The alligator is a combination of moving averages or balance lines on the chart. The first balance line is called the Jaw. The second balance line is called the Lips and the third one is called the Teeth. These lines help us to identify when there is no trend in the market. It also helps us in understanding when the trend is forming and in which direction. When these lines are close together it denotes no trend. On the other hand, when these balance lines are far from each other it denotes a strong trend in the market.