OPEN-SOURCE SCRIPT

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Two Fractals Trendlines

This study draws a trend line for the last two Bill Williams up-fractals and down-fractals.

Trend line break signals and alerts can optionally be added.

Release Note

Bug fixed.

Release Note

RSI filter added.

Release Note

Narrow range bar added.
Inside bar added.
Outside bar added.
Sandwich bar added.
Pin bar added.

Release Note

Narrow range bar added.
Fakey added.

Release Note

Improved the Fakey signal (F).
Added early Fakey signal (f).

Release Note

Minor changes.

Release Note

Plot Fractals added.

Release Note

Reverse fractals added.

Segments added (taken from Joe Ross' books). These Segments are an early trend detection method. I will add Segments to my "The Strategy - ..." script in the next days.

Release Note

Changed segment signal plotting. Now the segment signal is not deleted if a segment series is no longer valid. By definition, the segment signal cannot be repainted. The segments follow higher lows and lower highs.
Definition of a valid long signal: there are three segments and the current candle high is higher than the last candle high (high> high [1]).

Release Note

Tooltips added.
Trend line bug fixed.

Release Note

General description added.

Release Note

Minor changes.

Release Note

Groups added. Minor chnages.

Release Note

Pin bar detection improved and minor changes.

Release Note

Screenshot issue.

Release Note

Segments- signal and documentation improved/changed.

Release Note

EMA cloud added.

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Horizontal support and resistance lines added.

Release Note

Multi time frame classic pivot points added.

Release Note

Source for SR-lines added.

Release Note

Attributes of drawn objects added.

Release Note

Pin bar revised.

Release Note

Divergence signal and momentum indication added.

Release Note

Removed the momentum indicator. You can use the "RSI with BG" script for momentum indication where you can toggle between RSI and RSI Stochastic.
Minor changes/improvements.

Release Note

Quarterly classic pivot points added. Maximum outputs with this script reached.

Release Note

Minor changes.

Release Note

Uncommented daily and weekly pivot points (output restrictions). Added 6 month and 12 month pivot points.

Release Note

Script converted to Pine v5.

Release Note

Script revised.
1 week pivot point added.
Signals added/revised.

Release Note

HMA slope as background color added.
Trend line signals and bg signals can be displayed at the same time, now.

Release Note

Trend info panel added.

Release Note

Documentation issue.

Release Note

Bollinger Bands added.

Release Note

Minor modifications.

Release Note

Divergences labels removed.
Default settings changed.

Release Note

Added "Last 12". Due to output limitation (max. 64), I commented out the pin bar indicator.

Release Note

“Last 12” made variable.

Release Note

"Fakey" Signal revised. "Anticipated Fractal" (two bar breakout) added. Minor changes.

Release Note

Trendlines revised. Some minor changes.

Release Note

Partly revised.

Release Note

Background color signals revised and some new added.

Release Note

"Last 12 Bars" as BG added. Looks promising on the monthly SP500.

Release Note

A minor performance improvement. ATR to info panel added.

Release Note

BG signals revised.

Release Note

A minor outside bar update.

Release Note

1h Bug fixed.

Release Note

New BG Signals added.

Release Note

MTF for BG color Signals added. Trading sessions added. MTF Bar Overlay added.
"Credits to the author of 'MTF Candle Multi Hub' for the logic on positioning the overlay candles."

Release Note

Name issue.

Release Note

Some minor changes.

Release Note

Dokumentation Issue.

Release Note

Replaced the candle overlay with a box overlay, which provides a better overview.

Release Note

Minor Bar Overlay added.

Release Note

Some minor changes. FVGs added.

Release Note

Fractal alert added. PDH/L added. Spike Volume added. Parabolic SAR BG added.

Release Note

Made FVGs MTF.

Release Note

Made FVGs MTF Logic robust.

Release Note

Dokumentation Issue.

Release Note

Last Fractal S/R added.

Release Note

Made "Previous Day High/Low" MTF.

Release Note

Minor Changes.

Release Note

"Fractal Trend Lines" revised. If Fractal Size "0" is selected, the lines start at the last confirmed fractal and, using anchored linear regression (Best Fit), optimally follow the highs/lows of the subsequent candles to align with the current trend.

Release Note

Version Issue.

Release Note

Documentation updated.

Release Note

Session Style "Vertical Line" added.

Release Note

SMA and Pivots revised.

Release Note

H1 and H4 Pivots added.

Release Note

"Previous Candle High/Low" Bug fix.

Release Note

MA1 cross MA2 as BG added. Prev High and Prev Low plot now <= Chart TF.

Release Note

Minor changes. Bug fix.

Release Note

"Gradient Volume Profile" added.

Release Note

Bar Replay Bug fixed.

Release Note

Minor changes.

Release Note

Minor script performance improvement. FVG BGs added. 2nd MTF FVG added.

Release Note

UI revised. 1st Session Candle High/Low added.

Release Note

"S&R Lines" revised.

Release Note

Minor UI/documentation changes.

Release Note

Smart S&R revised. Removed some BGs.

Release Note

Minor issue.

Release Note

New BG Filter added. Minor Performance improvement.

Release Note

MA1/MA2 Color Bug fixed.

Release Note

Performance improved. Minor changes.

Release Note

Some further improvements.

Release Note

Panel revised.

Release Note

Partly revised. New features added.

Release Note

This script has been moved to legacy maintenance mode. No new features will be added. A new version is currently in development and will be published separately. " + "Recommended successor: SyncTrader Lite - Market Context & Confluence

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