Fractals and Levels by JustUncleL

2017年8月3日

Even though there are a many other Fractal and Level indicators, this indicator has some unique features. The indicator will display Fractals, fractal levels and HH/LL points, they will only be drawn after they have completed. Also the indicator has options to :

• Show Ideal Fractals Only.
  
• Use Renko Style Fractals, where open/close values are used instead of high/low to find Fractals. This is used to show the correct Fractals when Renko Wicks are enabled.
  
• Has an optional Filter to only display Fractals that are above/below a MA Ribbon.
  

References:

• This code is based on [RS]Fractal Levels V8 by RicardoSantos
  

This is a Renko Chart with "Renko Style Fractals" enabled, notice that the wicks are ignored and only the true Bricks are used for Fractals:

2017年8月4日

發布通知

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• Modified close/open/high/low series data to security calls to use original candle data to find Fractals. This ensures correct Fractal finding when Heikin Ashi candles are used on the chart.
  
• NOTE:When using Renko charts always select "Renko Style Fractals"
  

2017年8月22日

發布通知

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• Added optional swing alert Arrows and alarmcondition.
  
• Hint: Alerts can be filtered using the MA filter option, but using reverse lengths: eg. 34 for fast MA and 13 for slow MA.