Indicator Advanced Fractal Overlay displays the chart as colored candles according to the price movement direction relative to the last upper or lower fractal.
There are no adjustable parameters.
- If the current close price is above the last upper fractal,
then the green candles will be displayed
- If the current close price is below the last lower fractal,
then the red candles will be displayed
Fig. 1. Advanced Fractal Overlay
Fig. 2. Advanced Fractal Overlay + Fractals