Whale Fractal Levels (V1.0)

What it does

This indicator plots Fractal Levels (Bill Williams pivots) as horizontal lines and prints clean signals for:

BO+ / BO− → Breakouts through the latest fractal high/low

SW↑ / SW↓ → Liquidity sweeps (wick pierces, close rejects)

RE+ / RE− → Retests of the broken level after a confirmed breakout

Cyan = support (fractal lows).
Lilac = resistance (fractal highs).

How it works

Detects fractals with Left/Right = lr. A pivot is confirmed after lr bars on the right → the level itself doesn’t repaint.

Each confirmed fractal spawns a horizontal line extended to the right. You can limit how many lines stay on chart and auto-expire old ones.

Signals reference the most recent fractal high/low only and are edge-triggered (crossover/crossunder) with a cooldown so you don’t get a marker on every bar near the level.

A small state machine remembers the last breakout to validate the next retest.

Inputs (Settings)

Fractals

Left/Right (BW fractal) — Sensitivity of pivots (lower = more reactive, higher = cleaner).

MAX number of levels to display — Keep only the most recent N lines.

Level lifetime (bars) — Auto-delete lines after N bars to declutter.

Signals

Cooldown between signals (bars) — Minimum spacing between markers (anti-spam).

Show Breakouts (BO±) — Toggle breakout markers.

Show Sweeps (SW↑/SW↓) — Toggle sweep markers.

Show Retests (RE±) — Toggle retest markers.

Display

Show fractal lines / Line width / Line transparency (0..100)

Alerts (ready to use)

BO+ (Fractal), BO- (Fractal)

SW↑ (Fractal), SW↓ (Fractal)

RE+ (Fractal), RE- (Fractal)