in an
upward direction (green followed by red and blue) this shows an
emerging uptrend interpreted as a signal to buy.On the other hand if
the averages follow each other in the reversed order down the slope
this indicates a signal of unfolding downtrend. This means that it
would be quite appropriate to sell at this point. How to calculate -
Alligator - Bill Williams' Indicators MEDIAN PRICE = (HIGH +
LOW) / 2 ALLIGATORS JAW = SMMA (MEDEAN PRICE, 13, 8)
ALLIGATORS TEETH = SMMA (MEDEAN PRICE, 8, 5) ALLIGATORS
LIPS = SMMA (MEDEAN PRICE, 5, 3)
Time Frame
In the time frame you have to work in the stock market for the long term, you can put 1 day chart.
The short term to work is 30 minutes and
(1 hour)
If Intraday is to work, you can set a chart for 15 minutes
I've tried to explain how the SuperTrend indicator works today
How did you like this post please comment and send it to your friends
Note ⤵⤵
Any indicator does not work 100%. It can show you possibilities. You should consult your advisor before making a purchase in the stock market.
Comments