PREDICTING THE CHANGE IN LONG TERM TREND OF THE STOCK PRICE BY USING ALLIGATOR INDICATOR AND TREND LINE TO GENERATE THE TRADING PROFIT

To find out the change in long term trend of the stock price, alligator indicator and trend line is very use full technical analysis tool for the trader and investor. If the stock is bought or sold at a specific point in time, every investor or trader must consider the technical analysis method. Technical Analysis does not provide an absolute forecast of the potential movement of stock prices, but only provides the probability of what will happen to the price over a period of time.
The Alligator indicator uses a smooth average to begin with a simple moving average (SMA). It uses three moving averages, set at intervals of five, eight, and thirteen. The Jaw, Teeth, and Lips of the Alligator are the three moving averages. This indicator is used to figure out the shift in the long-term trend of the stock price not for entry or exit of the stock price, for entry and exit we use trend line to generate the trading profit.