Description

With the fractals indicator for TraderEvolution trading platform you get the well-known fractals also for TE. Fractals are very good for finding distinctive areas/prices/zones for your trading. The extreme points show areas where the market has reversed. They are suitable as trend points (e.g. for trend lines) and as areas for support and resistance.

To get even better signals and extreme points, you can also set the aggregation to any timeframe. For example, trading on the 1-minute chart is suitable with fractals set to a 15-minute basis. You already get very good signals and can possibly optimize your trading even further.