Im trying to work on a system I read about involving these two indicators. However, there seems to be different interpretations of this on the web.
What I learned was that an arrow pointing UP is a signal to SELL since it indicates a bearish market. However, some sites say that an arrow pointing up is a signal to Buy Stop once that high is breached.
This confuses me especially when I read up on combining this with alligator because the sites say “if buy signal is above alligators teeth . . .”. But here I am, confused as to what a buy signal is, arrow up or down?
Any help will be appreciated.
Sorry to dig up an old question but I also confused by this pair of indicators as well. Any help will be appreciated. 
Hello,
I have tried out many forex systems for the MT4. In some of these systems arrows were included. And in all of these an arrow pointing up meant BUY. And an arrow pointing down meant SELL.
Regards,
Alexey
I thought the arrow pointing up is a bearish signal thus it should be SELL instead.
However according to this article, the up fractal is actually the BUY fractal. How can an UP fractal by BUY when it is signalling a bearish movement.
http://forex-indicators.net/bill-williams/fractals