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Date/Time: Fri, 26 Apr 2024 21:10:18 +0000

Post From: Bill Williams Fractals

[2015-07-03 16:44:00] Link To Thread - Link To Post [Go To First Post]
StevieD - Posts: 39
I grabbed the indicator explanation from another site and I glanced quickly at the SC code located in studies6.cpp. Based on my non-exhaustive analysis of your chart, YOUR (expected) markers DO NOT conform to the explanation of the indicator. Here is the explanation lift from elsewhere. Fractal Technical Indicator it is a series of at least five successive bars, with the highest HIGH in the middle, and two lower HIGHs on both sides. The reversing set is a series of at least five successive bars, with the lowest LOW in the middle, and two higher LOWs on both sides, which correlates to the sell fractal. The fractals are have High and Low values and are indicated with the up and down arrows.