The Fractals Indicator is one of five Bill William`s indicators that allow to detect tje bottom or top. The technical determination of upward fractal has a range of a minimum of 5 consecutive bars where two bars with lower maximums are placed before and after the highest maximum. The opposite configuration (The range is five bars where two bars with the higher than the minimum are before and after the lowest value) is downward fractal. On the chart, Fractals have values High and Low; they are indicated by the down and up arrows.

a curve or geometric figure, each part of which has the same statistical character as the whole. Fractals are useful in modeling structures (such as eroded coastlines or snowflakes) in which similar patterns recur at progressively smaller scales, and in describing partly random or chaotic phenomena such as crystal growth, fluid turbulence, and galaxy formation.