Modern Fractals is an improved Fractals indicator.
- Does not repaint
- Has a parameter for setting the fractals search radius
- Does not produce two signals on one candlestick
The standard Fractals indicator has a radius of 5 candlesticks, so it analyzes a combination of five candlesticks. To obtain the same parameters in this indicator, set the radius of 2.
- Radius - fractals search radius.
The standard indicator is redrawing, therefore there may be slight mismatch with the standard Fractals.