Re: Advanced Fractal
Posted: Wed May 12, 2021 1:34 am
Great!
Thank you Apprentice.
Thank you Apprentice.
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Apprentice wrote:
Advanced, Fractal indicator allows you to change, length of time frame that is checked. The algorithm allows only odd numbers.
Changes in trend are registered as follows.
Up Trend.
The closing price is higher than the Up fractal.
Down Trend
The closing price is lower than the Down fractal.
Strategy based on Advanced Fractal Trend Overlay can be found here.
viewtopic.php?f=31&t=8283&p=18329#p18329
MT4/MQ4 version.
viewtopic.php?f=38&t=17244
Advanced fractal Labeling Tool will show you all the fractals, from 1 onwards,
and their weight.
1
3 Candles fractal
2
5 Candles fractal
3
7 Candles fractal
and so on.