Chaos Alligator: Difference between revisions
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''Chaos Alligator'' indicator (or ''Williams Alligator'') is a trend-following technical analysis tool introduced by a well-known trader and author Bill Williams. It is 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.<br> | ''Chaos Alligator'' indicator (or ''Williams Alligator'') is a trend-following technical analysis tool introduced by a well-known trader and author Bill Williams. It is 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.<br> |