Trading Energy Fractals — Indicator by emkill2005

oscillator trendanalysis movingaverage buy buysignal

This script uses fractals from 4 different sources to calculate a final fractal sequence. These fractals are then used to find entries and exits.
Fractals are calculated from PRICE, RSI, STOCHASTIC and STOCHASTIC RSI using a consensus algorithm.
At the moment it works only for long entries.
There are also 2 MA. (50 and 15) to help us determine the direction of the trend. Take only the entries in the direction of the trend.

Release Notes:

Minor fix. Uses close values in calculating price fractals instead of high/low

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