Fractals Paint

[droesparky7]

This indicator confusses me, I cant understand how to use it.
I do like the news indicator window that is very good.

[Melpheos]

i know it's an old thread, but i can resist saying thanks Scorpion for this indi. I found a strategy that uses fractals but the default MT4 one definitly repaints (it uses the current price of the 5th candle instead of the close price.

So again, thanks

[et_phonehome_2]

Originally Posted by scorpion

I think GBPUSD is better off with 1H timeframe (see attached chart). It's due to the fact that GBPUSD has higher volatility. It fluctuates up/down more frequently than EURUSD does.

scorpion

Should the fractals not be dependent on which timeframe its used on whether it be 30M or 1H? I do not know if its possible to correct this deficiency....

[pips4u]

fractals show up as a little triangle on my mt4 charts instead of bars. why is that???

please reply, thanks.

[FxNutz]

Can the program be used on candlestick charts as well as bars?

Thanks

[scorpion]

Bars only. It's a limitation of MetaTrader.

[scorpion]

A recent D1 chart showing how good Fractals Paint is. Longing on blue is profit. Shorting on red is also profit.

[FxNutz]

Originally Posted by scorpion

Bars only. It's a limitation of MetaTrader.

Hi and thanks for the help.
I DID get it to show up on the sticks by enlarging the chart til it worked.
Will it be inaccurate>
Oddly... I can't get it to work on the bar charts!
LOL

THX!

Mike

[FxNutz]

Originally Posted by scorpion

Bars only. It's a limitation of MetaTrader.

I just figured out why it wasn't working...
I had saved a template for my charting prefs.
When I reverted to the standard chart template....BANG! There it was.... and MAN is it awesome!!!


Thanks again

[scorpion]

Good to hear that.