Fractals (Bill Williams)

分形

Stock TechnicalP2Patterns/CandlesticksApplies to: US stocks

Definition

A simple geometric pattern identifying local highs and lows.

Formula

Up fractal=a bar whose H is higher than the 2 bars on each side; down fractal=a bar whose L is lower than the 2 bars on each side

How to read it

Marks micro support/resistance; commonly paired with Alligator.

Inputshigh, lowOutputpattern
Data source: H, L. Public knowledge, not investment advice.

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Related indicators

Reference metadata — public, well-known indicator definitions. Not investment advice.