it is recommended to use standard designs of Price Action. A fractal up (or a signal to enter to buy) is the set in which (at least) 5 consecutive bars form a pattern, wh ere the highest maximum is shown by an average candle. Any currency asset of a middle volatility subject to steady trends is traded: EUR/USD, audusd, GBP/USD. Optional filter wait that CCI come back above -100. Sell, cCI above 100 level. While making the fractal market analysis using this technique, it is necessary to remember that: it is impossible to trade against the direction of the Alligator; the first fractal after the Alligator exit from hibernation is the warning signal; in case of a long narrow. What is the fractal analysis and whats its value? Sessions for scalping and day trading: London and New York. Place initial stop loss 3-5 pips below the down fractal.
The set of the real fractals is very dynamic. If closing of a breakthrough candle happens far beyond the accumulation level, then it is possible to open in the direction of breakthrough on a smaller timeframe. How to use Keltner Channel. Fractals draws up arrow. Description of Fractals, originally, fractals are a form, which upon division into parts represents a small copy of the whole, that is to say, have the feature of self-resemblance. Share your opinion, can help everyone to understand the forex strategy. For instance, emergence of max/min for a fractal need not be consecutive. The analysis of the prices for cotton for the period of more than 100 years had led to the creation of the effective trade technique for the first time mentioned in the well-known easy forex charts «Trading chaos» by Bill Williams. Highs (or Lows) of bars must not necessarily descend from the central by degrees, but can simply be below (or above).
Currency pairs: majors, minors more Indicies.
Forex Fractals show Low and High of the price on a chart and is applied in a "breaking" strategy when the price leaves frames of Fractal.
In order to get trading signals, Forex Fractals trading system as a rule should be combined with Alligator Indicator which was also developed by Bill Williams.