Alligator is a technical analysis tool consisting of three smoothed moving averages with periods of 13, 8 and 5, which are all Fibonacci numbers overlaid on a price chart. The lines represent the jaw, the teeth and the lips of the alligator. This indicator is used to determine the trend and predict its future direction. The Alligator indicator works best when combined with an oscillator-type indicator such as the Fractals indicator. The Fractals are recurring patterns that can predict reversals among larger, more chaotic price movements.
A potential BUY opportunity is identified when the price is trending up (Lips are above the Teeth and the Teeth is above the Jaw) and the DOWN fractal is formed above the teeth of the alligator.
A potential SELL opportunity is identified when the price is trending down (Lips below the Teeth and the Teeth below the Jaw) and the UP fractal is formed below the teeth of the alligator.
Easy Alligator provides a comprehensive dashboard that allows you to view the BUY/SELL signals generated for up to 37 instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. In this way, you do not miss out any trading opportunities even on the go.
Below are some of the key features of the app.
– Timely display of BUY/SELL signals generated for up to 37 instruments across 6 timeframes (M5, M15, and M30 are only available for subscribers),
– Timely push notification alert when of BUY/SELL signals on your favourite instruments on your watch list,
– Display headline news of your favourite instruments,
– Economic Calendar of upcoming events
Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy Alligator Premium. This subscription removes all advertisements within the app, allows you to view all timeframes (including M5, M15, M30) and supports our development of future enhancements.
To learn more about us and our products, please visit www.easyindicators.com .
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Please note that updates are not available during weekend.
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