This indicator shows fractals in different timeframes. With the possibility of coloring the bars with any combination of current, daily, weekly and monthly timeframes.
The return points are calculated as follows: high > last 3 highs and close above highest low low < last 3 lows and closes below lowest high
The direction of higher timeframes fractals tend to be more durable and reliable. This indicator helps to find the fractal alignment of different timeframes, so that you can look for trade opportunities in the same direction as the higher timeframes and improve your chances.
Another awesome indicator. It would be amazing if you can add trend lines as per your Zigzag indicator @xdecow .
Thank you for the indicator though. :)
Gyanakrithik
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excellent and it works
buyfroi
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Hello! How is it that the fractals are not drawn on top of the highest or lowest period of a total of 5 time periods like the william fractal does? please help @xdecow
buyfroi
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hola
ocslegna
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amazing! Congratulations
aalsaad
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what does the color of bars refer to thanks for the indicator
Marzipug
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Been searching for hours and this is exactly what i was looking for :D thanks for sharing
adailislam
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Hi, how do I set an alert so that if the current timeframe changes to downtrend it will alert me? Would it be current up if crossing current down? Seem to be having trouble with this and any help would be appreciated @xdecow
Another awesome indicator. It would be amazing if you can add trend lines as per your Zigzag indicator @xdecow .
Thank you for the indicator though. :)