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How to Trade Using Fractals

Williams' Fractals help determine levels of support and resistance.

To trade using fractals:

– you must choose a Japanese candlestick or bar chart;

– choose the "Fractals" indicator;

– choose the "Horizontal Line" indicator;

– create lines according to the last two fractals.

To open a "buy" trade, use green fractals, and to open a "sell" trade, use red fractals.

If the price passes upward through the upper line (resistance level; upper fractal), you can open a "buy" trade.

If the price falls through the lower line (support level; lower fractal), you can open a "sell" trade.