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Fractal Based Support/Resistance lines Break Signal
Source: https://fxcodebase.com/code/viewtopic.php?f=29&t=984
Forum: 29 · Topic 984 · 6 post(s)
Fractal Based Support/Resistance lines Break Signal
Apprentice · Sat May 08, 2010 4:37 am
FBSR Signal
Very interesting signal.
Generates Buy / Sell signal every time whene market break through last Up / Down fractal, lines of support/resistance.
In order to work you need to install FBSR indicator which can be found here. http://fxcodebase.com/code/viewtopic.php?f=17&t=367#p606
Re: Fractal Based Support/Resistance lines Break Signal
lucky777 · Mon Jan 10, 2011 10:03 am
Hi Apprentice, I have loaded the indicator it is working well. but when I tried to download the FBSR attachment then result comes error. It is not loading. Any suggestion Please. Many Thanks Lucky777
Re: Fractal Based Support/Resistance lines Break Signal
Apprentice · Mon Jan 10, 2011 10:23 am
What error message you got. I tested the signal and indicator, both work as expected,
Re: Fractal Based Support/Resistance lines Break Signal
Dhokahai1 · Mon Feb 23, 2015 5:33 am
Thank you….I am in the process of learning. Is there anyway to remove the overbought or oversold? I want to compare both for my own knowledge.????
Re: Fractal Based Support/Resistance lines Break Signal
Apprentice · Tue Feb 24, 2015 6:37 am
Can you clarify your request.
Re: Fractal Based Support/Resistance lines Break Signal
slider · Thu Mar 05, 2015 10:54 pm
Could this be modified to only send signals when breaking a bull fractal if the current price is above a moving average and sell trades when price is below the moving average? In other words, if price is above the MA, do not send a signal for breaking a bear fractal.
Please have a parameter to give the choice of Simple or exponential moving average and also a parameter for the number of periods in the MA?
Also, could there be a parameter where price has to go above / below the fractal a certain number of pips before the signal is sent.
Thank you
Steve