Double Fractal Entry

📘 Overview

Double Fractal Entry is a structure-based indicator that identifies high-probability entry points using dynamic interaction between price and fractal levels. It combines classical fractal detection with custom logic for breakout and rebound signals, visually plotting entry, Stop-Loss, and Take-Profit levels directly on the chart.

This indicator is ideal for traders who rely on clear market geometry, offering a consistent approach to structural trading across all assets and timeframes.

🔧 Core Logic and Calculations

1. Fractal Mapping and Channel Construction

The script identifies upper and lower fractals based on a user-defined number of left/right bars. Once confirmed, fractals are connected into two channels:
- Upper Channel: connects all upper fractals
- Lower Channel: connects all lower fractals

Together, they form a real-time visual market structure used for signal generation.

2. Signal Generation: Breakout and Rebound Modes

Users can choose between two entry types:
- Fractal Breakout: a signal is triggered when price breaks beyond the last upper or lower fractal.
- Fractal Rebound: a signal is triggered when price rejects or reverses from a fractal zone.
Each signal includes:
- An entry arrow
- A horizontal line at the entry price
- SL and TP levels, calculated using the internal structure logic

3. Stop-Loss and Take-Profit Calculation

The SL/TP levels are not based on arbitrary points or ATR, but are dynamically determined using the distance between the latest upper and lower fractals (called a "fractal range").

This creates a volatility-adaptive risk structure, where TP and SL levels reflect the real rhythm of the market.

📊 Visual Elements on the Chart

- Fractals: Plotted as green/red markers above/below price
- Fractal Channels: Lines connecting same-side fractals (upper/lower)
- Entry Arrows: Show direction and type of entry (breakout or rebound)
- Entry Line: Horizontal level where signal occurred
- Stop-Loss / Take-Profit Lines: Drawn proportionally from fractal range
- Signal History: Optional display of previous signals for reference

⚙️ Inputs and Customization

You can configure:
- Fractal sensitivity (bars left/right)
- Entry type: Breakout or Rebound
- SL/TP distance (in fractal range units)
- Signal visibility and history depth
- Colors, widths, and line styles for all elements

🧠 How to Use

- Breakout Mode – Use when price shows momentum and trend structure (e.g., trending market)
- Rebound Mode – Use in sideways or reactive environments (e.g., pullbacks, ranges)
- Plan your risk with SL/TP already on the chart.
- Combine with volume, trend direction, or your strategy rules for confirmation.

This tool supports both discretionary trading and automated alert logic.

💡 What Makes It Unique

Unlike standard fractal or Zigzag indicators, Double Fractal Entry creates a dual-structure view that reflects the true swing structure of the market. Its logic is:

- Based on price geometry, not traditional indicators
- Adaptable to any volatility, thanks to dynamic fractal spacing
- Capable of filtering noise, especially in lower timeframes

The indicator also enables clean signal logic for those building trading systems, while providing immediate visual clarity for manual traders.

⚠️ Disclaimer

This indicator is designed for technical analysis and educational use only. It does not predict future market direction or guarantee profitable trades. Always combine tools with proper risk management and a well-tested strategy.

🔒 Invite-Only Script Notice

This is a closed-source invite-only script. It is fully built on proprietary fractal logic without using built-in oscillators, trend indicators, or repainting elements. Entry decisions and SL/TP levels are based entirely on price structure.