Alligator Indicator: Three Smoothed Moving Averages of Median Price
Summary
The document introduces the Alligator technical indicator as three moving-average lines calculated from the midpoint of each bar's high and low. It names the lines Lips, Teeth, and Jaw, and describes each as a moving exponential average with a separate fast, middle, or slow period. Although the stated inputs also include closing prices, the supplied calculation uses the high-low midpoint.
The entry is part of a larger technical-indicator testing collection, but this page gives no trading rules, parameter values, test results, or interpretation of how the lines should guide decisions. It points to a separate document for the indicator's meaning, which is not included here. As a result, this material explains the indicator's basic construction but is insufficient to assess its use or performance in a strategy.
Key ideas
- The Alligator indicator consists of three smoothed moving-average lines.\nEach line is calculated from the midpoint of the bar's high and low.\nThe Lips, Teeth, and Jaw lines use fast, middle, and slow periods, respectively.\nThe document provides no parameter values, trading signals, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.