alligator indicator

Alligator Indicator

The alligator is the metaphor for this technical indicator. Three lines are used to create it on a price chart. Each line in the indicator is a moving average of a different time period: the 5 SMA , 8 SMA and 13 SMA. The lines represent the jaw(13), the teeth(8), and the lips(5)of the alligator. […]

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