Multi fractals

[refresc0]

This is my first indicator and hope you enjoy it!
It shows 5 different type of fractals for both Up and Down so total of 10. (See image for types).
This indicator helps avoid false fractals. It's not a strategy, it simply displays the fractals.

I would love to hear your feedback so feel free to test it and comment. ENJOY!

Multi Fractal.lua

(11.27 KiB) Downloaded 1170 times

Multi Fractal with Alert.lua

(18.33 KiB) Downloaded 905 times

This indicator provides Audio / Email Alerts if and when New Fractal is generated.

Compatibility issue fixed.
_Alert Helper is not longer needed.

[catpip]

Hi refresc,

Downloaded your file and run it a bit. I like your idea and I think it could be taken further.

1. Can you change the direction of the arrows so they match the pattern (i.e. if it's a Downtrend pattern, the arrow should point downward and be red, if it's an Uptrend the arrow should be green and pointing up?)

2. It is possible to make a version of it for 7 bars as well? It would probably have more patterns than those for the 5 bars version.

[refresc0]

Thank you for the feedback. The way this indicator is setup is the same as the standard Fractal where the arrow is placed on top of the actual fractal bar (mid bar).

Request #1 it is doable, however Request #2 is a bit more challenging as there could be way more variations with 7 bars. Feel free to PM me with more details and we can go from there.

Thx again!

[danilohyatt]

Hello,

I sent email confirmation Image and Invalidation of fractal multi regarding moving averages.

I await your comments.

Regards,

[refresc0]

hey Danilo can you post an image of how you set up the parameters of the indicator i tried to duplicate from the image you emailed me and worked fine for me
cheers

[juju1024]

Hi programer,

Can you create an alert, and possibility of choice fractal type please,

Cordialy,

thanks for indicator

[Apprentice]

Your request is added to the development list.

[Apprentice]

Multi Fractal with Alert Added.

[transformer]

hi can you create strategy based on this indicator:

buy when

1. uptrend fracal formed and price > up trend fractal
2.ideal fractal formed and price > ideal fracal
3.flat bottom formed and price >flat bottom

sell when

1.down trend fractal formed and price < down trend fractal
2.ideal fractal formed and price < ideal fracal
3.flat top formed and price< flat top fractal

thank you .

[juju1024]

Thank You for alert Apprentice