The fractal indicator looks for possible reversals in the market. Fractal formations occur where there are five consecutive candles and the middle candle (the third) is either the highest high or the lowest low. When this fractal pattern develops it creates entry points for trades, with the top of the highest high being a buy signal when broken and the lowest low being a sell signal when broken. It is notable that this indicator is most accurate when used on higher timeframe charts (daily or greater), however there will also be far less signals generated.