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  #41 (permalink)  
Old 07-25-2007, 03:34 PM
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Some good thread:

TASC 03/07 Fractal Dimension Index.
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  #42 (permalink)  
Old 08-09-2007, 08:13 PM
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Lightbulb FractalChannel Histogram Indicator

Here's an indicator I created using the same rules that I implemented on the original. There's no alert here, so anyone is welcome to implement it. The crux of the indicator is this: if the close goes out of the Fractal Channel, a buy/sell bar is drawn. Be warned, FractalChannel DOES repaint and it can do some 3-5 bars after the fact. Thus, wait for the bar to close before you enter. The first bar on the histogram is generally the signal bar, same color bars that follow only confirm the trend. Enjoy!
Attached Images
File Type: gif 070507_1.gif (11.4 KB, 1228 views)
File Type: gif 070507_2.gif (12.2 KB, 1229 views)
File Type: gif 070507_3.gif (13.0 KB, 1213 views)
File Type: gif 070507_4.gif (11.8 KB, 1221 views)
Attached Files
File Type: mq4 FractalChannelh.mq4 (2.4 KB, 259 views)
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  #43 (permalink)  
Old 08-10-2007, 01:15 AM
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hi

Quote:
Originally Posted by modulatum View Post
Here's an indicator I created using the same rules that I implemented on the original. There's no alert here, so anyone is welcome to implement it. The crux of the indicator is this: if the close goes out of the Fractal Channel, a buy/sell bar is drawn. Be warned, FractalChannel DOES repaint and it can do some 3-5 bars after the fact. Thus, wait for the bar to close before you enter. The first bar on the histogram is generally the signal bar, same color bars that follow only confirm the trend. Enjoy!
Thanks

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  #44 (permalink)  
Old 08-10-2007, 02:07 AM
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Quote:
Originally Posted by prasxz View Post
Thanks

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You're welcome
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  #45 (permalink)  
Old 08-10-2007, 02:14 AM
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If I were to use this indicator on a smaller time frame(5 or 15 min) for entries in the direction of longer term trend(1hr,4hr,daily), I need to wait for the bar that generated the buy/sell signal to close and if the buy/sell signal was still there, then it is a valid signal?

PS.Thanks for the indicator donation.
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  #46 (permalink)  
Old 08-10-2007, 02:27 AM
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Quote:
Originally Posted by RickW00716 View Post
If I were to use this indicator on a smaller time frame(5 or 15 min) for entries in the direction of longer term trend(1hr,4hr,daily), I need to wait for the bar that generated the buy/sell signal to close and if the buy/sell signal was still there, then it is a valid signal?

PS.Thanks for the indicator donation.
Yes. It is crucial to wait until the close. Let me know how it goes for you.
And you're welcome.
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  #47 (permalink)  
Old 08-10-2007, 04:22 PM
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Fractal Trader thread Fractal trader
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  #48 (permalink)  
Old 08-23-2007, 09:19 AM
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Fratals

Its my understanding that a fratal is printed when there are two candles on both sides of it that are either higher or lower then that candle.

Is there a altered Fratal out there that does this with 3 on each side?
If so please point me to it.
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  #49 (permalink)  
Old 08-23-2007, 12:18 PM
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You can use this indicator. Set the 'LevDP' to 3 instead of 2 in the 'indicator inputs'. All rest to false. It normally draws TD trendlines if all functions are enabled.
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File Type: mq4 Demark_trend_new.mq4 (13.9 KB, 149 views)
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  #50 (permalink)  
Old 08-23-2007, 01:00 PM
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Thanks that did the trick.
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