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Williams fractals

A top or bottom with two lower highs (or higher lows) on each side.

+1 marks a top, −1 a bottom. A fractal is only confirmed two candles later, so the value appears with that delay.

In TradeXtool

Gate: Williams fractals is equal to −1.

Watch out

Every small wiggle produces fractals. On their own they mark noise as often as structure.

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