ramsay09

Two Fractals Trendlines

This study draws a trend line for the last two Bill Williams up-fractals and down-fractals.

Trend line break signals and alerts can optionally be added.
Notes de version: Bug fixed.
Notes de version: RSI filter added.
Notes de version: Narrow range bar added.
Inside bar added.
Outside bar added.
Sandwich bar added.
Pin bar added.
Notes de version: Narrow range bar added.
Fakey added.
Notes de version: Improved the Fakey signal (F).
Added early Fakey signal (f).
Notes de version: Minor changes.
Notes de version: Plot Fractals added.
Notes de version: Reverse fractals added.

Segments added (taken from Joe Ross' books). These Segments are an early trend detection method. I will add Segments to my "The Strategy - ..." script in the next days.
Notes de version: Changed segment signal plotting. Now the segment signal is not deleted if a segment series is no longer valid. By definition, the segment signal cannot be repainted. The segments follow higher lows and lower highs.
Definition of a valid long signal: there are three segments and the current candle high is higher than the last candle high (high> high ).
Notes de version: Tooltips added.
Trend line bug fixed.
Notes de version: General description added.
Script open-source

Dans le plus pur esprit de TradingView, l'auteur de ce texte 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 les règles internes. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Commentaires

This is a method to detect a possible trend in an early stage. Of course you need entry and exit filters. As a flipping signal it looks quit poor. I have implemented these segments to see a backtest and how it works if it is traded in a mechanical way. If there are three segments, a breakout in segment direction is an entry signal. It is a sublite method to detect a new trend.
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ramsay09 ramsay09
@ramsay09, sublite -> subtle, ...sorry.
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@ramsay09 may I ask what the segments that you just added are?
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ramsay09 DEAD_HUNTER
@DEAD_HUNTER, see your answer above...
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