How do Fractals Indicator Work?
How William Fractals Indicator Work:
The
indicator isolates and identifies a potential turning point on a particular
price chart. The turning point is shown by a pop-up of an arrow indicating the
existence and potential pattern. The green arrow is a bullish fractal pattern
signal that the price has the probability of moving up. The red arrow is a
bearish fractal signal that the price could move down.
Fractals Indicator
Observable Secret/Trick Shown by Fractals
The
indicator is more reliable on longer time frames. Anytime a green arrow pops,
there is a higher chance of the trend changing direction. Therefore, use it
more on the longer time frames than shorter time frames.
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
For better and accurate analysis, consider combining the fractals with the Alligator Indicator. It is an important indicator developed by use of multiple moving averages.
I do agree, I will provide a detailed explanation on how to use the alligator indicator. Please share the article.
Informative content