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 Fractal Chaos Bands (FCB) indicator looks back in time depending on the number of time periods trader selected to plot the indicator. The upper fractal line is made by plotting high prices. The lower fractal line is made by plotting price lows. The Fractal Chaos Bands show an overall view of the price movement […]
The Fisher Transform attempts to normalize market prices, this makes the turning points in price stand out. Trading Strategy: 1. Always trade in the direction of the trend. 2. Look for extreme readings to signal potential price reversal areas. 3. Observe to see a change in direction of the Fisher Transform. This indicator may not […]
The Donchian channel is a trend-following indicator. ✔It is wise to use this in conjunction with another trend indicator like ATR or simply 2 moving averages.✔Only trade in the direction of the trend.✔The Donchian channel measures the high and the low of a previously defined range – typically of the past 20 candles. (You can […]
