How to use the Alligator indicator on Quotex

Bill Williams' Alligator is an indicator that is used to identify trends and the possibility of entering the market after a correction. It consists of three shifted mouvings, which Williams called the "jaws", "teeth" and "lips" of the Alligator. When applied correctly, the Alligator will help you identify the beginning of a new trend, its main phase and possible completion. Let's understand how to properly install and use the Alligator indicator on the Quotex platform.

How Alligator works

After adding the indicator to your chart, you will see three lines:

  • Jaws (slowest line, period 13, shift 8)
  • Teeth (middle line, period 8, shift 5)
  • Lips (fastest line, period 5, shift 3)

Installing the indicator

To add Alligator to Quotex, follow the steps below:

  • Open the general list of indicators on the platform.
  • Find Alligator in the list and select it.
  • Configure the indicator parameters as you wish (periods, shifts, colors, line thickness).
  • The indicator will be displayed on the chart, where you can customize it or remove it if necessary.

How to use Alligator in binary options trading

The Alligator is often used as a tool to determine the current state of the market:

  • If the price chart is above the Alligator lines and they confirm an uptrend, consider buying Call options.
  • If the price chart is below the lines and they confirm a downtrend, consider buying Put options.

Alligator + Fractals

  • Look for a sharp price movement indicating a flat exit. The Alligator lines will begin to diverge.
  • A fractal is formed (high or low on 5 candlesticks).
  • A pullback follows after the fractal is formed. Do not trade until the fractal level is broken.
  • If the fractal level is broken and the Alligator lines are lined up, buy the option, expecting the trend to continue.

Trade for continued movement

Use the area between the jaws and teeth as an area to end corrections. Use additional filters (candlestick patterns, Fibonacci levels, oscillators) to confirm correction completion.

Conclusion

The Alligator indicator can be a powerful tool in your arsenal of strategies for trading binary options on Quotex. It will help you determine market conditions and trend direction, which is key to successful trading. Remember to test any strategies on a demo account before applying them to the real market.

Quotex Reviews

May 27, 2024
Good platform
Not long ago came on the platform, I thought another scam (but for those who do not understand the market, trading and price behavior) but no, well enough raise, those who think that it is a scam those just do not understand how to work on it). Personally, I like the platform, and I'm not going to leave it
May 14, 2024
Not a bad affiliate program
Comparatively short withdrawal time, normal support on the site, which can explain or help. License, however, there is no, they promise and still no way, but otherwise Quotex is normal, although not particularly promoted. I recommend it also for not a bad affiliate.
May 6th, 2024
I have been cooperating with the broker for 2 years
I didn't even know that QUOTEX broker is quite young. And not so long ago on the binary options market. I have been cooperating with it for almost two years. I didn't trust it very much at first. I had been screwed by one "broker" for 200$ before. I started trading with QUOTEX for small things and tried to withdraw money a couple of times. It turned out that everything was fine. That is why I have been trading on QUOTEX platform for more than a year now with deals starting from 100$.
Apr. 30, 2024
Interesting broker
The broker is good, a lot of tools for trading.... I'm satisfied. In addition, the time frame is 5 sec. many do not know how to trade on it. but learn.
Apr. 17, 2024
Just what I was looking for
I have always wanted to find a more comfortable and convenient trading platform, and now I think I have found it.
Apr. 4, 2024
Super cool
Quotex has surpassed all my anticipations. Although I am a novice in options trading, their demo account facilitated my rapid grasp of the fundamentals, allowing me to transition to actual trading successfully. I am extremely content with the high trade profitability of up to 95%, which is truly remarkable. The round-the-clock support and dedicated personal manager deserve special acknowledgment for their convenience and utility!
Apr. 3, 2024
A little short of perfect.
Overall, I am satisfied with working with Quotex. The platform is intuitive, a lot of useful tools and good trading conditions. The only thing I don't like is the limited selection of cryptocurrencies. If they added more options for crypto, it would be perfect. Otherwise, a great broker for beginners and experienced traders.
Mar. 29, 2024
It's a godsend
Quotex has exceeded all my expectations. I am new to options trading, but thanks to their demo account, I quickly learnt the basics and started making real money. Very happy with the profitability of trades, reaching 95% - that's impressive. Special thanks for the 24/7 support and personal manager, it's really convenient and useful!
Mar. 21, 2024
Best broker
I have been using Quotex for six months now and it has been my best choice in the world of options trading! I am impressed by the simplicity of the interface and the variety of tools. I made a minimum deposit and I already have decent results. The support team is always on the phone, they help me promptly. I recommend to everyone who wants to start safely and effectively!
Feb. 25, 2024
For those looking for reliability
I recently started working with Quotex broker and have already managed to appreciate its reliability and ease of use. I was particularly impressed by the fast withdrawal of funds - sometimes in just 5 minutes, which was a pleasant surprise for me. The registration process is simple, and the design of the platform is concise and practical, without unnecessary elements. Quotex offers high payout percentages on assets, which makes trading here especially profitable. I should add that two-factor authorization for account protection is a big plus in terms of security. All in all, Quotex is a great choice for trading and I recommend it to anyone looking for a reliable and profitable broker.

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