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Khaos-Smart-Fractals

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Khaos-Smart-Fractals

This indicator draws fractals as well as drawing fractal breaks. A fractal break is when a bar closes beyond the last painted fractal at the time.


There are two types of fractal breaks.

1) First Fractal Breaks (FFB) which is the first break of a fractal in a new trend direction. Thereby signifying a new trend direction.

2) Continuation Fractal Breaks (cFB) which are fractal breaks that occur after a FFB, in the FFB trend direction, thereby signify a continuing of the trend direction.


The indicator paints an Triangle Up for Bullish Fractals, and a Triangle Down for Bearish Fractals.

The indicator will paint First Fractal Breaks with a Flag Icon and a label “FFB”.

The indicator will paint Continuation Fractal Breaks with a sequencing letters, where A is the first Continuation Fractal Break, “B” is the second, and “C” is the third and so on…

There are two dash levels to the right of the current price bar, these are at levels of the highest high of the last two bullish fractals, and the lowest low of the last 2 bear fractals. This can be used for trailing stops.

First Fractal Break Alerts are fully supported, via email, sms, and desktop notification, via TradingView


LEGAL STUFF:

Risk Disclosure
Futures , forex, stock, crypto and derivative trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results

Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results
發行說明
Fixed label sizing
發行說明
Added Setting to Show/Hide Fractal Points
發行說明
Logic update

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