Sunday 4 March 2012

Bill Williams Fractal System... A Possibility?

To help with these fractal breakouts I believe I'll start reading the book by Bill Williams on how he traded with fractals. The reason I haven't done this sooner is when I first started to day trade I would use the Alligator indicator. It was interesting at first, but I soon found out, at the time, is that it doesn't work as well as some other indicators I've come across, such as RSI or Stochastic.

But I've been dancing around with fractals long enough that I ought to, at least, try the original method used for this indicator. If I'm not mistaken, I think I have to throw in a couple other indicators I've written off a long time ago, such as Awesome and Accelerator. Well, I guess we'll see how it plays out.