FRACTAL INDICATORS DISCUSSION NEW UPDATE

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FRACTAL INDICATORS DISCUSSION NEW UPDATE

FRACTAL EXPLANATION

         So this indicator has two characteristics, namely fractal up and also fractal down, now the fractal up is you fractal indicator which shows that the trend is moving up, while the fractal down shows that the trend is moving down, well in the middle of the fractal up and also the fractal down we can determine or look for a breakout well in this break out position we can make this as a trick to open prices, or also often called a breakout strategy. Indeed, most people use this fractal indicator because this indicator is one indicator that is easy to understand. And also many who use the breakout strategy. Well, what do you call this breakout strategy?

STRATEGY BREAKOUT

        This breakout strategy is where we open positions when this fractal indicator has a pattern of up down, up down, up down, but this up and down pattern has increased or sequentially for example this up pattern is up then the down pattern is also up, and so so on until a trend decline. well, in the middle of raising the trend we can determine the breakout by looking at indicators that have almost the same rising distance, then we open an up position with a short duration of time whereas if we want to open a lower position then the duration that we use must be more than 5 minute.

          Setting the period in the fractal indicator to number 7, and a little secret you can be more comfortable using this fractal indicator with the channel time setting at 5 minutes and also the period at number 7 and don't forget also I suggest you try it in your demo account before you dive into a real account.
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