Fractal Breakouts and Alligator Teeth for Multi-Layer Trend Signals
Summary
The visible portion of this strategy describes a trend system built around confirmed pivot highs and lows, termed fractals, and a smoothed price reference called the Alligator teeth. It stores the latest fractal levels and activates an upside or downside level when the corresponding level is positioned on the appropriate side of the teeth. A break through an activated level changes the internal trend state and resets activation levels, providing a structure for tracking directional breakouts.
The source excerpt is incomplete, ending before the remaining signal, order, and exit logic can be reviewed. It includes configurable trading dates and an EMA length, along with bot-related input fields, but the excerpt does not show how all of these are used. There are no stated backtest settings or performance results in the supplied text. Consequently, the fractal and trend-state mechanics can be described, but the full multi-layer strategy, its risk controls, and its empirical behavior cannot be assessed from this excerpt alone.
Key ideas
- The visible logic identifies pivot highs and lows using delayed fractal confirmation.
- Fractal levels are compared with a smoothed price line to determine which breakout levels can activate.
- A break above or below an activated level updates the strategy's directional trend state.
- The source excerpt ends before complete entries and exits are shown, and it contains no reported performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.