Question: What is Gator Oscillator on Deriv's DTrader? How does it work?
The Gator Oscillator helps to detect trend changes in the market price.
Based on the Alligator indicator, the Gator plots 2 histograms on either side of the zero line.
The sleeping phase (absence of a trend) is when the bars on both sides are red.
The awakening phase (formation of a trend) is when there are red and green bars on both sides.
When there are green bars on both sides, it indicates the eating phase (trend strengthening).
A solitary red bar appearing after the eating phase indicates the beginning of the sated phase (trend approaching its end).
On Deriv’s DTrader, you can use Gator Oscillator for free and apply on any chart you want.
To log in to Deriv’s DTrader, go to Deriv Official Website.