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How to Use Alligator Indicator The Alligator indicator consists of three smoothed moving averages: The Alligator’s jaw or the blue line is a 13-period smoothed moving average shifted into the future by 8 bars; The Alligator’s teeth or the red line is an 8-period smoothed moving average shifted into the future by 5 …
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Jan 10, 2017 · A bullish harami pattern formed at the lower low in price while the MACD line made a double bottom.Although the harami pattern is relatively weak on its own, the combination of MACD divergence adds strength to our harami pattern, while the harami pattern provides a laser focused entry point to trade our MACD divergence from.
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