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Random article: Gator Oscillator
Gator Oscillator is one of the indicators of technical analysis developed by Bill Williams. Gator Indicator is represented by two bar charts situated one above another and below zero point. Upper bar charts shows the difference between jaw and teeth of Alligator (moving averages with periods of 13 and 8 respectively), bottom bar chart shows the distance between Alligator's teeth and lips ( moving averages with periods of 8 and 5). Bar charts can be red or deep blue depending on value of previous column (watch MACD indicator): red column is above the previous one, green is located below.
By technical analysis we should basically understand employment of price chart (and results of its math interpretation) for further market and price forecast. Technical analysis rests upon repeated nature of market and implies that ups and downs of currency quotations on charts are rotated according to certain time periods. An advantage of technical analysis is its universal application: with its help one can research any financial contract for any period of time. The market accounts for everything. That means that any event, which could affect price behavior is already accounted by market and is reflected on the price chart. This proposition means that all factors impacting the price will be definitely reflected in its behavior, therefore, it is required to monitor quote graph.
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