Olyakish fractals 04 - fractal indicator
Olyakish fractals 04 - as it is easy to guess, the fourth version of the fractal indicatorwhich independently determines fractals on price charts and builds trend lines according to the last defined ones. These lines eventually play the role of supports and resistances.
Fractals:
— Green dot - green fractal;
— Red dot - squatting fractal;
— Brown dot - a fading fractal;
— Blue dot - fake fractal.
Commentary from ForTrader.org: olyakish fractals 04 - is a great indicator if you use fractal theory and graphical market analysis in your trading strategy.