Fractal Pattern Indicator MT5
Overview on Fractal Pattern Indicator
Fractal Pattern Indicator is the first indicator that allows you to analyse Fractal Patterns in price and time. Its concept and practical application were originally developed and researched by Young Ho Seo.
In Fractal space, price and time are the independent variables that we have to predict in our trading. The indicator is designed to predict the moves in price and time. Considering that time based strategy is rare, this is very unique indicator with full range of time analysis.
In doing so, this indicator uses the Fractal Decomposition Analysis (FDA technique was originally created by Young Ho Seo). Fractal Decomposition Analysis allows us to study the seperate Fractal Cycles in order (i.e. also known as Fractal Cycle Analysis).
The indicator will output the probability information for future turning point. You have an access to this probability information for small, medium, and large fractal cycles at the same time.
Trading Strategy with Fractal Pattern Indicator
1. Automated Gann's Angles (Gann's Fan) - measure trend strength with angled lines
2. Helping to detect more accurate rising wedge, falling wedge and triangle patterns
3. Improve trading performance with Harmonic Pattern and X3 patterns with probability filter
4. Trading with Mother Wave with high turning point chance
5. any other innovative methods
Before using Fractal Pattern Indicator, you must read this articles.
Article explaining about Automated Gann's Angles (Gann's Fans)
Article explaining Fibonacci Probability Grid
Article on how to use Turning Point Probability for your trading.
Article for the concept of Mother Wave and Child Wave
Article to configure the alert and signals for Mother Wave Pattern Detection (i.e. Trading Strategy 5).
Article explaining how to combine turning point probability with Harmonic Pattern, Elliott Wave Pattern and X3 Pattern.
Fractal Moving Average Indicator
Every Fractal Pattern Indicator users are adviced to use it with Fractal Moving Average Indicator together. The full
features of Fractal Moving Average indicator can be used with Fractal pattern Indicator. It is free.
Further Note about Fractal Pattern Indicator
Fractal Pattern Indicator can be used on its own. However, because this indicator provides valuable probability information for your
trading, you can always combine with different trading system like below:
Of course, you can switch on and off Gann's Angle from input setting. But we recommend to use together with Turning Point Probability + Fibonacci Retracement with Gann's Angle.
To switch off Probability Envelope study, set Use Probability Envelope = false