This is a Bill Williams fractal indicator with breaks.
I was turned onto fractals and the importance of their breaks by ChaosTrader63.
I know several version of this indicator have been done.
I chose this as a first project because of it's simplicity , but also because of the poor code quality of some other versions I looked at.
This is the first draft that successfully met my three criteria:
* Must identify all fractals, including simultaneous up/down fractals.
* Must identify fractal breaks with a clear indicator.
* Must provide information on how many fractals
For the first bullet, I wanted to provide a more concise modern version than the boolean logic composition I was seeing in other examples.
The later two required tracking the past which was not present in the other versions I looked at.
Code here can be improved for more uses and better integration, but it is functional and elegant enough to use.
Thanks for checking it out.
Jolly Wizard
I was turned onto fractals and the importance of their breaks by ChaosTrader63.
I know several version of this indicator have been done.
I chose this as a first project because of it's simplicity , but also because of the poor code quality of some other versions I looked at.
This is the first draft that successfully met my three criteria:
* Must identify all fractals, including simultaneous up/down fractals.
* Must identify fractal breaks with a clear indicator.
* Must provide information on how many fractals
For the first bullet, I wanted to provide a more concise modern version than the boolean logic composition I was seeing in other examples.
The later two required tracking the past which was not present in the other versions I looked at.
Code here can be improved for more uses and better integration, but it is functional and elegant enough to use.
Thanks for checking it out.
Jolly Wizard
Информация о релизе:
- Improved Code Cleanliness and Documentation.
- Changed break render size to `size.small` for more consistent readability.
- Break render size can be changed from input tab.
- Colors are configured as inputs with clear labels.
- Tested configurations and verified shapes, colors, and label toggle are available in either input or styles tab.
Информация о релизе:
* Added price levels to break labels, and configured with templates to toggle visibility and order.
* Replaced magic number offset 2 with 3 and made it a configuration. 2 renders breaks in progress. 3 only confirmed breaks.
* Replaced copy and paste swaps with functions that consider break direction.
* Style consistency cleanup.
* Replaced magic number offset 2 with 3 and made it a configuration. 2 renders breaks in progress. 3 only confirmed breaks.
* Replaced copy and paste swaps with functions that consider break direction.
* Style consistency cleanup.