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Fractal Indicator

Open JoeTonDev opened this issue 2 years ago • 0 comments

The formulas for fractals are: Bearish Fractal= ​High(N)>High(N−2) and High(N)>High(N−1) and High(N)>High(N+1) and High(N)>High(N+2) ​ Bullish Fractal= ​Low(N)<Low(N−2) and Low(N)<Low(N−1) and Low(N)<Low(N+1) and Low(N)<Low(N+2) ​ where: N=High/low of the current price bar N−2=High/low of price bar two periods to the left of N N−1=High/low of price bar one period to the left of N N+1=High/low of price bar one period to the right of N N+2=High/low of price bar two periods to the right of N

JoeTonDev avatar Jul 18 '23 22:07 JoeTonDev