FRACTALS ALLIGATOR TRADING STRATEGY
This strategy is multicurrency trading strategy. This strategy is based on two indicators designed by bill williams and included in most trading terminals by default:
- Fractals indicator
- Alligator indicator
Fractals indicator are simply arrows that are on top or below the candles on the chart. Essentially, these indicators can be used for various purposes, including identifying support and resistance levels, determining trade entry and exit points, and determining market trend. You can find the fractal indicator on mt4, mt5 or other popular trading platforms.
Alligator indicator
This indicator consists of 3 specific moving averages.
The 13 period line is called the alligator’s jaw (in blue color)
The 8 period line is called the alligator’s teeth (in red color)
The 5 period line is called the alligator’s lips (in green color)
#Alligator #Fractals #indicator
