PROTECTED SOURCE SCRIPT
Trading Energy Fractals
Updated
This script uses fractals from 4 different sources to calculate a final fractal sequence. These fractals are then used to find entries and exits.
Fractals are calculated from PRICE, RSI, STOCHASTIC and STOCHASTIC RSI using a consensus algorithm.
At the moment it works only for long entries.
There are also 2 MA. (50 and 15) to help us determine the direction of the trend. Take only the entries in the direction of the trend.
Fractals are calculated from PRICE, RSI, STOCHASTIC and STOCHASTIC RSI using a consensus algorithm.
At the moment it works only for long entries.
There are also 2 MA. (50 and 15) to help us determine the direction of the trend. Take only the entries in the direction of the trend.
Release Notes
Minor fix. Uses close values in calculating price fractals instead of high/lowProtected script
This script is published closed-source and you may privately use it freely.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.