Fractals (Expo)

Fractals (Expo) make use of fractals to identify trends and reversals. The indicator is designed to adapt smoothly and quickly to significant price moves in order to identify trend reversals as well as filtering out noise in an established trend. The indicator is simple to use and understand therefore valuable to all trading styles.

The user has the ability to enable a custom input source which gives the user great flexibility and full control over what the calculations should be based on. The default input source is fractals from the swing points of the market.

• Real-Time Trend Alerts
  
• No Repainting
  
• Works on any market and in any timeframe
  

HOW TO USE

Use the indicator to gain insights into trends and trend reversals.

• Identify Trends
  
• Identify Trend reversals
  
• Use it as a Trend filter
  

INDICATOR IN ACTION

Daily Chart

I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!


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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/strategies/ideas are only for educational purposes!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below

Versionsinformation:

Improvements!

• Alerts Added
  

Versionsinformation:

Improvements!

• HH, LL, LH, HL Added.
  

Versionsinformation:

Improvements!

• High & Low Trend Added
  

Versionsinformation:

Improvements!

• Performance improvements (Zero lag on the Trend calculations)
  
• Trend strength line added
  
• Tooltip added