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Fractal Chaos Bands and Fractal Chaos Oscillator

Fractal Chaos Bands

The Fractal Chaos Bands indicator connects the highest/lowest price points on an interval with two lines and creates a band. The upper fractal line is made by plotting high prices and the lower fractal line is made by plotting price lows. The flatter the band is the more volatile the movement. The more the band resembles stairs, the trendier the movement. The bands show an overview of the price movement by filtering out the insignificant price fluctuations.

Fractal Chaos Oscillator

The Fractal Chaos Oscillator indicator is very similar, In a volatile market the indicator tends to return to 0. In markets that follow a trend, the graph of this indicator becomes chaotic and resembles saw teeth and essentially furthers itself from the 0 value either positive or negative.

 

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