Fractal Directional Bias: HH/HL vs LL/LH

3 ngày trước

This indicator is to help user to identify Directional Bias based on William Fractal.
It allows user to input the Fractal Depth.

For example of Fractal Depth = 3
Swing High: Current Candle High is higher than both the previous and the next Candle High
Swing Low: Current Candle Low is lower than both the previous and the next Candle Low

With Swing High and Swing Low identified, the indicator further categorised it into HH, HL, LH, LL. The indicator plot the background:
Green: When the first HH or HL detected
Red: When the first LL or LH detected


Note: The change of colour seems like have 2 candles delayed (for fractal depth 3) because it need 3 candles to detect the swing high and swing low.

3 ngày trước

Phát hành các Ghi chú

Bug fixed
- background colour not triggered correctly when the bullish and bearish state changed