Key Takeaways
Williams Alligator
Three smoothed moving averages representing Jaw, Teeth, and Lips, showing trend phases.
Formula
Detailed Explanation
The Alligator was created by Bill Williams to help identify trends and non-trending periods.
Components:
- Jaw (Blue): 13-period SMMA, shifted 8 bars
- Teeth (Red): 8-period SMMA, shifted 5 bars
- Lips (Green): 5-period SMMA, shifted 3 bars
Trading Setup Example
Entry, stop loss, and take profit levels.
Always wait for signal confirmation before entering a trade.
Where This Indicator Works Best
Trend context and market position.
Requires advanced market analysis.
Live Chart ā Williams Alligator
See Williams Alligator in action on a live chart. Try changing the settings and timeframe.
Williams Alligator is a manual drawing tool or chart type and cannot be auto-overlaid as a study.
Open Chart on TradingViewParameters
š Bullish Signals
Lips > Teeth > Jaw with upward slopes
š Bearish Signals
Lips < Teeth < Jaw with downward slopes
Python Implementation
Alligator indicator calculation
TradingView Pine Script
MT5 MQL5 Code
Python Libraries
Common Mistakes
Confirmation Signals
Best For
š” Pro Tips
- ā¢Part of Bill Williams trading system
- ā¢Sleeping alligator = don't trade
- ā¢Awakening signals trend beginning
Educational Disclaimer
This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.