The AntiAlligator trend indicator: Alligator signals in reverse
AntiAlligator indicator It can be useful for many traders. AntiAlligator is a trend indicator, but can also be used for scalping on M5 and M15 timeframes.
The AntiAlligator trading indicator is based on the Bill Williams' Alligator indicator, which is known to almost all traders, but has a peculiar photographic negative effect - where the Williams indicator recommends opening a long position, AntiAlligator recommends selling. At the same time, as you can see on the chart below, its signals are reliable and, to some extent, discredit Williams' theory for small timeframes.
According to ForTrader.org experts' observations, AntiAlligator indicator arrows do not redraw, but sometimes arrows that have already appeared may disappear. However, if the arrow appeared on the first candle and is confirmed by the bar at the bottom of the chart, such a signal does not disappear.
