Some trends in the market are the result of underlying cycles, and some are not. Using indicators whose formulas always assume these cycles exist is like skating on thin ice: a disaster waiting to happen. CFB measures market trend duration without assuming the presence of market cycles. CFB (Composite Fractal Behavior) works well whether or not price has cycle components.

In the above chart, the CFB (yellow line) rises when market price trends either up or down. CFB falls when the trend is broken.

For more information on CFB, go here.

• Visual results may vary, and will depend on chart time frame, chart bar type, market symbol and indicator parameter values.

• All Jurik indicators are optimized to display over a black background.