Fractals are important S/R as well as quick profit potential levels when broken. We need an “indicator” that displays fractals on our chart. I currently draw these by hand.
Aloha Bruce, this is a common request. The problem is to my knowledge we can’t apply an indicator (e.g. a dot) to a bar in the past. Because fractals require a check on bars that happen “in the future” i.e. the high is greater than the bar two from now, it does not work. @BWeis could possibly comment here as this would be useful for many other indicators.
Tradingview and many other platforms have this indicator so I suspect it can be done. The Tradingview source code is also available, which I have if that helps. No worries, I draw them by hand for now.