Fractals (TRUETRADERS)

Fractals Indicator by TrueTraders

The Fractals Indicator by TrueTraders is a powerful technical analysis tool designed to help traders identify potential market reversal points. Based on the classic concept developed by Bill Williams, this enhanced version highlights local highs and lows (fractals) on the price chart, making it easier to spot key turning points in market structure.

A fractal forms when a specific five-bar pattern appears:

A bullish fractal (potential reversal to the upside) occurs when a candle with the lowest low is preceded and followed by two candles with higher lows.

A bearish fractal (potential reversal to the downside) occurs when a candle with the highest high is preceded and followed by two candles with lower highs.

Key Features:

Clear visual markers on the chart for both bullish and bearish fractals

Helps identify key support and resistance zones

Useful for spotting trend reversals and entry/exit points

Can be use