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the fractal can only be formed or shown on MS two days after the
fractal is formed because it require two previous days and two after
days. It is a after the fact indicator and could be useful for trend
analysis.
KS
--- In equismetastock@xxxxxxxxxxxxxxx, Parthasarathy B
<parthaab@xxxx> wrote:
> Hi, K.S,
>
> "...like all fractal systems they are after the fact because of
the two bars needed infront and behind the fractal..".
>
> I have always had a fancy for the fractal trading system which
seems to work well with historical data. Your comments are news to
me.
>
> Are you saying that the indicator can potentially 'change' even 2
days after the event, thus helping only as a trend following
indicator?
>
> Thanks for your help
>
> Parthasarathy
>
>
>
>
> formulaprimer <formulaprimer@xxxx> wrote:
> Actually there is three fractal trading systems in Metastock.
> Profunity and two fractal systems. There are ok but like all
fractal
> systems they are after the fact because of the two bars needed
infront
> and behind the fractal.
> K.S.
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "sparkie1168"
<sparkie68@xxxx>
> wrote:
> > Hi All,
> >
> > Has anyone looked at the Fractal Trading System in Metastock?
> >
> > Good or Bad Comments.
> >
> > Regards
> >
> > DS
>
>
>
>
>
>
>
>
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