If you look at the section showing how to trade "Fractals trading:
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Applying Fractals to Trading Most charting platforms now provide fractals as a trading indicator. When viewed as a set of price bars on a chart, the most basic fractal pattern contains five bars or candlesticks with these characteristics:
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The fractal as used here refers to areas of price channelling and consolidation that are being watched by large numbers of forex traders. More importantly, the boundaries of those channels are being watched by the Big Guns in the market, thus forming levels of support and resistance.
How to use fractals in Forex Fractal links of exchange prices and the repeating structures have been confirmed by the results of computer modeling. The fractal (fr om Latin . Fractals are best used in conjunction with other indicators or forms of analysis. A common confirmation indicator used with fractals is the alligator. It's a tool created by using multiple moving averages.
The forex fractal strategy is an ideal tool to get a sense of the direction the market is likely to take, based on pointers that are available. That way, better investment decisions can be made with greater ease. Forex Fractals is an indicator used in the Forex technical analysis. It shows the highest high and lowest low of price movement on a chart. It shows the highest high and lowest low of price movement on a chart.
Forex Fractals Written by: PaxForex analytics dept - Thursday, 19 May 0 comments One of the most basic ways in which traders can determine the trends in forex market is through the use of fractals. Downloads: Forex MT4 2 line MACDOriginal fractals: pocketdice.ga4 Forex MT4 2 line MACDFractals code: pocketdice.ga Fractals Indicator Forex.