Fractal Bill Williams
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Pierre Fermanian: In the theory, we shall consider 5 periods, but how about the indicator?
Why would think the standard indicator isn't five?
Pierre Fermanian:
In the theory, we shall consider 5 periods, but how about the indicator?
The Bill Williams indicator finds 5 bar fractals.
One thing that I think is wrong about it is that it will draw a fractal before the last bar has closed. (It will remove it if the last bar high or low invalidates the fractal.)
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Dear community,
i have a simple question. How many periods are considered by the fractal indicator from Bill Williams included in MT4. It is very important for me.
In the theory, we shall consider 5 periods, but how about the indicator?
Best regards.
Pierre