Williams Fractals with Breaks

11 thg 5, 2022

This is a Bill Williams fractal indicator with breaks.

I was turned onto fractals and the importance of their breaks by ChaosTrader63.

I know several version of this indicator have been done.

I chose this as a first project because of it's simplicity , but also because of the poor code quality of some other versions I looked at.

This is the first draft that successfully met my three criteria:

* Must identify all fractals, including simultaneous up/down fractals.
* Must identify fractal breaks with a clear indicator.
* Must provide information on how many fractals

For the first bullet, I wanted to provide a more concise modern version than the boolean logic composition I was seeing in other examples.

The later two required tracking the past which was not present in the other versions I looked at.

Code here can be improved for more uses and better integration, but it is functional and elegant enough to use.

Thanks for checking it out.

Jolly Wizard

12 thg 5, 2022

Phát hành các Ghi chú

• Improved Code Cleanliness and Documentation.
  
• Changed break render size to `size.small` for more consistent readability.
  
• Break render size can be changed from input tab.
  
• Colors are configured as inputs with clear labels.
  
• Tested configurations and verified shapes, colors, and label toggle are available in either input or styles tab.
  

14 thg 5, 2022

Phát hành các Ghi chú

* Added price levels to break labels, and configured with templates to toggle visibility and order.
* Replaced magic number offset 2 with 3 and made it a configuration. 2 renders breaks in progress. 3 only confirmed breaks.
* Replaced copy and paste swaps with functions that consider break direction.
* Style consistency cleanup.