OPEN-SOURCE SCRIPT

Fractals Trend [BigBeluga]

2 110
🔵 OVERVIEW
Fractals Trend [BigBeluga] is a trend-following overlay that leverages fractal swing points to define dynamic support and resistance zones. By storing and averaging recent high and low fractals, it determines trend direction and plots a smooth band that flips depending on market bias—displaying support during uptrends and resistance during downtrends.

🔵 CONCEPTS
  • Fractal Swings: Fractals are identified using a customizable length. A high fractal forms when the current high is the highest in a range; a low fractal when the current low is the lowest.
  • Fractal Memory: The indicator keeps a rolling window of recent high and low fractals inside arrays, limited by the user-defined storage quantity.
    Pine Script®
    switch upperF => FracrtalsUpper.push(high[fractalLen]) lowerF => FracrtalsLower.push(low[fractalLen]) FracrtalsUpper.size() > fCount => FracrtalsUpper.shift() FracrtalsLower.size() > fCount => FracrtalsLower.shift()
  • Trend Detection: Price crossing above the average, min/max or median high fractals signals an uptrend; crossing below average, min/max or median low fractals signals a downtrend.
  • Dynamic Band Plotting: Depending on the trend, the script plots the average of either the upper or lower fractals as a trailing support or resistance line.
    snapshot
  • Visual Confirmation: Fractal labels appear as triangle markers at highs and lows, providing additional structural context.
    snapshot


🔵 FEATURES
  • Automatically detects high and low fractals using customizable length.
  • Stores a defined number of fractals to smooth out noise and reduce false signals.
  • Flips trend bias dynamically with colored band and smooth transitions.
  • Plots fractal-based support in bullish trends, resistance in bearish trends.
  • Triangle markers show real-time fractal highs and lows.
  • Fully configurable visuals, color themes, and fractal detection logic.
  • Clean, non-intrusive overlay that works on any market or timeframe.


🔵 HOW TO USE
  • Use the colored band as a directional filter: green = uptrend (support), orange = downtrend (resistance).
  • Combine with entry signals or break/retest strategies when price approaches the band.
  • Use triangle markers to confirm structural swing points.
  • Adjust Fractals Length to tune sensitivity—shorter values detect quicker shifts, longer values reduce noise.
  • Change the fractal bands type to adapt trend detection to different market conditions.
  • Use in conjunction with momentum or volume tools for confluence.


🔵 CONCLUSION
Fractals Trend [BigBeluga] offers a lightweight, intuitive way to track market bias using price structure alone. Its smart switching logic and clean visuals make it a powerful tool for trend traders seeking structure-based dynamic S/R—without laggy moving averages or overcomplicated signals.

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