Alligator Technical Indicator is a combination of Balance Lines (moving averages) that use fractal geometry and nonlinear dynamics.

The blue line (Alligator’s Jaw) is the Balance Line for the time-frame that was used to build the chart (13-period smoothed moving average, moved into the future by 8 bars);

The red line (Alligator’s Teeth) is the Balance Line for the value time-frame of one level lower (8-period smoothed moving average, moved by 5 bars into the future);

The green line (Alligator’s Lips) is the Balance Line for the value time-frame, one more level lower (5-period smoothed moving average, moved by 3 bars into the future).

Instrument variable: Default or customized instrument used.

Period: Default or customized period used.

Shift value: number of candles in integer to be shifted backward.

Jaw Time period: Jaw output parameter

Teeth Time Period: Teeth Time output parameter

Lips Time Period: Lips Time output parameter

Alligator Jaw: the Balance Line for the time-frame that was used to build the chart (13-period smoothed moving average, moved into the future by 8 bars);

Alligator Teeth: is the Balance Line for the value time-frame of one level lower (8-period smoothed moving average, moved by 5 bars into the future);

Alligator Lips: is the Balance Line for the value time-frame, one more level lower (5-period smoothed moving average, moved by 3 bars into the future).

Alligator main description in progress...