The Williams Fractal is an indicator, developed by Bill Williams, that aims to detect reversal points (highs and lows) and marks them with arrows. Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop. It is often used in combination with the Alligator Indicator
with specific rules on when to enter and exit trades. A long signal would be if the fractal is above the alligator’s teeth and a short signal would be if the fractal is below the alligator’s teeth.