Free Alligator Custom V1
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Like many other trend   trading indicators , the alligator indicator works by plotting various moving averages (MAs) on a chart. Three   moving averages   are used, and each represents a part of the ‘alligator’: a blue line represents the jaw, a red line represents the teeth, and a green line represents the lips. These are default colours and can often be customised on a trading platform. The way the indicator works can be explained using the following analogy. When the alligator's jaw, teeth,

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