The Fractals indicator works by scanning the chart for repeated candlestick patterns. Patterns are comprised of 5 consecutive candlesticks. This Indicator is a lagging indicator by design, but it is generally is used at large time frames to generate solid trade signals.
- Exchange Website to monitor
- Currency Pair to monitor for trade signals
- Update Speed
- Trade Signals
It is recommended to use this indicator with other technical analysis indicators for stronger trade signals. Users will generally want to use Fractals at higher time intervals.