Chaos Gator Oscillator is one forex technical indicator used in forex technical analysis. Chaos Gator consists of 3 changing averages based on the Median Price.

Chaos Gator is the most used method of explaining a moving average is the comparison of the dependence of the security’s price on moving averages of the security’s price, and vice versa, or relationship between a few moving averages.

The Gator Oscillator is displayed as two histograms:
- The histogram above zero shows the distance between the blue and the red lines (between the Alligator’s jaw and teeth);
- The histogram below zero shows the distance between the red and the green lines (between the Alligator’s teeth and lips).

All the bars of each histogram are either green or red:
- Histogram bar is red if it is lower than the preceding one;
- Histogram bar is green if it is higher than the preceding one.

The Gator Oscillator clearly shows convergence and intertwining of the Balance Lines when the Alligator is asleep or awake thus helps identify a trend.

Related Articles

From Alpari-idc:
The Gator Oscillator shows the degree of convergence / divergence of the Balance Lines. (full article)

From Forexrealm:
Bill Williams named this indicator in his book “New Trading Dimensions”. The book touches upon chaos theory, and lets readers debate if the so-called supercomputers were used in developing different trading methods. (full article)