FRACTAILS... again

 

Hi.

I posted this question a few months back and phy showed me it was solvable, but I couldn't reach him for the final code...

I'm trying to build an indicator that adds a horizontal 'tail' to a confirmed fractal (swing high/low)? A tail that ended ONLY at the point that the fractal was overtaken by price. like this mock up:

I think this would be very useful, not just for fractal-break traders like myself, but as an cumulative support/resistance indicator...

This is the chart that phy posted, showing it to be possible:

I was just trying to resurrect the request and get it on to a chart... :-)

Many thanks to anyone who can help (I'm a non-coder, btw)

 
fiveshorts wrote >>

Hi.

I posted this question a few months back and phy showed me it was solvable, but I couldn't reach him for the final code...

I'm trying to build an indicator that adds a horizontal 'tail' to a confirmed fractal (swing high/low)? A tail that ended ONLY at the point that the fractal was overtaken by price. like this mock up:

I think this would be very useful, not just for fractal-break traders like myself, but as an cumulative support/resistance indicator...

This is the chart that phy posted, showing it to be possible:

I was just trying to resurrect the request and get it on to a chart... :-)

Many thanks to anyone who can help (I'm a non-coder, btw)

Very interesting. I will try to take a look at that.