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Self-adjusting Cross of Two moving average
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=72098
Forum: 17 · Topic 72098 · 1 post(s)
Self-adjusting Cross of Two moving average
Apprentice · Sat Apr 16, 2022 9:38 am
The periods of the moving averages will be calculated based on two fractal indicators “Confirmation Level” - Define the Fractal Level
“Confirmations” - Define how many data points will be needed to calculate the Average
For standard Fractal Indicator use 2 as Confirmation Level A bullish fractal occurs when there is a low point with two higher low bars/candles on each side of it. A bearish fractal occurs when there is a high point with two lower high bars/candles on each side of it.
If 8 is used as Confirmation Level A bullish fractal occurs when there is a low point with eight higher low bars/candles on each side of it. A bearish fractal occurs when there is a high point with eight lower high bars/candles on each side of it.