Fractal modification

 

Hi all,

As we know Fractal (bill william) is an indi that "having

2

lower high at left and

2

lower high at right side'

Can we have a fractal that can be adjusted the

2

(can be 3 or 5) ?

Thanks,

anton

 
anton1:
Hi all,

As we know Fractal (bill william) is an indi that "having

2

lower high at left and

2

lower high at right side'

Can we have a fractal that can be adjusted the

2

(can be 3 or 5) ?

Thanks,

anton

anton

Check the one from this post : https://www.mql5.com/en/forum/general

 

Hi mladen,

Thanks for your help.

After compare the standard fractal (2 left and 2 right) with the 'fractal ajustable period (set 2 )' the result is different.

Please help.

Regards,

anton

 
anton1:
Hi mladen,

Thanks for your help.

After compare the standard fractal (2 left and 2 right) with the 'fractal ajustable period (set 2 )' the result is different.

Please help.

Regards,

anton

anton

Set the fractals period to 5 (2 to the left, 2 to the right + the center one) to get the same as built in fractals (like on the example). There will be some differences but that is due to how built in fractals are working - they do not honor the rules "to the letter"

Files:
fractals.gif  82 kb
 

Hi mladen,

yes, you are right.

Can you make make it 'adjustable of the left and right separately', so we can make fractal 2 at the left side and 5 of the right side?

Thanks,

anton

 
anton1:
Hi mladen,

yes, you are right.

Can you make make it 'adjustable of the left and right separately', so we can make fractal 2 at the left side and 5 of the right side?

Thanks,

anton

anton

Here is a version that can do that : fractals_-_adjustable_period_left_and_right.mq4

 
anton1:
Hi mladen,

yes, you are right.

Can you make make it 'adjustable of the left and right separately', so we can make fractal 2 at the left side and 5 of the right side?

Thanks,

anton

How do you plan to use that asymmetric settings in trading?

 
Mladen Rakic #:

anton

Here is a version that can do that : fractals_-_adjustable_period_left_and_right.mq4

i know this is coming some years late.... but is it possible to upgrade this tool to have certain properties

1...MTF capabilities

2...  adjustable/extendable Lines from the fractal points 

3.   option to chose how many fractal lines can appear in the past ..eg ... show only last n( n =3 or n=4) past fractal lines

4..  only updates fractal lines after candle close...no fractal line on the candle before the current candle

5... finally fractal lines update as price moves forward , keeping the last 3 or 4 fractal lines constant on the chart