The Alligator Indicator was developed by Bill Williams in the year 1995 that’s why it is also known as Bill Williams Alligator Indicator. This indicator is a very interesting tool as this indicator was inspired by an Alligator and the daily habits of the Alligator. Let’s first check out About Alligator Indicator
About Alligator Indicator
An Alligator indicator is a trend indicator that is used to find the direction of the trend and identify potential trading opportunities. This indicator was developed by Bill William who is also the founder of the Fractal Indicator and Awesome oscillator. This indicator was inspired by an Alligator and his daily habits. According to Bill, the market acts just like an Alligator that spends most of its sleeping and the rest of its time searching for food. You can understand the relationship between the Alligator and the market below.
- Â Alligator is sleeping: As I said above Alligator spend most of their time sleeping similarly, the market spends most it’s sleeping aka being inactive. You can say that the Alligator is sleeping when the market is moving in sideways or the three moving average lines are close to each other or intertwined.
- Alligator in search for food: An Alligator gets into action when he is in search for food. You can say that the Alligator is in search for food or the market is active when the three moving averages lines intersect each other and it generates buy and sell signals.
Unboxing Alligator Indicator on Binomo
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In order to unbox Alligator Indicator on Binomo you need to first open your Binomo trading dashboard. In case, you don’t have a Binomo account click here. once you have opened your Binomo account. now, click on the indicator button and search and select the Alligator indicator from the list.
That’s it. A configuration dialogue box will appear here you will see the important components of the Alligator Indicator like:
Jaw Line: It is the blue line that is made from the 13-period moving average and 8-period offset. This line is considered the slowest line.
Teeth Line: It is the red line that is made from the 8-period moving average and 5 – period offset. This line is considered a bit faster than Jawline and is used to confirm the trend.
Lips Line: It is the green line that is made from the 5-period moving average and 3 – period offset. This line is considered the fastest line and is used to identify the trends and reversals of security.
How to trade with Alligator Indicator on Binomo?
Trading with Alligator Indicator can become messy if you follow the traditional rule. In this article, I am going to teach you the easiest method. When the three moving average lines Lips, Teeth and Jaw intersects each other it generates buy and sell opportunities.
When the three intersect each other and the lips line is above all it signals a strong bullish trend and here, you can place a buy trade.
Vice versa, When the three intersect each and the lips line is below all it signals a strong bearish trend and here, you can place a sell trade.
Summary
The Alligator Indicator or Bill Williams Alligator Indicator is a unique indicator that was inspired by the reptile Alligator and his daily habits. According to, to the founder of Alligator Indicator – Bill Williams the market behaves just like an Alligator. If you have ever watched Discovery channel you have seen or heard the fact that an Alligator spends most of its sleeping and the rest of its searching for food similarly, the Market is inactive for most of the time and rest of the time it helps us to identify the trends and reversals. I have covered everything about Alligator Indicator in this article now it’s your job to try this indicator on the Binomo trading account and make big bucks with the same.
I wish you the very best of luck đŸ˜‰
