The Alligator indicator can help beginner traders capture opportunities in forex trading. How to read indicator signals is quite easy.
How to Read Alligator Indicator Signals
The signal from this indicator is quite easy to capture. In essence, you only need to pay attention to the third position of the following moving average lines:
The blue line is the jaw (jaw) of the Alligator indicator. This line is the MA line with the longest period (13) and is used as a benchmark of the other two lines.
Green lines are teeth (teeth) from the Alligator indicator. Because the period is shorter (

, the signal will be created if this line intersects the blue line.
The red line is the lip (lip) of the Alligator indicator. This fastest period MA confirms when you should start opening a position.