Fractal based stop

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Fractal based stop

Postby mrskbrook » Wed Nov 17, 2010 8:52 am

Would it be possible to have a strategy that would be able to trail a sell stop on bearish fractals either one fractal back or two and only count fractals that are outside of a set number of pips from each other. This works because they are S/R levels and if they are within the set number of pips they are basically like one fractal not two or more. I definently need that feature for it to trail it right.
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Re: Fractal based stop

Postby Apprentice » Wed Nov 17, 2010 2:04 pm

Added to developmental cue.
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Re: Fractal based stop

Postby Alexander.Gettinger » Fri Nov 26, 2010 2:24 am

Please, see this strategy: viewtopic.php?f=31&t=2791
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Re: Fractal based stop

Postby mrskbrook » Sat Nov 27, 2010 11:39 am

I need it to sometimes trail the stop on every other fractal and when it does that to only count fractals that are X pips away from one another. Is that what the indent is for?
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Re: Fractal based stop

Postby Alexander.Gettinger » Tue Apr 16, 2019 8:48 pm

Please try this strategy:
Fractal_Based_Stop.lua
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