Alligator indicator - description and general settings of the algorithm
The Alligator indicator we are considering is the brainchild of a well – known trader, as well as the author of many training materials-Bill Williams. Unlike many trend indicators, Alligator has a number of advantages.
This indicator does not just show the early phase of the emerging trend, it also gives an additional signal that shows the movement vector of the emerging trend.
Settings of the
alligator indicator
And this, you will agree, is a very informative and convenient feature, especially for binary options. After all, we are mainly interested in the direction of developments in the underlying assets. Simply put, we are not interested in the number of points that the asset will move along the trend, the main thing is to determine the vector direction and open the desired position on it. This is exactly what the Alligator indicator helps us with.
It is also necessary to note an important factor – the trading strategy, like the Alligator indicator itself, is easy to use. You can easily determine the harbingers of the trend and identify high-yield entry points. The Alligator
trading strategy, both for standard assets and options, is based on the use of the same indicator, the algorithm of which is based on the use of three moving averages. Each of the curves has its own time periods, and, of course, the displacement coefficients. What does this indicator consist of?
Alligator indicator - description and general settings of the algorithm
