Chaos Fractals Analysis and Chaos Fractals Signals
Created by Bill William
A fractal is formed by three fx price bars
It's used to detect the bottom or the top.
Up Fractal- defined as a middle bar with 2 lower highs on each side (A- shaped)
Up Fractal
Down Fractal- defined as a middle bar with 2 higher lows on each side (V-shaped)
Up Fractal
Forex Technical Analysis & How to Generate Signals
Breakout Trading
The break out method of using fractals to initiate trades is to take trades based on the direction of a price breakout above or below most recent fractal.
Buy Signal
If the price breaks above the most recent Up Fractal enter long.
Stop losses should be placed below the lowest low of the most recent Down Fractal or the second most recent Down Fractal.
Buy Signal Break Out 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 most recent Up Fractal.
Sell Signal Breakout Trading
