A Trader's Guide to Using FractalsSince fractals are very common, they are best combined with other indicators or strategies. This means traders don't need to hunt for the pattern. What the EA does is finds the upper fractal, of the timeframe then the lower fractal, draws fractal trading system, then waits for price to break the fractal, your order is placed and you then cross your fingers and hold on to your pants if you are awake. The formulas for calculating the histogram bars are based on the options trading rate of return closing price. Fractals are best used in conjunction with other indicators or forms of analysis. To add comments, please log in or register.
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