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EABuilder Pro

Gator Oscillator

Gator Oscillator

Section titled “Gator Oscillator”

Gator Oscillator is a technical indicator that measures the convergence/divergence of the Balance Lines (Smoothed Moving Average) of the Alligator indicator.

Upper Histogram

Section titled “Upper Histogram”

The upper histogram displays the absolute difference between the values of the blue and red lines.

Lower Histogram

Section titled “Lower Histogram”

The lower histogram shows the absolute difference between the values of the red and green lines, but with a minus sign. The histogram chart is drawn top-down.

The upper histogram shows the distance between Jaw and Teeth, the lower one the distance between Teeth and Lips.

Calculation of Gator Oscillator

Section titled “Calculation of Gator Oscillator”
UPPER HISTOGRAM = ABS(JAW - TEETH)
LOWER HISTOGRAM = -ABS(TEETH - LIPS)

Where:

  • JAW, TEETH and LIPS are the blue, red and green lines of the Alligator indicator.