Fractal Based Support/Resistance lines Break Signal

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Fractal Based Support/Resistance lines Break Signal

Postby Apprentice » Sat May 08, 2010 4:37 am

FBSR Signal.png
FBSR Signal

Very interesting signal.

Generates Buy / Sell signal every time whene market break through last Up / Down fractal, lines of support/resistance.



In order to work you need to install FBSR indicator which can be found here.
http://fxcodebase.com/code/viewtopic.php?f=17&t=367#p606
Attachments
FBSR Signal.lua
(2.2 KiB) Downloaded 1204 times
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Re: Fractal Based Support/Resistance lines Break Signal

Postby lucky777 » Mon Jan 10, 2011 10:03 am

Hi Apprentice,
I have loaded the indicator it is working well. but when I tried to download the FBSR attachment then result comes error. It is not loading.
Any suggestion Please.
Many Thanks
Lucky777
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Re: Fractal Based Support/Resistance lines Break Signal

Postby Apprentice » Mon Jan 10, 2011 10:23 am

What error message you got.
I tested the signal and indicator, both work as expected,
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Re: Fractal Based Support/Resistance lines Break Signal

Postby Dhokahai1 » Mon Feb 23, 2015 5:33 am

Thank you....I am in the process of learning. Is there anyway to remove the overbought or oversold? I want to compare both for my own knowledge.????
baki marzi hai teri
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Re: Fractal Based Support/Resistance lines Break Signal

Postby Apprentice » Tue Feb 24, 2015 6:37 am

Can you clarify your request.
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Re: Fractal Based Support/Resistance lines Break Signal

Postby slider » Thu Mar 05, 2015 10:54 pm

Could this be modified to only send signals when breaking a bull fractal if the current price is above a moving average and sell trades when price is below the moving average? In other words, if price is above the MA, do not send a signal for breaking a bear fractal.

Please have a parameter to give the choice of Simple or exponential moving average and also a parameter for the number of periods in the MA?

Also, could there be a parameter where price has to go above / below the fractal a certain number of pips before the signal is sent.


Thank you

Steve
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