Hi!
Have a look at the screen shot I've attached. Now I've edited the indicators slightly to add some idiot proofing and one of them is a box that says "Alligator LONG" when Green is above Red above Blue, or "Alligator SHORT" when Green is below Red below Blue, or "Alligator SLEEPING" otherwise.
In this example, my little box says "Alligator LONG" because the end of the green line is above the end of the red line, which is above the end of the blue line. But if you were just looking at this example visually, would you agree??
BobbyF
Green above Red above Blue
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PaulF
- Posts: 276
- Joined: 18 Nov 2011, 09:15
- 13
Green above Red above Blue
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Green above Red above Blue
hmmm...
I think the green has crossed over the red. Alligator is going to sleep. I can see AO has peaked and then the next peak is lower than the previous, since price did not create a new peak cannot be classed as divergence but it certainly shows loss of momentum.
I think the green has crossed over the red. Alligator is going to sleep. I can see AO has peaked and then the next peak is lower than the previous, since price did not create a new peak cannot be classed as divergence but it certainly shows loss of momentum.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
