AI Hub 15 April 2023 What precisely does the fractal indicator entail in the realm of forex? Fractal Indicator: A Powerful Tool for Forex Trading The Fractal indicator is a powerful tool used by forex traders to identify and capitalize on potential trading opportunities. It is based on the concept of “fractals”, which are recurring patterns in price action that can be used to identify support and resistance levels. The indicator is designed to provide traders with an edge when trading in the foreign exchange (forex) market, as it helps them recognize potential entry and exit points for their trades. To understand how the Fractal indicator works, it’s important to first understand what fractals are. In mathematics, a fractal is a pattern that repeats itself at different scales. In forex trading, fractals refer to repeating patterns in price action that can be used to identify support and...
