• From: Egypt- Saudi Arabia
  • Registered: 2009-12-12
  • Posts: 937

Topic: using new reference points instead high low close open

all indicators use O H L C as references to build indicators

My idea is " could we use fractals as a reference like OHLC !!!!!!


Any ideas

2 Reply by dr.B (edited by dr.B 2012-08-01 22:39:22)

  • dr.B
  • Member
  • Offline
  • From: Surrey, B.C. Canada
  • Registered: 2011-05-12
  • Posts: 89

Re: using new reference points instead high low close open

you mean like a First fractal(F) for the time period, a Max F fot the period, Min F and Last F for the period?

  • From: Egypt- Saudi Arabia
  • Registered: 2009-12-12
  • Posts: 937

Re: using new reference points instead high low close open

No
i mean considering the tip of any fractal and use its price inside the calculations of indicators