Improved Fractals

4.5

This is a modified Fractals indicator. It works similar the original Bill Williams' indicator, and is additionally enhanced with the possibility to change the top radius, in contrast to the standard radius of 2 bar. Simply put, the indicator checks the top and if it is the minimum/maximum in this radius, such a top is marked by an arrow.

Advantages

  • Adjustable radius.
  • Use for drawing support and resistance levels.
  • Use for drawing trend channels.
  • Use within the classical Bill Williams' strategy or in its modifications.

Input parameters

  • Radius — the radius of the fractal.

Extra

  • I regularly publish modified versions of standard indicators. You can find these indicators and my other applications here.
  • If you have ideas or need a modification of any indicator, please contact me—I will consider your suggestion and may publish it.
Avis 5
Thomson Sivongxay
39
Thomson Sivongxay 2019.03.06 04:57 
 

Depends on how you use it. For me i track it a shorter radius. Nothing is concrete in technical trading. You always got to monitor your trades. Thank you Denis.

Nam Phueng
205
Nam Phueng 2019.04.21 10:42 
 

Interesting adaptation. Thanks for sharing.

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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
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Tim Marco Talarowski
525
Tim Marco Talarowski 2025.09.16 12:20 
 

L'utilisateur n'a laissé aucun commentaire sur la note

KERE Mohamed
31
KERE Mohamed 2023.02.11 14:12 
 

Hello Mr. Glaz. Once again I express my gratitude to you for agreeing to allow me to download this indicator after deleting it from the list of marketed indicators. May the Almighty give it back to you a hundredfold. I use it mainly when it appears for the third time on my trend line before selling or buying depending on the market context. And that works wonderfully for me. Thank you once again because you have just made a person on earth financially profitable. Have a nice weekend in divine grace.

Nam Phueng
205
Nam Phueng 2019.04.21 10:42 
 

Interesting adaptation. Thanks for sharing.

Thomson Sivongxay
39
Thomson Sivongxay 2019.03.06 04:57 
 

Depends on how you use it. For me i track it a shorter radius. Nothing is concrete in technical trading. You always got to monitor your trades. Thank you Denis.

Matthew Todorovski
13132
Matthew Todorovski 2018.06.30 14:09 
 

L'utilisateur n'a laissé aucun commentaire sur la note

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