Fractal Corridors — Indicator by OrcChieftain

Fractal Corridors is a lagging channel connecting Fractal highs and lows each with added/substracted pre-set value.

It is inspired and designed for Vladimir Poltoratskiy's trading style with his ST patterns (book: Forex Strategy: ST Patterns Trading Manual).

However, to keep the charts clearer, I used William's Fractals that require two previous and following candles to be higher/lower opposed to just one as described in the book.

You may choose to disable fractals and view the channel only.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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