Medical Book
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Medical Book

Buy Textbooks | Autoclaves | stethoscopes | Buy Books Online | Buy Medical Textbooks | Textbooks | Equipment | Nutrition | USMLE | MRCP | MRCS | Dental | Sport Medicine | Cardiology | Medical Textbook | Surgery | Pregnancy | Anatomy | Radiation | Pedia |
 
HomeLatest imagesPublicationsRegisterLog in

Share
 

 How To Use Alligator Indicator

View previous topic View next topic Go down 
AuthorMessage
painofhell

painofhell

Male Posts : 669
Birthday : 1990-05-18
Join date : 2014-08-16
Age : 34
Job/hobbies : forex

How To Use Alligator Indicator Empty
PostSubject: How To Use Alligator Indicator   How To Use Alligator Indicator Icon_minitimeSun Jan 25, 2015 8:14 am

Alligator is an indicator designed to signal a trend absence, formation and direction. Bill Williams saw the alligator’s behavior as an allegory of the market’s one: the resting phase is turning into the price-hunting as the alligator awakes so that to come back to sleep after the feeding is over. The longer the alligator is sleeping the hungrier it gets and the stronger the market move will be.

How to Use Alligator Indicator

The indicator consists of 13-, 8- and 5-period smoothed moving averages shifted into the future by 8, 5 and 3 bars respectively which are colored blue, red and green representing the alligator’s jaw, teeth and lips.

The Alligator is resting when the three averages are twisted together progressing in a narrow range. The more distant the averages become, the sooner the price move will happen.

The averages continuing in an upward direction (green followed by red and blue) suggest an emerging uptrend which we interpret as a signal to buy.

The averages following each other in the reversed order down the slope are a strong signal of an unfolding downtrend so selling at this point would be more than appropriate.
How To Use Alligator Indicator Alligator
Alligator Indicator Formula (Calculation)

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)

Share
Back to top Go down
 

How To Use Alligator Indicator

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Medical Book :: Forex :: Forex Education and Learning-