Trading Binary Options using Fractal Indicator: Guide
Trading with the Fractal indicator is easy and reliable – it’s an effective way to analyze market trends in Binary Options and Forex. By recognizing the fractal patterns on the price charts, traders are better able to anticipate changes in the trend and position themselves accordingly. Setting up the Fractal indicator is relatively simple; after applying it to the chart, traders must identify the high and low pivot points to determine the direction of the trend. Once the trend is identified, traders can then look for entry points, such as a breakout or a retracement, to enter the market. While the Fractal indicator provides useful information about the direction of the trend, traders should always combine it with other signals and indicators to ensure accuracy.