Unlock Trading Success with the Fractal Chaos Bands Indicator on Pocket Option

Signing up is free and takes 5 secs…

Hello…how are you?

Today In this article, I am going to discuss one of the most unique trading indicators i.e. Fractal chaos bands. This indicator is a technical analysis tool that combines Fractal geometry and Chaos theory to help you identify possible trading opportunities.

What is the Fractal Chaos Bands Indicator?

Fractal Chaos Bands (FCB) is a very powerful technical analysis tool used by traders to identify upcoming trends and reversals. The indicator is made from the composition of two bands i.e. Upper Band and Lower Band. The security price oscillates around these two bands. When the price oscillates around the upper band it signals a bullish market and vice versa when the price oscillates around the lower band it signals a bearish market.

Key Points about Fractal Chaos Bands Indicator on Pocket Option

• Fractal chaos bands are the technical analysis tool that helps us to identify the upcoming trends and reversals using Fractal geometry and Chaos theory.

• When you unbox the indicator you will see the upper band and lower band which act as the support and resistance for the price and using these two bands you can easily identify the upcoming trend and reversals.

• The default period for the indicator is 2 you can even reduce the period. If you are going to trade with a short-period chart.

• You can find the volatility of a security using the two bands. When you notice a big distance between two bands it indicates high volatility and vice versa small distance between two bands indicates low volatility.

• You can easily spot the best entry and exit points using the bands with the green candle close near the lower band signals a good buy point and conversely, when the red candle opens near the upper band signals a good sell point.

How to find and set Fractal Chaos Bands on Pocket Option?

Fractal chaos bands are free to use and you can even use this indicator on the Pocket Option demo account. In order to add a Fractal Indicator on the Pocket Option follow the steps given below:

• Step 1: Log in to your Pocket Option account. As I said above you can even try this indicator on the Pocket Option demo account.

• Step 2: Click on the indicator button and search for Fractal chaos bands in the indicator list.

• Step 3: Next click the name. and change the settings of the indicator as per requirements.

Fractals Chaos Bands Strategy: Signals to open trades with Fractal Chaos bands

When the green candle closes near the lower band it signals a good upcoming bullish trend and here you can consider placing a buy trade.

Similarly, When the red candle opens near the upper band it signals a good upcoming bearish trend and here you can consider placing a sell trade.

Confirm the Trend with Support and Resistance

If you have read my previous articles, I have always suggested using a trend confirmator for better results and signals. With Fractal chaos bands, you can always use trend confirmators like Support and Resistance and other popular trend indicators like Super Trend & more.

You will get an even more strong buy trade signal when a green candle closes near the lower band plus it is near the support level Conversely,  You will get an even more strong sell trade signal when the candle closes near the upper band plus it is near the resistance level.

Which Indicator works best with Fractals?

You can use multiple indicators such as RSI, Stochastic & more. However, I use Support and Resistance to confirm the trend and it has given me great results.

Is Fractals a Good Indicator?

The Fractals Indicator is a powerful trading tool and offers easy early spots and reversals. Given below are the pros of fractal indicator

1> Identification of reversal points: Fractals can help you identify potential reversal points in the market which can be useful.

2> Simplicity: The fractal indicator is relatively very easy and simple to understand and implement.

3> Accuracy: I have said in my previous articles, that no indicator is 100% Perfect and so is the case with fractal indicator. However, The Fractal indicator is considered a very powerful tool that can give you almost accurate signals.

Try Fractal Chaos Bands Indicator on Pocket Option for free