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| Prediction of turning points based on ZZ on fractal calc.... https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3210 |
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| Author: | VlanFx [ Thu Oct 16, 2014 6:08 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Got it, thank you G. |
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| Author: | gg53 [ Thu Oct 16, 2014 7:14 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Vlan, Good job. Please remember that not all of them are VALID fractals. Also, please note that ZZ leg should connect only valid fractals. G. |
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| Author: | VlanFx [ Fri Oct 17, 2014 6:44 am ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Yes, I keep that in mind. At first, I wanted to implement the valid/invalid logic into the indicator, but then, when importing ZZ legs into my DB I would not know which ZZ legs are invalid because there would not be any invalid fractals  So I decided to show all. But when I think of it now, better solution would have been to add another input to show/hide the invalid ones. I might repost it when I have time.Thanks for noting. Vlan |
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| Author: | gg53 [ Fri Oct 17, 2014 3:54 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
How it all began - a Bed-time story...: Once upon a time I tried the Hurst indicator that I came acrros. It looked nice, but I couldn't find use to it in real Forex trading. I went the extra mile and read about the guy, Harold Edwin Hurst. It turns out that he was hydrology expert, studying the river Nile floods and overflows. Ok, I said to myself, now I understand why it doesn't work for me in Forex... HUGE mistake! A few years later I watched Bill Williams lecture, quite bored, until he started to mention "Natural flow", WATER, RIVER, and such. "...price will go where there is least resistance, like RIVER or WATER flow according to the river bed..." or something like that. Bells started ringing in my head... Suddenly I remembered what I read about Harold Edwin Hurst, who died years before (1978), and start digging. It turned out that "Fractal geometry" and "Fractal dimension" was the basis of Hurst hydrology research - combined with "Long time memory" of "Time series"... and I thought that Fractals are Bill Williams creation... Ahhhha, now I see the connection...and went to implement. Have a good night sleep... G. |
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| Author: | dudest [ Fri Oct 17, 2014 5:57 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
.. wait, don't you mean "Fractal geometry" as in Benoit Mandelbrot ? :) Deep stuff G, thanks! When I was single, these are the sort of clues I would spend my weekend on (and I have a long weekend coming up!); digging and un-earthing secrets and gems. Now with family, it's a lot trickier :) I actually tried out creating the sets in your last thread (really tried) but didn't go far. I came to realize I'm very poor at indis ( I get 'overloaded' by them pretty fast ). Then throw in the element of statistics (ZZ legs, et al), and it was a rock from there on. [ It's probably coz I learned how to trade (from the first weeks) on an empty chart, just candles, lines and sometimes Fibs ] I hope sooner rather than later I can get a free week (somehow) and really start to dig into this, deep inside I know there are gems waiting to be un-earthed... Cheers |
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| Author: | VlanFx [ Tue Nov 04, 2014 5:31 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Hi everybody, here is an updated version of the fractal indicator. By default it shows valid fractals only. To show also the invalid ones, just set the input parameter ShowInvalidFractals to true. Hope it helps. Vlan |
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| Author: | ssoftware [ Fri Nov 14, 2014 8:51 am ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Can you check this version that updated here I can not view the invalid fractals Thanks for your indicator |
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| Author: | sunnym [ Sun Nov 16, 2014 4:14 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Is this thread still active,have made a few discoveries l would like to share. |
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| Author: | VlanFx [ Sun Nov 16, 2014 7:24 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Hi ssoftware, I checked the uploaded version, it seems ok to me. Remeber, invalid fractals are hidden by default, you need to set the input parameter ShowInvalidFractals to true. Invalid fractals don't occur very often, usually over a weekend, holiday or if there is an error in data lika missing candle. The most recent invalid fractals (for AlpariUK broker) occured on November 7th and 10th and they are the last fractal on friday and the first one on monday. See attached screenshot. Hope it helps. Vlan |
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| Author: | VlanFx [ Sun Nov 16, 2014 7:32 pm ] |
| Post subject: | Prediction of turning points based on ZZ on fractal calc.... |
Hi sunnym, I sure hope it is Would love to hear what you found out Vlan |
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