Fractal nature of the beast

[gobongear]

Thought I might try thinkorswim platform for some bond trading, once I figure out how to code some stuff...
The Amibroker screen shot shows how the center of price and time is a fractal.
The other two screen shots just give a glimpse of triad fractals
Structure tells the story and the answer is always there, ya just gots to see it...

 

[Thomas]

Here's a concept for you to try, Monthly chart use channel tool, mark a top area and a bottom support of price, then use your
trendline vertically to mark inside the toptop and bottombottom,...build the channel above and below with the length of the vertical trendline tool. No fractal
shall be down, they all move sideways to higher.......if not enough information on monthly drop to weekly. Although it maybe tedious in the beginning, the charts are always marked......once you move to a daily chart you will see the relation of support price and resistance, super helpful
in trading options, or deciding long or short. This is monthly of GDXJ,....you can clearly see support resistance and the clusters/fractal zones...

 

[Thomas]

Here's a concept for you to try, Monthly chart use channel tool, mark a top area and a bottom support of price, then use your
trendline vertically to mark inside the toptop and bottombottom,...build the channel above and below with the length of the vertical trendline tool. No fractal
shall be down, they all move sideways to higher.......if not enough information on monthly drop to weekly. Although it maybe tedious in the beginning, the charts are always marked......once you move to a daily chart you will see the relation of support price and resistance, super helpful
in trading options, or deciding long or short. This is monthly of GDXJ,....you can clearly see support resistance and the clusters/fractal zones...

Here's an example of MARA/Monthly, I left the vertical line visible,.....most of the time the clusters will line up and you can see how support resistance is built,......maybe sometimes youu need and adjustment, but afterward, they stay on your chart, dropping to daily will be interesting.

 

[gobongear]

Thank you Thomas,
Very interesting...

Always nice to get another angle on things.