Chaos Gator

Definition

Chaos Gator (or the Gator Oscillator) was developed by Bill Williams and is related to Chaos Alligator. It plots the level of divergence between the 3 alligator lines in 2 separate histograms. The histogram above the baseline shows the divergence between the blue and red line while the histogram below the baseline shows the divergence between the red and green line. The Chaos Gator works best in a trending market. Due to its simplicity, the oscillator can be combined with the Chaos Alligator to form a standalone indicator or together they can be used in combination with other analysis techniques.

Chaos Gator was first introduced by Bill Williams.

Default Inputs

Jaw = 13 by default.

JawOffset = 8 by default.

Teeth = 8 by default.

TeethOffset = 5 by default.

Lip = 5 by default.

LipOffset = 3 by default.

Value sets the formula (high+low)/2.

ValueUp sets the color of the upward trend, green by default.

ValueDown sets the color of the downward trend, red by default.