New_Fractal_Lines – indicator MetaTrader 4

New_Fractal_Lines - indicator for MetaTrader 4
After reading the first “Chaos” by B. Williams I came up with the idea to implement not the “squat” bar, but the “squat” fractal. The idea: take the two nearby divergent fractals. Let the first (further in history) is downwards, the second (closer in history) is upwards. Calculate the delta of the fractal: (High[i+2] – … Read more