Description
Williams Fractal Pro – Turn Fractals into a True Market Structure indicator
Classic Bill Williams’ fractals highlight potential turning points – but most indicators stop there.
Williams Fractal Pro takes this concept further by transforming fractals into a continuous framework of trend structure and dynamic support/resistance zones.
How it works
Each time a new swing high or swing low (fractal) forms, the indicator extends that level forward to build a trend plot.
Williams Fractal Pro follows this principle because each swing point represents buying and selling pressure in the market – the zones where price tends to reverse upward or downward.
The trend plot maps out market structure, showing where price is holding or breaking, much like the foundation of Dow Theory:
- Uptrend: higher highs and higher lows
