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Enhancement for Fractals_Mike indicator
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Created: by mmaker Attachments:3

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Enhancement for Fractals_Mike indicator

  #1 (permalink)
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mmaker's Avatar
 
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Enhancement for Fractals_Mike indicator

I am trying to do an enhancement for the Fractals_Mike indicator and I am getting a serialization error.

I added a variable Vlongflag to identify signals in the opposite direction. So for example if you go up through three levels and then drop down through a level the flag usually (not always) changes value identifying a turn and puts an arrow on the chart. This gets rid of signals that occur in the same direction.

The variable plevel is a dataseries. With plevel I am trying to export a stream of values to another indicator so I can show the directional changes in a subwindow. I think this dataseries is giving me the serialization error.

I have looked through various pieces of code both on futures.io (formerly BMT) and the web on how to deal with serialization. I have not been able to solve the issue.

Whoever wrote the original indicator does know how to serialize. Thanks to @Big_Mike and @PiCoTrader for the excellent indicator.

Anyways any help in getting rid of the serialization error would be greatly appreciated.

Thanks.

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  #2 (permalink)
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  #3 (permalink)
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mmaker View Post
I am trying to do an enhancement for the Fractals_Mike indicator and I am getting a serialization error.

I added a variable Vlongflag to identify signals in the opposite direction. So for example if you go up through three levels and then drop down through a level the flag usually (not always) changes value identifying a turn and puts an arrow on the chart. This gets rid of signals that occur in the same direction.

The variable plevel is a dataseries. With plevel I am trying to export a stream of values to another indicator so I can show the directional changes in a subwindow. I think this dataseries is giving me the serialization error.

I have looked through various pieces of code both on futures.io (formerly BMT) and the web on how to deal with serialization. I have not been able to solve the issue.

Whoever wrote the original indicator does know how to serialize. Thanks to @Big_Mike and @PiCoTrader for the excellent indicator.

Anyways any help in getting rid of the serialization error would be greatly appreciated.

Thanks.

Have put it on a chart and cannot see any arrows firing on the chart. Could you put a chart example showing this feature.

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  #4 (permalink)
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as requested

These arrows were generated with the indicator I posted in the above post.

I am not having a problem with the arrows. The problem I am having is because of the serialization issue the indicator cannot be saved as part of a template, so I would like to fix the serialization problem.

It is interesting to compare the signals this indicator generates compared to say what a macd or stochastic generates. That is what I am trying to do ultimately - to get a sine wave from the Fractals_Mike overlayed on a macd in the same sub-window.

I have done this - but with a serialization error - and it won't save.

If no arrows are showing in real time try setting the "Calculate on bar close" to true. That may fix the problem.

Attached Thumbnails
Enhancement for Fractals_Mike indicator-arrows.png  

Last edited by mmaker; September 27th, 2011 at 01:29 PM.
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  #5 (permalink)
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another possibility perhaps

Another possibility Perry is perhaps you have a conflict on the arrows????

Are you running other code that uses this structure.....

DrawArrowUp("arrow" + CurrentBar

I don't know if this would cause a conflict but I think it could cause non-uniqueness which I think is not good for the "Drawtext/DrawArrow" command.

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I couldn't find the Fractals_Mike indicator anywhere other than this thread.

Whoever wrote this indicator has done an excellent job of finding near term support and resistance.

I'm using this on CL, on a 5 minute chart, with a period of 5.
The key is that whenever the first blue or red dot pops up....you have to try to enter the trade and use the dot as your stop.

Sometimes, price will reverse sharply off the dot, and theres no opportunity to trade (other than chase it....which you NEVER want to do).

The best opportunities are when dot 1 has formed, and price is still hanging around the dot.

Whoever Big Mike is, I want to thank you for allowing Elite members access to all these free indicators.....they are simply fantastic....and do exactly what most of the "pay" chatrooms do.

The main reason I like this one is that there aren't a lot of settings to adjust....you load it, set the period, and you're done.

I'm going to try to post screenshots of my trading.

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SpyderTrader View Post
I couldn't find the Fractals_Mike indicator anywhere other than this thread.

Whoever wrote this indicator has done an excellent job of finding near term support and resistance.

Whoever Big Mike is, I want to thank you for allowing Elite members access to all these free indicators.....they are simply fantastic....and do exactly what most of the "pay" chatrooms do.

I think I posted it in the Downloads section, but probably someone has modified it since then and posted it in a thread.

As for who "Big Mike" is, you can check out the 3-hour webinar "An afternoon with Big Mike" to learn more about me and why I started the forum.

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  #8 (permalink)
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I found this indicator on the downloads section, however I couldn't locate a thread for it.

Can anyone send me the users guide for it?

Specifically, how to load more of the support and resistance lines?

The default only contains one set of lines, and its usually late in spotting turning points, at least on my default settings.

I would like to load at least 4 or 5 of the historical lines, intra day.

Thank you.

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  #9 (permalink)
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SpyderTrader View Post
I found this indicator on the downloads section, however I couldn't locate a thread for it.

Can anyone send me the users guide for it?

Specifically, how to load more of the support and resistance lines?

The default only contains one set of lines, and its usually late in spotting turning points, at least on my default settings.

I would like to load at least 4 or 5 of the historical lines, intra day.

Thank you.

Go to section 4 in the indicator and you can change the amount of historical lines to any number. Section 4.2.1 for S/R

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SpyderTrader View Post
I found this indicator on the downloads section, however I couldn't locate a thread for it.

Can anyone send me the users guide for it?

Specifically, how to load more of the support and resistance lines?

The default only contains one set of lines, and its usually late in spotting turning points, at least on my default settings.

I would like to load at least 4 or 5 of the historical lines, intra day.

Thank you.


I also would like to know if there is any documentation on this indicator, specifically for me understanding the background painting which I assume means projected fractal crosses?

Thanks

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