Gator Oscillator | SigmaForex
It is based on the Alligator and shows the degree of convergence/divergence of the Balance Lines (Smoothed Moving Averages).
The Gator Oscillator is displayed as two histograms:
- The histogram above zero shows the distance between the blue and the red lines (between the Alligator’s jaw and teeth);
- The histogram below zero shows the distance between the red and the green lines (between the Alligator’s teeth and lips).
The Gator Oscillator clearly shows convergence and intertwining of the Balance Lines when the Alligator is asleep or awake thus helps identify a trend.
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Posted: July 29th, 2008 under Gator Oscillator, bar chart, charts, indicator, platform, sigma, sigmaforex, technical analysis, trade, trading.
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