Bill Williams indicators
Gator Oscillator
Shows the Alligator's mood as bars: how far apart its three lines are, above and below a zero line.
L’idée en termes simples
When the Alligator's lines spread apart, a trend is under way; when they come together, the market rests. Gator draws those distances as bars so the phases are easy to see.
Mode de calcul
Upper bars: the distance between Jaw and Teeth. Lower bars: the distance between Teeth and Lips (drawn below zero). Green when a bar grows, red when it shrinks.
Upper = |Jaw − Teeth|
Lower = −|Teeth − Lips|Comment l’utiliser
- Red bars on both sides: sleeping (no trend). Green on both: eating (strong trend).
- Mixed colours: the alligator is waking up or getting full; watch for a phase change.
Tirer des conclusions
- Gator does not show direction; check the Alligator or the price for that.
Exemple
After a long series of red bars, both sides turn green and grow: a trend has begun.
Les prix des exemples sont donnés à titre d’illustration.
Points de vigilance
- Lags the price, like the Alligator.
Un peu d’histoire
Bill Williams, "New Trading Dimensions" (1998).
Contenu éducatif uniquement. Aucun indicateur ni aucune figure ne prédit l’avenir, et rien ici ne constitue un conseil en investissement.