ClearPath Trader

Alligator Indicator

Bill Williams trend tool using three smoothed moving averages (jaw, teeth, lips). When the lines fan apart the trend is active; when they intertwine the market is sleeping.

Category: Trend · Complexity: ★★★☆☆ (3/5)

Tags: trend, study-card, price

Study card — educational illustration only (no live overlay in Charts).

Alligator Indicator chart illustration

Formula

Alligator Indicator is computed from price, volume, breadth, or macro prints depending on class (Trend). See the description for the defining inputs.

How to read

Read Alligator Indicator as a labeling tool: it describes a condition (trend, stretch, participation, or macro). Confirm with price structure, not the indicator alone. This entry is a study card — not every encyclopedia model has a live chart overlay.

Limitations

Alligator Indicator can lag, repaint (some drawings), or stay extreme in trends. It is not financial advice and not a broker signal.

Typical settings

Use the author's original defaults first; change one parameter at a time.

Alligator Indicator is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.

Browse the full indicator directory →