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.