MetaTrader Fractals

JXBlack

Active Trader
Sep 21, 2009
12
0
32
Does anyone know how these Fractal signals are determined? They look a little too good to be true.

Thanks
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,532
1,355
144
Odesa
www.earnforex.com
Do you mean standard Fractals indicator (by Bill Williams)? It's only good to show the maximums and minimums in the past, it will redraw itself when trying to show the max's and min's for the current situation. It's not some magic indicator to be that good :).
 

fxp

Banned
Oct 1, 2009
16
0
0
Fractal High is a candle whose high is bigger than its neighbours high. Fractal Low is the same for low. What does that has to do with fractals, only god known. Anyway, good signal if you confirm it with something more solid. And yes, it repaints.