viewtopic.php?f=17&t=1975.
Gator Oscillator is based on the Alligator Indicator and shows the degree of convergence/divergence of the Smoothed Moving Averages. Gator oscillator is usually used in combination with “Alligator” indicator. (As you can see on the screenshot)
Gator displays 2 history graphs:
- Top Graph: Shows the distance between Blue and Red lines of the “Alligator”. (Jaws <-> Teeth)
- Bottom Graph: Shows the distance between Red and Green lines of the “Alligator”. (Teeth <-> Lips)
“Gator” shows convergence and intertwining of the Lines when “Alligator” indicator is “asleep” or “awake” and can help you identify a trend.
Calculation:
Top Graph = | Alligator Jaw – Alligator Teeth |
Bottom Graph = - | Alligator Teeth – Alligator Lips |
(*|| means the absolute value.)
Tags: Gator, indicator, Marketscope, oscillator, Trading Station, FXCM, dbFX
The indicator was revised and updated