The article describes construction of fractal lines of various types using trend lines and
fractals.
Abstract:
Fractals are used by practically all traders. However, if you ask them what a fractal is, they will at best answer
that it is an indicator in the Bill Williams' system. The more advanced traders will say that it is a sequence
of 5 bars where, if the middle bar's High is higher than those of other bars in the sequence, it is an Up fractal
and, if the middle bar's Low is lower than those of other bars, it is a Down fractal. As the phrase goes, "This
is all I can tell about the war”.
Abstract: