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Thursday, 30 July 2020
Fractal Chaos Oscillator (FCO)
The value of Fractal Chaos Oscillator is calculated as the difference between
the most subtle movements of the market.
✔Its value moves between -1.000 and 1.000.
✔The higher the value of the Fractal Chaos Oscillator, the more one can say that it follows a certain trend.
✔When the FCO reaches a high value, we open the “buy” position.
✔ when the FCO reaches a low value it could be a sell signal.
I use this to add to my open positions in the direction of trend.
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