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Alligator Crossover Alert

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The Alligator Indicator consists of:

Jaw (Blue line): 13-period Smoothed Moving Average, shifted by 8 bars

Teeth (Red line): 8-period Smoothed Moving Average, shifted by 5 bars

Lips (Green line): 5-period Smoothed Moving Average, shifted by 3 bars

A crossing of these lines can signal:

Start of a new trend (when lines fan out in order)

Consolidation or end of trend (when lines cross over each other) - The indicator is for visual representation of the crossovers

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