How to detect fractals and corresponding trend in Graph.

 
Hi there,

Can somebody help me how to detect fractals and if the fractal corresponds with a long/short trend in a graph?

Thx a million.
Fractals - Bill Williams' Indicators - Technical Indicators - Price Charts, Technical and Fundamental Analysis - MetaTrader 5 Help
Fractals - Bill Williams' Indicators - Technical Indicators - Price Charts, Technical and Fundamental Analysis - MetaTrader 5 Help
  • www.metatrader5.com
All markets are characterized by the fact that on the most part the prices do not change too much, and only short periods of time (15–30 percent)...
 
RLE:
Hi there,

Can somebody help me how to detect fractals and if the fractal corresponds with a long/short trend in a graph?

Thx a million.

Try my indicator.

Files:
Fracs.mq4  5 kb
 
Vasyl Nosal #:

Try my indicator.

Dear Vasyl, 

Many thanks, sorry for the late reply

Richard

 

Dear William,

Thanks for the advice, sorry for the late reply.

Richard