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Bill M. Williams is a trader and author of books on trading psychology, technical analysis and chaos theory.
His study of stock market data led him to develop several technical analyses that identify trends in the financial markets. Indicators like Accelerator/Decelerator Oscillator, Alligator, Awesome Oscillator, Fractals, Gator Oscillator, and Market Facilitation Index are popular today in Forex, stock, and other financial markets.
Fractal or The Williams Fractal is an indicator, is developed by Bill himself, it aims to detect reversal points (highs and lows) and marks them with arrows. Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop. It is often used in combination with the Alligator Indicator with specific rules on when to enter and exit trades. A long signal would be if the fractal is above the alligator’s teeth and a short signal would be if the fractal is below the alligator’s teeth.
Let me know if you have more questions, we’re always happy to assist.