Williams Fractal Indicator

Do you already have the Williams Fractal Indicator coded (but called something different) in Optuma?


It is usually included in most charting packages, but I cannot find it in Optuma.



Hi Nigel,

You can use the following in a Show Bar for an ‘up’ fractal:

HIGH(2) < HIGH() and
HIGH(1) < HIGH() and
HIGH(-1) < HIGH() and
HIGH(-2) < HIGH()

However we do have the Pivot Labels tool which will highlight the bars for both the up and down fractals. Set the Min Pivot value to 3 and ‘Both’ for Display Type and Direction and it will label the highs and lows with at least 2 lower highs / higher lows either side:


Perfect. Thanks Darren.