A less conventional way of utilizing the "Williams Alligator," the Optimized Rate uses the rate of change of the averages within the Alligator in order to potentially forecast with greater accuracy. The true optimization comes from the calculation of the "McGinley Dynamic" to create zero lag smoothed moving averages. It's important to note the standard Alligator...
Based on @Petros Williams Gator Oscillator script
Modifed by @PolarSolar - fix histogramm offset to original and added different colors to more understanding Gator histogramm
The Gator Oscillator histogram above zero shows the absolute difference between blue and red lines of Alligator indicator,
while histogram below zero shows the absolute difference between...
// The Gator Oscillator histogram above zero shows the absolute difference between blue and red lines of Alligator indicator,
// while histogram below zero shows the absolute difference between red and green lines.
//
// There are green and red bars on the Gator Oscillator histograms.
// A green bar appears when its value is higher than the value of the previous...
