Configurable Fractals Use Adjustable Bars Around a Center
Summary
The document describes a configurable fractal indicator in which the user chooses how many bars to examine on each side of a central bar. Changing these left and right window sizes allows the indicator to identify different fractal patterns, rather than relying on one fixed neighborhood.
No formula, trading rule, chart example, or performance evidence is provided. The description therefore explains a parameterization concept for a technical indicator, but does not establish how to select the bar counts or whether any configuration produces useful signals. Traders would need to define and evaluate those choices in their own market and timeframe before treating the resulting patterns as actionable.
Key ideas
- The indicator lets users set the number of bars considered to the left and right of a center bar.
- Changing those bar counts creates different definitions of a fractal pattern.
- The description gives no selection guidance or evidence about signal quality.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.