Fractal Indicator

[ssijbabu]

Hi All,

I am new to ninjatrader and i need a fractal indicator. I tried programming but i am unable to create a proper one. can someone try this?

Here is a document on fractal and a sample code.

1)Whatis fractal?

http://forexsb.com/wiki/indicators/fractal

2) Sample Code

http://forexsb.com/forum/topic/68/fractals/

Regards
Sujay

[sledge]

Interesting.

Can your post what you tried?

It would be easier for me to fix your code, rather than code it from scratch.

thanks.

Hi All,

I am new to ninjatrader and i need a fractal indicator. I tried programming but i am unable to create a proper one. can someone try this?

Here is a document on fractal and a sample code.

1)Whatis fractal?

http://forexsb.com/wiki/indicators/fractal

2) Sample Code

http://forexsb.com/forum/topic/68/fractals/

Regards
Sujay

[NinjaTrader_Bertrand]

Welcome to our forums here Sujay, did you look already into the Fractals indicators offered in our sharing section on these forums?

http://www.ninjatrader.com/support/forum/local_links_search.php?action=show&literal=1&search=fractal&desc=1

[ssijbabu]

Welcome to our forums here Sujay, did you look already into the Fractals indicators offered in our sharing section on these forums?

http://www.ninjatrader.com/support/f...fractal&desc=1

Hi NinjaTrader_Bertrand,

I checked the code of bwFractals? is it identifying all the 7 patterns?

[NinjaTrader_Bertrand]

Sorry would not be too familiar with both scripts you compare - however the fractal shared on our forums appears to be looking for the regular pivot pattern and up to 4 matching highs / lows to identify the fractal, I believe this comes very close to what you look for. Best would be comparing outcomes generated on your instruments / timeframes of interest.

[ssijbabu]

Interesting.

Can your post what you tried?

It would be easier for me to fix your code, rather than code it from scratch.

thanks.

Hi sledge,

Here is the code i tried. Only the upper Fractal line is coaded.

Regards,
Sujay

[koganam]

Hi sledge,

Here is the code i tried. Only the upper Fractal line is coaded.

Regards,
Sujay

The first thing that you need to do would be to correct your indexing. NT indexes in the manner exactly opposite to what you have done: the index for the bar 4 bars into the past is 4, NOT -4. etc.,

Once that is corrected, your code actually looks correct, but we can always do a review at that time, if you are still having issues.

[ssijbabu]

Hi All,
I finally completed the indicator. Thanks to all for you help.

Now i need to build a strategy using this.

Strategy 1:

Enter:
Enter long when the price cross upper line or short when the price cross lower line.

Exit:
At the end of the day (close price of the day).

Strategy 2:

Enter:
Enter long when the price cross upper line or short when the price cross lower line.

Exit: (Fixed Stop Loss or Take Profit)
When the price hits stop loss or take profit exit it.

Regards,
Sujay

[koganam]

Hi All,
I finally completed the indicator. Thanks to all for you help.

Now i need to build a strategy using this.

Strategy 1:

Enter:
Enter long when the price cross upper line or short when the price cross lower line.

Exit:
At the end of the day (close price of the day).

Strategy 2:

Enter:
Enter long when the price cross upper line or short when the price cross lower line.

Exit: (Fixed Stop Loss or Take Profit)
When the price hits stop loss or take profit exit it.

Regards,
Sujay

Nicely written, but you can make processing more efficient, if you exit after any one fractal pattern is met, instead of testing every pattern on every tick. Yikes .

IOW, use if ... else instead of if ... if.

This is especially true because you have already coded your pattern from the simplest to the most complex. You might as well exit as soon as you get the simplest pattern-match.

[ssijbabu]

Nicely written, but you can make processing more efficient, if you exit after any one fractal pattern is met, instead of testing every pattern on every tick. Yikes .

IOW, use if ... else instead of if ... if.

This is especially true because you have already coded your pattern from the simplest to the most complex. You might as well exit as soon as you get the simplest pattern-match.

Its Done. Here is the updated one.

[MichaelAlexander]

Hi is their an Fractal indicator for NinjaTrader 8? I tried this version but this seems not compatible for NT8.

[NinjaTrader_Bertrand]

One variant of this study was ported to NinjaTrader 8 and could be found in our sharing under this link - http://ninjatrader.com/support/forum...d=7&linkid=713