Mn Fractal Store

Category: market_structure

An asymmetric Bill Williams-style fractal indicator that stores historical pivot peaks and troughs to identify breakout levels and support/resistance zones.

Formula

Peak = High[i] \text{ where } High[i] = \max(High[i..i+mSizeL]) \text{ and } High[i] = \max(High[i-mSizeR+1..i]) \\ Trough = Low[i] \text{ where } Low[i] = \min(Low[i..i+mSizeL]) \text{ and } Low[i] = \min(Low[i-mSizeR+1..i])

Inputs

• mSizeL (default: 4)
• mSizeR (default: 2)
• mHist (default: 50)
• mComm (default: true)
• mAlert (default: false)

See signal primitives and every published strategy that uses Mn Fractal Store on WOBR StrategyVerse.