Gator Oscillator Indicator of Bill Williams

Gator Oscillator (gator comes from the word alligator as this animal is used as an analogy to describe the indicator) is a technical indicator which helps visualize the periods in which the Alligator indicator expands or shrinks. It was developed by Bill Williams in his Theory of Chaos and is currently a widely used indicator for traders and investor in all kinds of markets including Forex.

It is used to study the bullish or bearish trends of a financial asset. So, depending on the value of the histogram that represents it, it indicates the phase of the market trend in which the financial asset is located.

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