bill william farctals mt4 indicator

Bill Williams Fractals MT4 Indicator

Fractals aik technical indicator hai jis ko mashoor stock trader Bill William ny develop kia, jo hamen market ky top aor bottom ko understand krny madad deta hai forex trading market ky quotes main. William fractal isi ny introduce krvaya forex market main is ki book trading choas ma likha hai. yeh indicator aik makhsoos waqat ma market ki minimum aor maximum move ko show krvata hai. Yeh visually aik arrow bnata hai jis sy market ky top aor bottom ka maloom hota hai. isko directional pointer bhi kaha jata hai. fractal red bottom pointer down ward pointing market show krta hai. fractal top blue upward market ko show krta hai. Yeh fractal superimposed hota hai candlestick chart ki har candle jo ky bottom aor top py hoti hai. ap isky clor ko customize bhi kr sakty ho.

• Aik fractal up is waqat bnta hai jub 5 japanese combined middle sy maximum bn jati hain.
• Aik fractal down candle us waqat bnti hai jub 5 japanese candles combined down bn jain aor unki middle candles sy sari below close hon.

Using the Indicator in Practice

BILL william Fractal ma us waqat market ko buyer breakout smjha jata hai jub market ma jub fractal up aik dafa bn jata hai. Aor is ko down tb smjha jata hai jub aik fractal down bn jata hai apko ma is ki detail picrture sy bta deta hun apko asani sy samjh ajay gi apko bill willaim ka formula bhi easy samjh ajay ga.


Formula

For Fractal swing high following formula used

High (N) > High (N-2) and
High (N) > High (N-1) and
High (N) > High (N+1) and
High (N) > High (N+2)

For low swing following formula is used

Low (N) < Low (N-2) and
Low (N)< Low (N-1) and
Low (N) < Low (N+1) and
Low (N) < Low (N+2)

N current high ya low candlestick ko represent krta hai