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

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?

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