What is Fractals Trading?
The fractal trading indicator is a technical analysis index developed by the famous American merchant Bill Williams for his unique trading strategy. However the cursor created by Williams means images of a geomatric pattern repaeting on the graph, without any additional calculations, and theoretically any trader can find himself.
Using the fractal indicator is essentially the recognition of a pattern in the price action of a traded security. Once the pattern is recognized, traders can then buy or sell, depending on whether the fractal indicator is bullish or bearish, looking to profit from a market reversal.
The fractal marker depends on a straightforward value design that is oftentimes seen in monitary business sectors. Outside of exchanging, a fractal is a common mathametical example that is rehashed on record breaking outlines. From this idea, the fractal marker was concocted. The marker secludes potential defining moments on a value graph. It then, at that points attracts bolts to show the presence of an example. The bullish fractal design flags the cost could move higher. A negative fractal flags the cost could move lower. Bullish fractals are set apart by a down bolt, and negative fractals are set apart by an up bolt.
Fractals Trading is a trading strategy that uses fractal geometry to identify low risk, high probability trades. Fractals are repeating patterns in nature and in the financial markets. Traders use these repeating patterns to identify low risk investments with a high probability of success. Fractals Trading can be used for stocks, futures, currencies, commodities, and options.
Jul 27, 2021 07:59