Some trends in the market are the result of underlying cycles, and some are not. 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.

Here we see CFB displayed with a heat map whose brightness is proportional to CFB value. This offers another way for the user to view changes in trend duration.

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.