Fractals ROC Alert

EURO / JAPANESE YENICE

תיאור

⋅ 7 מאי 2021 07:52

I am playing William's Fractals and got an idea to calculate each fractal's strength by these rules:

- downFractal. FractalROC = (close - lowest(n+1))/(open【2*n】-lowest(n+1))
- upFractal FractalROC = (highest(n+1)-close)/(highest(n+1)-open【2*n】)

And set up a level to filter small fractals.

Bigger FractalROC, Stronger trend

Rate of Change (ROC)Williams Fractal

תגובות

raul880

⋅ 9 ינו׳ 2023 22:23

Hi, jesse, great indicator but its delayed on popping up, im trying on 1 min chat, can u plz fix it if possible?

accountant77

⋅ 29 פבר׳ 2024 16:52

Rubbish indicator....just unlike other indicators....repaint 100%......

ukmpits

⋅ 13 נוב׳ 2023 04:38

@Jesse.Lau Sir, Is there any future update?Thanks mate

azizhaquek

⋅ 19 מרץ 2023 10:29

Great idea!!

JordanGray_SA

⋅ 13 יולי 2022 17:01

Hi Jesse, could you add in an alert for signals over ROC 3? If you could send it to me directly, I would appreciate it. Will happily share results.

srireddy120312

⋅ 15 יוני 2022 13:07

Hello Jesse, your indicator is very interesting. Can you please change code to make an alert above ROC 3 and share it with me. I will be grateful. Thanks

tomswebins

⋅ 15 אוג׳ 2021 22:01

This looks great Jesse. Is it repainting ?

Jesse.Lau

⋅ 15 אוג׳ 2021 22:41

@tomswebins, No, it is not repainting. But of course, it needs the current bar finished to paint the fractal on the last N bars.

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