Adding Fractals to BullCharts

   You can move the location of the indicator dot by adjusting those numbers that multiply the H*1.008 (High) and the L*0.992 (Low).   If that's what you mean? 
  Currently thats just a fraction under 1% above and below the candles/bars.
3 bar fractals are often used as well.  I'll paste that when time permits.

Max  

Edited by maximo - 09 Oct 2010 at 8:43am

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maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 08 Oct 2010 at 8:16pm
	You can move the location of the indicator dot by adjusting those numbers that multiply the H1.008 (High) and the L0.992 (Low). If that's what you mean? Currently thats just a fraction under 1% above and below the candles/bars. 3 bar fractals are often used as well. I'll paste that when time permits. Max Edited by maximo - 09 Oct 2010 at 8:43am

Tanaka Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 08 Jul 2010 Posts: 18	Post Options Post Reply Quote Tanaka Report Post Quote Reply Posted: 08 Oct 2010 at 11:19am
	Thanks Maximo! That formula works well. Only problem is that I don't know how to have them connected to the candle sticks, it would be very convenient to have the up fractals sit just above the candles and the down fractal sit just below. Once again thank you! Tanaka

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 08 Oct 2010 at 6:02am
	Heya Tenaka, I have seen them on MetaTrader, but not on Bullcharts so here goes nothin lol. If you can paste a link to the Bill williams method of how it works then that would allow others to see the use of this thing :) [Description="Fractal of 5 bars, Max"] [target=price] { Fractal Highs } [linestyle=points; color=blue; width=5] If(H>ref(H,1) and H>ref(H,-1) and ref(H,-1)>ref(H,-2) and ref(H,1)>ref(H,2), H1.008,undefined); { Fractal Lows } [color=indian red] If(L<ref(L,1) and L<ref(L,-1) and ref(L,-1)<ref(L,-2) and ref(L,1)<ref(L,2), L0.992,undefined);

Tanaka Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 08 Jul 2010 Posts: 18	Post Options Post Reply Quote Tanaka Report Post Quote Reply Posted: 07 Oct 2010 at 3:51pm
	Hi guys, I have no programming knowledge other than cutting and pasting into the indicator builder. I have been using Bill William’s Profitunity System with my forex brokers platform and would like to add it to my BullChart. I need to add Fractals to my screen. Fractals - 5 bars sequence where middle one has highest High / lowest Low and its preceded and followed two bars have lower highs / higher lows preceded by two lower highs and is followed by two lower highs: { Defining up fractal ) = High1 := Ref(HIGH,-2); High2 := Ref(HIGH,-1); High3 := Ref(HIGH,0); High4 := Ref(HIGH,1); High5 := Ref(HIGH,2); If((High3 > High1) AND (High3 > High2) AND (High3 > High4) AND (High3 > High5), High3,0); {Defining Low Fractal } = Low1 := Ref(LOW,-2); Low2 := Ref(LOW,-1); Low3 := Ref(LOW,0); Low4 := Ref(LOW,1); Low5 := Ref(LOW,2); (If((Low3 low5), Low3,0)) Anyone know how to do this? Help would be much appreciated!