Chaos Fractals MT4 Indicator and Chaos Fractals Signals

Developed by Bill William

A fractal is formed by three price bars

It is used to detect the bottom or the top.

Up Fractal- defined as a middle bar with two lower highs on each side (A- shaped)

Up Fractal

Down Fractal- defined as a middle bar with two higher lows on each side (V shaped)

Up Fractal

MT4 Indicator & How to Generate Trade Signals

Break Out Trading

The breakout method of using fractals to initiate trades is to take trades based on the direction of a price break-out above or below most recent fractal.

Buy Trading Signal

If the market price breaks above the recent most Up Fractal enter long.

Stoploss should be placed below the lowest low of the most recent Down Fractal or the second recent most Down Fractal.

Buy Signal Breakout Trading

Sell Trade Signal

If the price breaks out below the most recent Down Fractal enter short.

Stop loss orders should be set above the highest high of most recent Up Fractal or the second recent most Up Fractal.

Sell Signal Break Out Trading

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