This indicator has nothing to do with fractals!!!!
The technical definition of an up fractal is a series of at least five consecutive bars with two bars with lower highs in front of and behind the highest high.
A down fractal is exactly the opposite.
There is nothing like that in your variant.
MVS:
Vitaly, they are built by 3, 5, 7 bars, etc.
This indicator has nothing to do with fractals!!!
The technical definition of an up fractal is a series of at least five consecutive bars with two bars of lower highs in front of and behind the highest high.
A down fractal is exactly the opposite.
There is nothing like that in your variant.
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WASD_FR:
Fractals are generated using 3 previous bars (without redrawing because the current bar is not included in the calculation).
Author: Nikolay Kositsin