Chaos Alligator: Difference between revisions
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→How to interpret results
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*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 <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". | ||
Traders might look for the <font color="green">lips</font> crossing above the other lines to '''enter''' a long position or below the other lines to '''enter''' a short position.<br> | |||
When the lines start converging again, indicating potential trend exhaustion, traders might '''exit''' positions. | |||
=== Default Inputs === | === Default Inputs === |