Do Fractals Repaint the Past

 

Can anyone tell me if Fractals repaint the past? It seems that it needs a candlestick on the right side of the indicator in order to confirm, so that means that fractals will be placed on bars in the past that have already closed. Is this correct? If so, how many bars back are they placed on? Just one?

Thank you.

 

fractals show the latest high/low by looking for bars to the right of it being higher/lower than the "marked" bar. if the bars on the left are low and the next bar is higher it will mark the lowest bar within the past range, 3 or 5 bars i think

 

A down fractal will be followed by 2 higher bars before the fractal is formed.

mart

Reason: