Alligator
Definition
The Alligator Study is a technical analysis tool created by Bill Williams, designed to help traders identify emerging trends. It consists of three smoothed moving averages: the Jaw (usually a 13-period smoothed moving average), the Teeth (an 8-period smoothed moving average), and the Lips (a 5-period smoothed moving average). These three lines are shifted into the future by different amounts and represent various time frames.
When these lines intertwine, the Alligator is said to be "sleeping," indicating a non-trending market. When the lines diverge, the Alligator is "awake," signaling a potential emerging trend.

Suggested Trading Use
Traders can use the Alligator Study to understand whether a market is trending or ranging and to detect possible entry and exit points. When the Lips cross above the other lines, it may indicate the beginning of an upward trend (buy signal). Conversely, when the Lips cross below the other lines, it could signal the start of a downward trend (sell signal).
Discover Tab Reference Guide
Discover Tab How-To Guide
Smart Studies How-To Guide
Smart Studies Reference Guide
Scan Tab Reference Guide
Scan Tab How-To Guide
Watchlists How-To guide
Watchlists Reference Guide
Chatrooms Reference Guide
Community Wall How-To Guide
Community Wall Reference Guide
Streams Reference Guide
Streams How-To Guide