Trading indicators have long become reliable helpers to traders. This article presents seven popular indicators that help define the trend direction and find good entry signals.
In this overview, we will discuss a trading strategy called Alligator. This is a slightly simplified variant of a well-known strategy by Bill Williams "Profitunity".
Today, we will speak about one of the most popular Forex strategies called Alligator+Fractals. It was designed by a famous market psychologist and successful trader Bill Williams in the 20th century, however, it remains topical nowadays.
Alligator is a trend indicator that gives signals of a new trend beginning in the market. According to the author, most of the time the market does not move anywhere, and trends emerge during only 15-30% of the time.