Anyone ever traded with Fractals

Trading Systems
1

I found about fractals and started using a fractal indicator that draws horizontal lines at the last high and low fractals.

The idea is to enter a trade when the previous high or low fractal has been broken. I’ve been demoing for a while and it seems to work pretty good but I was wondering if anyone has tried trading like this before and what their experiences were with it.

Thanks,
Cmac813

2

Wuuuzzzzupppppppppppppppp
eveeryyyybodddyyyyyyyyyyyyyyyyyyyyy

where did you learn about fractals?
Any charts?

3

That’s Bill William’s fractals? Basically it’s a trend following system, the fractals makes it easier to spot the higher high or lower low.

So when the 2nd fractals goes lower than the 1st fractals, it’s a downtrend (short) and vice versa.

4

wuuzzupp

thanks for the info.

i will look him up.
interesting concept.

Any charts?

lattteerrrrrrrrrrr

and
thankkkzzzzzzzzzzzzzzzeeeeeeeeee

5

See if you can get your hands on Bill Williams’s book called Trading Chaos,
there’s a whole chapter on fractals and take note of a indicator called Market Facilitation Index.
I’m also new to the whole trading fractals technique but it’s been a profitable experience so far:cool:

Good luck and let us know how it goes.