Best Alligator Indicator Settings for MT4

The Alligator indicator is a great indicator for day traders because it can help you make sense of the market noise and identify potential trading opportunities.

How to Use the Alligator Indicator in Forex Trading

However, like any other Trading Session indicator  it is only as good as its settings. In this article, we will discuss the best Alligator indicator settings for day trading.

The Alligator indicator is composed of three moving averages:

• The Alligator’s Jaw (blue line) is a 13-period SMMA shifted 8 periods into the future
• The Alligator’s Teeth (red line) is an 8-period SMMA shifted 5 periods into the future
• The Alligator’s Lips (green line) is a 5-period SMMA shifted 3 periods into the future

The default settings for the Alligator indicator are as follows:

• Jaw: 13 periods, shift 8
• Teeth: 8 periods, shift 5
• Lips: 5 periods, shift 3

Alligator indicator MT4

These settings are fine for most purposes, but you may want to experiment with different settings to see what works best for you. This signals Traditional MACD Indicator that the market is about to make a move.

Best Alligator indicator settings for swing trading

The Alligator indicator can help you stay in trends and avoid getting caught in reversals. However, there are a few different ways to configure the Alligator, so which are the best settings for swing trading? The first thing to note is that the Alligator is best used as a trend-following tool,

so you want to look for settings that will help Stochastic Divergence you stay in trends and avoid getting caught in reversals. One way to do this is to use shorter time periods for the Alligator’s moving averages, as this will make it easier to stay in trends and avoid getting caught in reversals.

Buy Sell Alligator Indicator Settings

The other thing to keep in mind is that the Alligator is a lagging indicator, so you want to use it in conjunction with other indicators or price action to confirm trends.

For example, you might use the Alligator to help you stay in a trend, but use price action or another indicator to confirm the trend is still intact before taking a trade.

Alligator indicator strategy PDF

So, what are the best Alligator settings for swing trading?

One setting that can be used is a 13/8/5 configuration High Low Open Close Indicator which uses 13-period, 8-period, and 5-period moving averages. This is a shorter-term configuration that can help you stay in trends and avoid getting caught in reversals.

Alligator with Alert for MT4 and MT5

Another setting that can be used is a 20/50/200 configuration, which uses 20-period, 50-period, and 200-period moving averages. This is a longer-term configuration that can help you stay in trends and avoid getting caught in reversals.

Both of these settings can be used Stochastic Divergence Indicator on any time frame, but they are most commonly used on daily and weekly charts.

So, there you have two different Alligator indicator settings that can be used for swing trading. Remember, the Alligator is best used as a trend-following tool, so you want to use settings that will help you stay in trends and avoid getting caught in reversals.

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