Fractal Bands channel indicator: optimized version of the Bollinger Bands

Fractal Bands channel indicator - is a modification of the standard indicator Bollinger BandsThe "MetaTrader 4" terminal has a built-in feature.

In the Fractal Bands indicator, the bands are built according to the fractal method, which allowed to increase their width. In turn, this leads to reduction of false signals for entering the market and closing positions.

Fractal Bands indicator can successfully replace the standard Bollinger Bands in trading strategies involving channeling. Its use will allow to avoid false signals to open positions, thereby increasing the profitability of strategies.

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