MGL - Gator Oscillator Indicator Usage Example

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As it also triggers "Sell Signal" as per the theories of Price Signal. You can also see how the Alligator Oscillator indicator tells you to enter a position during the indicator's awakening phase, hold it through the eating phase and exit it during the sated phase.

This indicator is a good alternative to the MFI indicator We use in the Entropy setups or any intraday momentum strategy.