The Alligator technical indicator is a combination of Balance Lines (Moving Averages) that use fractal geometry and nonlineal dynamics. The blue line (Alligator`s jaw) is a Balance Line for the temporary period, which is used for graph construction (13-period smoothed moving average advanced by 8 bars ahead). The red line (Alligator`s teeth) is a Balance Line for a significant timeframe which is one level lower (8-period smoothed moving average advanced by 5 bars ahead). The green line (Alligator`s lips) is a Balance Line for a significant timeframe one more level lower (5-period smoothed moving average advanced by 3 bars ahead).