Chaos Alligator: Difference between revisions
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Plots of the Chaos Alligator can help identify the direction and strength of a trend and determine entry and exit points in the market: | Plots of the Chaos Alligator can help identify the direction and strength of a trend and determine entry and exit points in the market: | ||
*When the three lines are intertwined, the market is in a resting or consolidating phase, often referred to as the "Alligator is sleeping". | *When the three lines are intertwined, the market is in a resting or consolidating phase, often referred to as the "Alligator is sleeping". | ||
*When the lips | *When the <font color="green">lips</font> cross over the <font color="red">teeth</font> and <font color="blue">jaw</font>, "the Alligator is waking up" and a new trend might be starting. | ||
*When the lines are fanning out and moving in the same direction, it suggests a strong trend, indicating that "the Alligator is eating". | *When the lines are fanning out and moving in the same direction, it suggests a strong trend, indicating that "the Alligator is eating". | ||