Thread: Fractals Paint
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Old 04-13-2007, 01:53 AM
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While reading some charts, I just got this idea pops up in my brain. Why don't I just reduce the lag to 3 bars. The normal Fractals use 5 bars to identify reversal formulation. That means the signal lags up to 5 bars. In typical small whipsaws, you'll see a lot of false signals. That is price going up when the Fractals show they should go down, or the other way around.

Attached FastFractals.mq4 is the fast version of Fractals Paint. I'm seeing some good improvement here. Look at the chart below, red bars are moving down and blue bars are moving up. This is not illusion, mate. The red or blue bars are painted at the open of the bars. WYSIWYG!
Attached Images
File Type: gif fast-fractals.gif (16.2 KB, 1217 views)
Attached Files
File Type: mq4 FastFractals.mq4 (2.3 KB, 813 views)
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