WASD_FR Fractal Indicator Using Three Prior Bars

Summary

WASD_FR is described as a fractal indicator formed from three previous bars. The current bar is excluded from the calculation, so the stated design avoids redrawing the already calculated fractals as the current bar develops. The document identifies WASD as the original author and notes that the indicator was originally written in MQL4.

This is a compact description of the indicator’s timing behavior rather than a complete explanation of its signal logic. It does not specify the exact conditions that qualify a sequence of bars as a fractal, how the plotted marks should be interpreted, or whether the indicator is useful for entries, exits, or market structure analysis. No examples beyond a referenced figure and no backtest or performance results are supplied, so further documentation is needed before applying it in a trading method.

Key ideas

• The indicator identifies fractals from three prior bars.
• The current bar is excluded from the calculation, preventing the described signal from redrawing.
• The original implementation was written in MQL4.
• The note does not provide the detailed pattern rules or evidence of trading performance.

Tags

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