Indicators: Fractal Bands

 

Fractal Bands:

A variation of the Bollinger Bands that incorporates findings from a fractal analysis

Author: Jean-Philippe Poton

 

bonjour hello

looks great to me

pls do u have the parameters for the 4 hours trading..

and do u have another way to express that we are near or on the band ....because my charts is allready very crowded !

*** what about fractal ichimoku ?

tks n gd day * bonne journee

lerecidiviste

 
lerecidiviste:

bonjour hello

looks great to me

pls do u have the parameters for the 4 hours trading..

and do u have another way to express that we are near or on the band ....because my charts is allready very crowded !

*** what about fractal ichimoku ?

tks n gd day * bonne journee

lerecidiviste

Hello,


No, sorry, I don't have the parameters for 4 hours timescale, and actually, even those I provided for 5 minutes are liable to change with time. The best I can think of, is to start with the default ones and to fine-tune them with time.

As for a method to know where the price is in relation to the band, without having the bands drawn, I guess you can just use the existing calculation and add up a computation of the difference between the current price and the level of the band, and have an alert whenever this latter computation comes below a certain level, without drawing the bands.

Fractal Ichimoku is a future project I intend to think on sometimes.

Bonne journee (ou plutot soiree, a cette heure) a vous aussi.

JP

 

Hi, thanks for sharing this indicator.

Here is an EA based on it : Fractal Bands EA

Reason: