Chaos Alligator: Difference between revisions
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=== Definition=== | === Definition=== | ||
Chaos Alligator indicator (or Williams Alligator) is a trend-following indicator based on the idea that financial markets and individual securities usually trend at a lower rate than sideways ranges | Chaos Alligator indicator (or Williams Alligator) is a trend-following indicator based on the idea that financial markets and individual securities usually trend at a lower rate than sideways ranges. The indicator was developed with the thought in mind that both institutions and individuals generally collect more profit when a market is trending strongly. The study uses smoothed Moving Averages to analyze market trends and potential turning points. <br> | ||
''Chaos Alligator was first introduced by a well-known trader and author Bill Williams.'' <br> | ''Chaos Alligator was first introduced by a well-known trader and author Bill Williams.'' <br> | ||