Volume-Considered Fractals for Identifying Price Swings

Summary

The document introduces an indicator that displays “squatter” fractals with regard to trading volume. It offers only this brief description, so the core concept is that volume is considered when marking fractal points or price swings. It does not explain how a squatter fractal is defined, what volume conditions qualify a point, or how the indicator differs from standard fractals.

The note identifies the indicator’s original implementation as an MQL4 publication from 2007. It provides no equations, parameter guidance, example interpretation, trading rules, or performance evidence. As a result, a reader can learn that the indicator combines fractal-style swing identification with volume, but cannot reproduce or evaluate the method from this text alone. Any use would require consulting the implementation and testing how its signals behave across instruments and market conditions.

Key ideas

• The indicator marks fractal-style price swings while taking volume into account.
• The document does not specify the volume rule or the definition of a squatter fractal.
• The indicator was first implemented in MQL4 and published in 2007.
• No trading rules or performance evidence are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.