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forextrader

Is alligator a good forex indicator?

details about alligator

over 2 years ago

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andrewFX

Hi,
Alligator is an indicator by Bill Williams and it is basically a combination of 3SMA with different periods to show overall market trend.
In my opinion, since Moving Averages in general are lagging indicators, a combination of 3 of them is going to be a lot lagging indication.
I would actually suggest a use on a high time frame(H1+) to determine long term trend and then a different indicator/s on a lower time frames.

Hope this helps.

over 2 years ago

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ForexEA

If you will need MT4 plugin that shows Forex News after its release, download that plugin at http://www.forexeasystems.com/forex...
Also it detects the trend on each time frame.

over 2 years ago

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KSAlam

I think its a lagging indicator. basic indicators are always good.

READ MY FEW ARTICLES BELOW
http://tinyurl.com/ksalam-articles

over 2 years ago

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