Gator Oscillator Study

By Samantha Baltodano

TL;DR:

The Gator Oscillator is an indicator used to help determine market trends and determine when to enter and exit trades. It consists of two histograms showing the convergence or divergence of the plots in the Williams Alligator study, and buying or selling opportunities are suggested when both histograms are at or close to the zero level.

What Is the Gator Oscillator Study?

The Gator Oscillator is an indicator developed by Bill Williams in concert with several other indicators. The Gator Oscillator helps determine whether a market is in a trend or if it’s simply consolidating. It’s used to decide when to enter and exit a trade, as timing in trading is crucial. 

It consists of two histograms showing degrees of convergence/divergence of Williams Alligator study plots. 

The upper histogram represents the difference between values of Jaw and Teeth plots, the lower histogram represents that of Teeth and Lips plots.

Depending on the preceding trend, buying or selling opportunities are suggested when both histograms are at (or very close to) zero level, which conforms to intersection of the three Williams Alligator lines.

Summary

• The Gator Oscillator is an indicator used to help determine market trends and determine when to enter and exit trades.
• It consists of two histograms showing the convergence or divergence of the plots in the Williams Alligator study.
• Buying or selling opportunities are suggested when both histograms are at or close to the zero level.

Gator Oscillator is just one of many studies that Archaide automates. For a full list of strategies and studies available click here.

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