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Murray,
Changing the fractal data array to H from C shifts the S&Rs from Manoj
Abraham's formula slightly and decreases the hits, but if it matches the
wet dream who's complaining? I did the classic parenthetical flub in
the first attempt. Try this instead,
Cross(HIGH,Fml("up fractal")) AND
Ref(BarsSince(Cross(HIGH,Fml("up fractal"))),-1) >
BarsSince(LOW<Fml("down fractal"))
You may want to modify the 'LOW<' reset to something more appropriate.
Tested out on a chart this time and it seems to hunt. Never could
improvise without a scratch pad.
Craig
M Richards wrote:
>
> Craig,
> Thanks for the reply but that didn't seem to work. I modified the
> posted formula for fractal up to
> UP Fractal
>
> Ref( ValueWhen(1,(( HIGH > Ref( HIGH , -1 ) ) AND ( HIGH > Ref( HIGH ,
> -2 ) ) AND ( HIGH > Ref( HIGH , +1 ) ) AND ( HIGH > Ref( HIGH , +2
> ))),H),-2 )
>
> This takes the plot up to the most recent bar and appears to be the same as
> investors wet dream. Could you possibly have another look at the formula ??
>
> Murray Hindsight
>
> > Murray,
> >
> > You could establish a reset criteria based on a secondary condition.
> > Like,
> >
> > Cross(HIGH,(Fml( "fractal up ")) AND
> > Ref(BarsSince(Cross(HIGH,(Fml( "fractal up ")),-1)>BarsSince(Cross((Fml(
> > "fractal down "),LOW)
> >
> > In this example a reset occurs after a low reversal below the fractal
> > down formula. It could be anything else you consider appropriate to the
> > indicator range. Remember that these fractal formulas factor in rwo
> > future day results and as such are retrospectively enlightened and not
> > really prospective in current application.
> >
> > Craig
> >
> >
> > M Richards wrote:
> > >
> > > Hi,
> > > How do I write a formula that signals only on the first time that the
> > > security crosses a resistance level. ie If the security breaks
> > up and then
> > > retraces below the resistance level then breaks back up I only want the
> > > signal on the first break.
> > > I am using "Cross(HIGH,(Fml( "fractal up ")))" in an expert and
> > > exploration.
> > >
> > > Thanks
> > >
> > > Murray
> >
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