Signing up is free & takes 5 secs only…
Alligator Indicator is one of the trend indicators that you can easily find and use at Pocket Option. You can even use the indicator on the Pocket Option demo account.
Alligator Indicator is a trend indicator that uses three lines to verify the trend. This indicator was developed by a legendary trader Bill Williams, in 1995. According to his research and development, he found that the market behaves just like an Alligator. He believed that the market is inactive or sleeping 70% – 80% of the time and the rest 20% – 30% market is active. The lines of the indicator when intersects each other are points of buy and sell.
Firstly, log in to your Pocket Option account. and click on the indicator button. Next search and select Alligator Indicator from the menu.
You can also change the colours of the indicator or darken the line for better visibility.
You won’t find any issues in understanding the concept of the Alligator Indicator Strategy. The concept is very easy. You just need to focus on the lips of the alligator. This indicator is made of three lines Lips, Jaw, and Teeth. Where the lips is the fastest line with the combination of 5 SMA and 3 bars whereas, the Jaw is the slowest line with the combination of 13 SMA and 8 bars. The teeth is the middle line with the combination of SMA 8 and 5 bars.
When the Lip line intersects the other two lines from the bottom and later the lip line is above the two lines in an uptrend. It signals a bullish crossover and here we should open a buy trade.
When the lip line intersects the two other lines from the top. and later the lip line stays at the bottom of the two other lines. It signals a bearish trend and here we can place a sell trade.
You have just understood the concept of the Alligator indicator. This indicator is super easy to use and you can make lots profitable from the same. The best thing you can do is try this indicator at the Pocket Option demo account and move to the Pocket Option real account when you are confident enough.
Signing up is free and takes 5 secs only... The Bullish Engulfing Pattern is…
In the world of trading, understanding candlestick patterns can be a game-changer for traders who…
The Hammer candlestick pattern is a bullish reversal pattern that traders use to understand the…
The Doji candlestick pattern is one fascinating and widely recognised candlestick pattern in the world…
If you really want to achieve big results in the field of trading, Identifying the…
Identifying crucial candlestick patterns can surely be a game-changer in your trading career. One…