Two Fractals Trendlines

This study draws a trend line for the last two Bill Williams up-fractals and down-fractals.

Trend line break signals and alerts can optionally be added.
Notas de Lançamento: Bug fixed.
Notas de Lançamento: RSI filter added.
Notas de Lançamento: Narrow range bar added.
Inside bar added.
Outside bar added.
Sandwich bar added.
Pin bar added.
Notas de Lançamento: Narrow range bar added.
Fakey added.
Notas de Lançamento: Improved the Fakey signal (F).
Added early Fakey signal (f).
Notas de Lançamento: Minor changes.
Notas de Lançamento: Plot Fractals added.
Notas de Lançamento: Reverse fractals added.

Segments added (taken from Joe Ross' books). These Segments are an early trend detection method. I will add Segments to my "The Strategy - ..." script in the next days.
Notas de Lançamento: Changed segment signal plotting. Now the segment signal is not deleted if a segment series is no longer valid. By definition, the segment signal cannot be repainted. The segments follow higher lows and lower highs.
Definition of a valid long signal: there are three segments and the current candle high is higher than the last candle high (high> high ).
Notas de Lançamento: Tooltips added.
Trend line bug fixed.
Notas de Lançamento: General description added.
Notas de Lançamento: Minor changes.
Notas de Lançamento: Groups added. Minor chnages.
Notas de Lançamento: Pin bar detection improved and minor changes.
Notas de Lançamento: Screenshot issue.
Notas de Lançamento: Segments- signal and documentation improved/changed.
Notas de Lançamento: EMA cloud added.
Notas de Lançamento: Horizontal support and resistance lines added.
Notas de Lançamento: Multi time frame classic pivot points added.
Notas de Lançamento: Source for SR-lines added.
Notas de Lançamento: Attributes of drawn objects added.
Notas de Lançamento: Pin bar revised.
Notas de Lançamento: Divergence signal and momentum indication added.
Notas de Lançamento: Removed the momentum indicator. You can use the "RSI with BG" script for momentum indication where you can toggle between RSI and RSI Stochastic.
Minor changes/improvements.
Notas de Lançamento: Quarterly classic pivot points added. Maximum outputs with this script reached.
Notas de Lançamento: Minor changes.
Script de código aberto

No verdadeiro espírito TradingView, o autor deste script o publicou com código aberto, para que os traders possam compreendê-lo e verificá-lo. Um brinde ao autor! Você pode usá-lo gratuitamente, mas a reutilização deste código em uma publicação é regida pelas Regras da Casa. Você pode favoritá-lo para utilizá-lo em um gráfico.

Quer usar esse script no gráfico?


Amazing indicator. The new updates are top tier.
This is a method to detect a possible trend in an early stage. Of course you need entry and exit filters. As a flipping signal it looks quit poor. I have implemented these segments to see a backtest and how it works if it is traded in a mechanical way. If there are three segments, a breakout in segment direction is an entry signal. It is a sublite method to detect a new trend.
ramsay09 ramsay09
@ramsay09, sublite -> subtle, ...sorry.
@ramsay09 may I ask what the segments that you just added are?
ramsay09 DEAD_HUNTER
@DEAD_HUNTER, see your answer above...