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| no fractals |
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aigar88
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| Post subject: no fractals |
Post rating: 0
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Posted: Fri 13 Feb, 2015, 08:10
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User rating: 0
Joined: Wed 04 Feb, 2015, 15:58
Posts: 21
Location: FinlandFinland
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Hello.
I would like to make a strategy with fractals but there is no fractal indicator on visual jforex.
How could i make my own?
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amine_chourou
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| Post subject: Re: no fractals |
Post rating: 0
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Posted: Fri 13 Feb, 2015, 09:27
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| Visual JForex expert at Dukascopy |  |
User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
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Hi,
Fractal Indicator it is a series of at least five successive bars, with the highest HIGH in the middle, and two lower HIGHs on both sides. The calculations of the highest highs / Lows is indeed possible but the question is how will you use these data ?
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aigar88
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| Post subject: Re: no fractals |
Post rating: 0
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Posted: Sat 14 Feb, 2015, 07:13
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User rating: 0
Joined: Wed 04 Feb, 2015, 15:58
Posts: 21
Location: FinlandFinland
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Sorry for the late reply.
I was planning to use fractals to determine market conditions.
Is the price trending up or down or is it ranging. And if ranging then how big is distance between swing hi\low.
If price is trending then apply a trending strategy and if ranging then trade between hi\low or place a pending order for breakout. Depending on distance of hi\low.
Regards.
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amine_chourou
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| Post subject: Re: no fractals |
Post rating: 0
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Posted: Mon 16 Feb, 2015, 09:49
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| Visual JForex expert at Dukascopy | |
User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
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Alright,
I'm not sure what you are willing to do but I'll let you do it using the attached example that retrieves the Highest and lowest from a set of candles. Up to you to insert it in your strategy and develop your idea.
Cheers
| Attachments: |
Highest_Lowest_1.vfs [27.05 KiB]
Downloaded 182 times
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
on their content. Anyone accessing this webpage and downloading or otherwise making use of any document,
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the use and/or reliance on any document, data or information found on this webpage.
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aigar88
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| Post subject: Re: no fractals |
Post rating: 0
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Posted: Mon 16 Feb, 2015, 12:48
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User rating: 0
Joined: Wed 04 Feb, 2015, 15:58
Posts: 21
Location: FinlandFinland
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Awesome!
Thank you very much.
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ijayakumar
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| Post subject: Re: no fractals |
Post rating: 0
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Posted: Mon 26 Oct, 2015, 10:04
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User rating: 0
Joined: Tue 29 Sep, 2015, 22:39
Posts: 7
Location: Saudi Arabia, Jeddah
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Hi,
Can you please brief a little about the "Highest" and "Lowest" variable used in this VFS? Why it is assigned to '0' and '2000' respectively and at last again assigned to CandleGroup value?
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