Monday, April 29, 2013

Alligator Trading

“The Alligator” indicator points out when the price is in an uptrend and when it is in a downtrend. The indicator is used in trading CFD in Forex and shares etc.
 
The price development is decided by three lines, a red, blue and green line. Briefly, the price is upward when the green line is above the other lines and downwards when the lines are reversed; the lines are illustrated in the graph.


The indicator is called “the Alligator” because the three lines represent the Alligator’s chap, teethes and lips.

The green line is the Alligator’s lip: when the Alligator is hungry it opens the mouth and starts to eat; the green line increases and the red and blue line falls; it is an indication that the price will begin to rise.

When the Alligator finished eating it closes the mouth; the green line decreases and the red and blue line rises; it is an indication that the price will begin to rise.

The lines are in more details described at this link.

2 comments:

  1. I love the name of this indicator... It s hard to find the time to smile in the cfd online trading field... That's pretty cool

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  2. I use the alligator quite a bit, but have not tried it on CFD. What has been your success...?

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