Thursday 23 July 2020

FRACTAL CHAOS BANDS (FCB)



  1. The Fractal Chaos Bands (FCB) indicator looks back in time depending on the number of time periods trader selected to plot the indicator.
  2. The upper fractal line is made by plotting high prices.
  3. The lower fractal line is made by plotting price lows.
  4. The Fractal Chaos Bands show an overall view of the price movement with not much of price fluctuations.
Buy Signal: Look for a closed above the upper line. Add to buy: Anytime price creates another close above the upper line. Sell Signal: In bear market look for a closed below lower fractal band. Add to sell: Anytime you see a new close below the lower band.

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1 comment:

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