Fractals Paint - page 2

 

i know it's an old thread, but i can resist saying thanks Scorpion for this indi. I found a strategy that uses fractals but the default MT4 one definitly repaints (it uses the current price of the 5th candle instead of the close price.

So again, thanks

 
scorpion:
I think GBPUSD is better off with 1H timeframe (see attached chart). It's due to the fact that GBPUSD has higher volatility. It fluctuates up/down more frequently than EURUSD does.

scorpion

Should the fractals not be dependent on which timeframe its used on whether it be 30M or 1H? I do not know if its possible to correct this deficiency....

 

fractals show up as a little triangle on my mt4 charts instead of bars. why is that???

please reply, thanks.

 

Can the program be used on candlestick charts as well as bars?

Thanks

 

Bars only. It's a limitation of MetaTrader.

 

A recent D1 chart showing how good Fractals Paint is. Longing on blue is profit. Shorting on red is also profit.

 
scorpion:
Bars only. It's a limitation of MetaTrader.

Hi and thanks for the help.

I DID get it to show up on the sticks by enlarging the chart til it worked.

Will it be inaccurate>

Oddly... I can't get it to work on the bar charts!

LOL

THX!

Mike

 
scorpion:
Bars only. It's a limitation of MetaTrader.

I just figured out why it wasn't working...

I had saved a template for my charting prefs.

When I reverted to the standard chart template....BANG! There it was.... and MAN is it awesome!!!

Thanks again

 

Good to hear that.

 

Hi Scorpion!

Which do you think is better? Fractals paint or fast fractals? Also, is there a way that we can add an email alert to this indicator?

Thanks sooo much for sharing! :-)

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