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.
Release Notes: Bug fixed.
Release Notes: RSI filter added.
Release Notes: Narrow range bar added.
Inside bar added.
Outside bar added.
Sandwich bar added.
Pin bar added.
Release Notes: Narrow range bar added.
Fakey added.
Release Notes: Improved the Fakey signal (F).
Added early Fakey signal (f).
Release Notes: Minor changes.
Release Notes: Plot Fractals added.
Release Notes: 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.
Release Notes: 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 Now the segment signal is not deleted if a segment series is no longer valid.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 ).
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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.
ramsay09 ramsay09
@ramsay09, sublite -> subtle, ...sorry.
@ramsay09 may I ask what the segments that you just added are?
ramsay09 DEAD_HUNTER
@DEAD_HUNTER, see your answer above...
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