Default fractals indicator needs some work

Created at 15 Aug 2024, 13:12
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Waxy's avatar

Waxy

Joined 12.05.2015

Default fractals indicator needs some work
15 Aug 2024, 13:12


Hello Spotware,

(Reposted from cTrader Algo section)

I've found a few issues with the Fractals indicator that I think need to be addressed.

  • While it has a method for using it inside other indicators and robots, it doesn't have an overload for the shift parameter

//There's no method to input the shift value
_fractals = Indicators.Fractals(Period, Shift);

  • The minimum value for a fractal is 5, but a fractal could be smaller (using 3 bars should be the minimum)
  • The original Fractals indicator allows for even numbers, but it doesn't change it's output, which means it only processes odd numbers
  • Some users consider a fractal with two equal consecutive tops valid; others want to ignore it, it would be nice to have this as an option
  • It repaints, which is a problem for some users, it would be better if it waits for confirmation

Regards,


cTrader Automate
@Waxy