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Trend
Williams Fractal
FRACMarks swing highs and lows by requiring a bar's high (or low) to be strictly greater (or lower) than the surrounding bars within the chosen period. Fractal Up dots appear at bearish reversal points above price; Fractal Down dots appear at bullish reversal points below price.
Tips
A Fractal Down below the Alligator's Lips triggers a buy; a Fractal Up above the Lips triggers a sell — this is the core of Williams' trading system
Only trade fractals that form outside the Alligator's teeth; fractals inside the 'mouth' are considered false signals
Parameters
Period
1 - 20