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.
The Fractals indicator shows well important levels on price charts, which the trader may use for trading breakouts or placing SLs.