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OS Fractals

An up fractal is formed when a high is both preceded and followed by lower highs. A down fractal is formed when a low is both preceded and followed by higher lows.

Bill Williams uses a period of 2 (2 after and 2 before) to define a fractal. This indicator has 2 as default but lets you decide the range you want.

The indicator lets you also select alerts when price crosses an up of down fractal, which would usually mean to entry a position. This indicator works best when used with an alligator, as long signals are valid above the Balance Line and short signals are valid when triggered below the Balance Line.

Any comments for improvement are welcome.
Bill Williams IndicatorsprofitunityWilliams Fractal

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

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