Williams Fractal Indicator

Optuma Forums Optuma Scripting Williams Fractal Indicator

This topic contains 2 replies, has 2 voices, and was last updated by  Nigel 8 months, 3 weeks ago.

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    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.



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    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:



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    Perfect.  Thanks Darren.

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