What is the alligator indicator?

The Alligator indicator, also known as the Williams Alligator indicator, is a technical analysis tool developed by Bill Williams. It consists of three moving average lines that converge or diverge according to the state of the trend.

How many periods does the alligator indicator use?

The Alligator indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns. Simple moving average (SMA): N - the smoothing period.

What does the William alligator indicator look like?

Unlike other technical indicators, the William Alligator indicator is easy to use. When you open it, it appears as three lines (red, green, and blue) that constantly cross over one another as trends change. Each line has dramatic names from the body parts of the alligator animal. Bill Williams called the blue line the Alligator’s Jaw.