i-FractalsEx

pls do we have this indicator as EA,kindly forward to me

[email protected]

I did a little improved and more flexibile version of this nice indicator.

#define major   1
#define minor   0

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 LimeGreen
#property indicator_width1  1
#property indicator_width2  1

extern int leftPeriod = 6;
extern int rightPeriod = 6;
extern int errorInPips = 0;
extern int nrOfPips = 4;
extern int MaxBars = 2500;

double upper_fr[];
double lower_fr[];

int minPeriod, maxPeriod;
double factorPipsToPrice;//  = 1/MathPow(10,nrOfPips);
double errorInPrice;
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

void init() {
  SetIndexBuffer(0, upper_fr);
  SetIndexBuffer(1, lower_fr);

  SetIndexEmptyValue(0, 0);
  SetIndexEmptyValue(1, 0);

  SetIndexStyle(0, DRAW_ARROW);
  SetIndexArrow(0, 217);//SYMBOL_ARROWDOWN);//234

  SetIndexStyle(1, DRAW_ARROW);
  SetIndexArrow(1, 218); //233 SYMBOL_ARROWUP  

  minPeriod = MathMin(leftPeriod,rightPeriod);
  maxPeriod = MathMax(leftPeriod,rightPeriod);

  factorPipsToPrice = 1/MathPow(10,nrOfPips);
  errorInPrice = errorInPips * factorPipsToPrice;  
}

void start() 
{
  int counted = IndicatorCounted();
  अगर (counted < 0) वापस करना (-1);
  अगर (counted > 0) counted--;

  int limit = MathMin(Bars-counted, मैक्सबार्स);

  //-----

  double dy = 0;
  के लिए (int i=1; मैं <= 20; i++) {
    dy += 0.3*(उच्च[मैं]-कम[मैं])/20;
  }

  के लिए (i=minPeriod; मैं <= limit+minPeriod; i++) 
  {
    upper_fr[मैं] = 0;
    lower_fr[मैं] = 0;

    अगर (is_upper_fr(मैं, leftPeriod, rightPeriod)) upper_fr[मैं] = High[मैं]+2*dy;
    अगर (is_lower_fr(मैं, leftPeriod, rightPeriod)) lower_fr[मैं] = Low[मैं]-2*dy;
  }
}

bool is_upper_fr(int bar, int leftPeriod, int rightPeriod) { 
  int i;

  के लिए (i=1; मैं<=leftPeriod; i++) 
  {
    अगर (bar+i >= Bars) वापस करना (असत्य);
    अगर (उच्च[छड़] < उच्च[bar+i] - errorInPrice) वापस करना (असत्य);
  }

  के लिए (i=1; मैं<=rightPeriod; i++) 
  {
    अगर (bar-i < 0) वापस करना (असत्य);
    अगर (उच्च[छड़]< उच्च[bar-i] - errorInPrice) वापस करना (असत्य);
  }

  वापस करना (सत्य);
}

bool is_lower_fr(int bar, int leftPeriod, int rightPeriod) {
  int i;
  के लिए (i=1; मैं<=leftPeriod; i++) 
  {
    अगर (bar+i >= Bars) वापस करना (असत्य);
    अगर (कम[छड़] > कम[bar+i] + errorInPrice) वापस करना (असत्य);
  }
  के लिए (i=1; मैं<=rightPeriod; i++) 
  {
    अगर (bar-i < 0) वापस करना (असत्य); 
    अगर (कम[छड़] > कम[bar-i] + errorInPrice) वापस करना (असत्य);
  }
  वापस करना (सत्य);
}

Improvements:

1. changed colors,

2. changed arrows (exactly like Williams fractals)

3. custom left period and custom right period of the fractal,

4. custom number of pips

5. custom error in pips (more flexible comparing between current bar and left/right bars)

WOULD SOMEBODY PLEASE HELP ME. I DOWNLOADED IFRACTALsEX.MQ4, BUT IT DOES NOT COME UP ON CHART. iNDICATOR WINDOWS SAYS ITS THERE BUT NOTHING SHOWS. I TRIED "COMPLING", STILL DOESNT WORK. WHAT SHOULD I DO ?????????????????

Wonderful, एकदम सही Fractals-ZigZag! I love this Indicator! Thank You very, very much!

This indicator looks nice for average traders for a start.

धन्यवाद

The problem with Fractal indicators is usually you have to wait for the length of the fractal after its occurrence to actually find out it was a fractal. It appears this is the case for this indicator.

Do the arrows plot on the current price bar or six ( गलती करना ) periods after the occurrence of the high?

Dear ruffneck 75:
I think Yellow arrow (From bottom to top) means BUY & Red arrow (From top to bottom) means SELL. It seems very good signals at H4 and Upper time frames but if not be currective.
did u test it in different time frames for know currection specification of this inidicator?