Williams Alligator Indicator – FX Replay Guide

The Alligator Indicator in FX Replay uses three smoothed moving averages to visually define whether the market is asleep, awakening, trending, or exhausted. It’s ideal for identifying directional bias, timing entries during breakouts, and filtering trades during choppy conditions.

How to Use It in FX Replay

Add It to Your Chart:

• Go to the Indicators panel.
• Search “Alligator” and apply it.
• You'll see:
  • Jaw (Blue)
  • Teeth (Red)
  • Lips (Green)

Phase-Based Strategy

• Consolidation (Sleeping): Lines overlap or are flat → avoid new entries.
• Trend Emergence (Awakening): Green separates from red and blue → prepare to trade.
• Strong Trend (Eating): Lines are spreading apart and angled → trend confirmed.
• Trend Exhaustion (Sated): Lines begin to converge → consider exiting or tightening stops.

Entry Logic

• Buy: Price above all three lines, with green > red > blue → confirms uptrend.
• Sell: Price below all three lines, with green < red < blue → confirms downtrend.

Confirm with:

• Breakout from structure
• Session-level volume spike
• RSI or SMMA trend confirmation

Exit Logic

• Lines converge or flatten → potential consolidation or reversal.
• Price crosses below Alligator in uptrend or above it in downtrend → trend may be ending.

Pro Tip

In FX Replay, use the Alligator Indicator to filter out low-conviction trades:

• Only trade in the direction of a “feeding” Alligator.
• Avoid entering when the lines are tangled.

Pair with:

• VWAP or Supertrend for directional bias
• Liquidity zones or session opens to confirm trade timing