OPEN-SOURCE SCRIPT

Fractals | Swing Points | Highs & Lows | Custom Periods

Simple script which marks out key swing highs & lows.

One of the only indicators I have on the chart most days
- perfect for naked charting
- quickly helps you to visually identify key areas of interest

An extension of Bill Williams fractals
- aka short term swing points

Allows you to filter for only the most prominent swing points
- you can even overlay multiple swingpoint filters in different colours (as per example chart)

The number ( Fractal Periods) is simply:
- the number of less prominent points either side of your swing high/low
- example shown on the chart

Otherwise make a fist
- look at your 5 knuckles
- swing high is your middle knuckle
- 2 lower points either side

Bill Williams Original Fractal:
Fractal Periods = 2

Your Fractal Period for Filtering:
3, 4, 5, 30, 365, etc

Allows you to find swing points down to:
Fractal Periods = 1

Simple, easy, shared to enjoy =)
Bill Williams IndicatorshighKEYLOWperiodspivotpointsrotationsswingTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

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