MultiFractal
- Indicators
- Ivan Butko
- Version: 1.2
- Updated: 5 November 2023
- Activations: 10
MultiFractal is a modified Bill Williams fractal indicator, supplemented by higher order fractals, the difference between which is four in size, similar to changing the time frame.
Advantages over the original terminal indicator:
- Convenience
- Visibility
- Information content
The indicator is convenient because you do not need to switch to different timeframes when working.
Visibility - in one chart you can see the structure of the chart from smaller to medium and large market movements.
Information content - visually we get more information about the graphics.
Now all trading strategies based on or based on the MultiFractal indicator will have an additional signal.
In addition, as you know, fractals can act as support and resistance levels. And in some trading strategies, show liquidity levels.
Wishing you great profits in trading.