Fractal Indicators

Trading Tech and Tools
1

Please can someone in here give detailed explanation on how to use Fractals Indicator to determine , Market Direction, stop loss, buy/sell stop orders ? I will really appreciate it, just a newbie trying to setup a trading strategy with this tool.
Thank you
Ambrose, Ghana

2

Fractals aren’t a terribly reliable choice for an indicator.

They do what is called “repainting”. In other words, they post up a signal, but later, the signal goes away because it is no longer a valid fractal point.

Understanding what makes a fractal will help you to see why that repainting occurs.

Here’s a solid breakdown: Fractals - A Technical Indicator | Forexgurus

3

[QUOTE=“Master Tang;545940”]Fractals aren’t a terribly reliable choice for an indicator.

They do what is called “repainting”. In other words, they post up a signal, but later, the signal goes away because it is no longer a valid fractal point.

Understanding what makes a fractal will help you to see why that repainting occurs.

Here’s a solid breakdown: Fractals - A Technical Indicator | Forexgurus[/QUOTE]

Master Tang, 10Q :+1:

4

Thanks Master tang