How does the alligator indicator work?

The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns. The Alligator indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers.

What is the alligator indicator strategy?

The Alligator Indicator Strategy is an exceptional trading methodology introduced by the legendary trader Bill Williams, who also created the fractal indicator. This comprehensive guide will enlighten you on how to leverage this powerful trading tool, enabling you to significantly boost your trading performance.

Are alligator indicators good for trading?

The default settings of the alligator indicator are great for most trading scenarios. However, if you want something that suits your trading strategy, you might have to do some tweaking yourself to find what works for your system.