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Power Fractals

2 179
This script is using fractals and other indicators/formulas to find long entries and exits.
It works best for volatile markets but I found it can work sometimes in ranging markets as well.
Don't take signals against the major trend as it also prints buy entries in bear markets (that are invalidated afterwards)
Notas de prensa
Improved the script and the detection algos.
Added entry points meant for scalping.
Notas de prensa
Improved the Entry Signal algo by including a MACD filter.
Notas de prensa
Plot MACD signal line moving up signal as green dot
Plot MACD signal line crossing over zero line signal as blue dot
Notas de prensa
Added alarm options for crossing between price and MA50.

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