OPEN-SOURCE SCRIPT
已更新

ST Fractals With Percentage Difference

59
This indicator identifies Williams Fractals on your price chart, helping traders spot potential reversal points and short-term highs and lows. This changes default value to 1 and adds percentage difference similar to ST Fractals option on MT5

How It Works:

Up Fractals (▲): Plotted above a candle that is higher than its surrounding candles — a potential short-term top.

Down Fractals (▼): Plotted below a candle that is lower than its surrounding candles — a potential short-term bottom.

Fractals are only drawn if the price difference from the next candle exceeds a minimum percentage, to avoid signals caused by small fluctuations.

The script ensures that both up and down fractals never appear on the same candle, keeping your chart clear.

Settings:

Periods (n): Determines how many candles before and after are considered to find a fractal. Default: 2.

Min % Difference: Filters out insignificant fractals by requiring a minimum difference from the next candle. Default: 0.01%.

Usage Tips:

Can be used to identify support and resistance levels.

Often combined with trend indicators or moving averages to confirm reversals.

Works best in markets with clear trends or volatility, rather than very flat markets.

Visuals:

Green triangle ▲ → Up Fractal (potential top)

Red triangle ▼ → Down Fractal (potential bottom)
版本注释
change the short name
版本注释
change default input

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。