Advanced Fractal

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Re: Advanced Fractal

Postby ndx100 » Mon Nov 21, 2011 7:42 am

thank you very much.. :)
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Re: Advanced Fractal

Postby ndx100 » Mon Nov 21, 2011 1:27 pm

Apprentice wrote:Advanced Fractal Trend Overlay Added


Can you develop a strategy for this indicator? When nearest fractal broken up/down at the close of candle strategy opens buy/sell positions. (buy at open of the second green bar ,sell at open of the second red bar)

thanks again..
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Re: Advanced Fractal

Postby Apprentice » Mon Nov 21, 2011 2:02 pm

I'm one step ahead of you.
viewtopic.php?f=31&t=8283
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Re: Advanced Fractal

Postby ndx100 » Mon Nov 21, 2011 3:20 pm

Apprentice wrote:I'm one step ahead of you.
viewtopic.php?f=31&t=8283


wow :P
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3 Fractal indicator comparison

Postby nazaar » Fri Dec 02, 2011 4:29 pm

Hello,

this sounds like a very useful indicator. may i request, what is the difference between the three: advanced fractal vs. advanced fractal trend overlay vs. bf_advanced fractal?

also, the version on page 1, is that the most updated version?

thanks in advance.
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Re: Advanced Fractal

Postby Apprentice » Fri Dec 02, 2011 6:08 pm

advanced fractal
Fractal indicator with adjustable number of periods.

advanced fractal trend overlay
Is Overlay for the simple strategy that uses advanced fractal.

bf_advanced fractal
Shows the position of fractals from other (higher) time frames.
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Re: Advanced Fractal

Postby nazaar » Fri Dec 02, 2011 10:08 pm

Apprentice, as always, thanks for the fast response.

FXCM has a fractal indicator already and I compared theirs to advance fractal with periods set to 5, got the same result, as expected. I then changed advance fractal period to 7 and the results were still the same. I also tested it for 9, 11 and 13 but the results remained same each time. Should this be?

We know that a basic fractal is identified as (let's call this level 5):
HIGH: price sets a high with the 2 bars to the left and to the right having lower highs
LOW: price sets a low with the 2 bars to the left and to the right having higher lows

Adjusting the periods then to say 7 would mean (let's call this level 7):
HIGH: price sets a high with 3 bars to the left and 3 bars to the right having lower highs
LOW: price sets a low with 3 bars to the left and 3 bars to the right having higher lows

I was wondering if we could build on the existing advanced fractal indicator. That is, show all basic fractals but when level 7 or level 9, or a level 11 fractal appears the number 7,9 or 11 respectively would appear above or below the fractal symbol?

Thanks,
Nazaar

p.s. I can't believe I am studying fractals at 10pm EST on a Friday night and excited about it. :D
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Re: Advanced Fractal

Postby Apprentice » Sun Dec 04, 2011 5:02 am

Your request is added to the developmental cue.
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Re: Advanced Fractal

Postby Apprentice » Tue Dec 06, 2011 9:56 am

Requested can be found on the top most post.
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Re: Advanced Fractal

Postby sho-me-pips » Thu Feb 02, 2012 12:27 pm

I would like to use this only as a stoploss, could you add this as option or would it be easier to build new strategy?

Also add an option to add a few pips beyond the actual wick high or low.
"A hundred pips a day keeps the collector away"
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