Alligators have wide jaws, when they are open they scoop up a lot of food. When the market has its mouth open it scoops up a lot of profits.

This tool is really an application of moving average theory. The moving averages are the lips, teeth and jaws of the Alligator. When the moving averages are close together the mouth is shut, no trend, when the mouth opens the asset is trending and trades can be made.

Alligators And Trading, An Approach To Moving Averages