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