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.
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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.