Hey amoeba how are you man? thanks for your indicator.

Can you explain please, whats the meaning of minimum ticks?


I want to set it up for the ES 5 fractal bars, but I dont understand the second parameter

Thanks man

drakomaass 

Hey amoeba how are you man? thanks for your indicator. Can you explain please, whats the meaning of minimum ticks? I want to set it up for the ES 5 fractal bars, but I dont understand the second parameter Thanks man

That's the minimum amount of ticks the swing needs to be to be qualified. If you leave it at 1, it means all swings with a strength of 5 will count

Thanks for this! How to install this to Ninjatrader 8? When I try to import it the format is not recognized.

amoeba 

@DebayanSen Not sure if this is exactly what you are after but I have another indicator that uses fractals to calculate the rotations then bins the rotation lengths to calculate 1st & 2nd SD's. It has two inputs, number of bars included in the fractal pivot & minimum ticks between H's & L's. I believe FT used 5bar fractals to calculate his rotations. (this could have changed)

@amoeba Thanks for your indicator attached (FractalSwingNT8v1.zip).
Anyhow : I attached (ZigZagUTG) indicator for NT8.

Kindly is it possible to help us with an idea in my mind ?

ZigZagUTG makes better rotations swings on longer term (ZigZagUTG does not reset at the beginning of each day - but continuously zigzagging regardless of day start) and it is better zigzagging on high timeframes (15min and above).

May I ask you to implement the (ZigZagUTG) as the zigzag basis into your FractalSwingNT8v1 indicator (without resetting at the beginning of the day but continuously zigzagging) : please use the ZigZagUTG attached to be the basis of zigzag swings into your indicator FractalSwingNT8v1 to show the mode swings and 70 & 90 percentile swings ; based on the swings identified by ZigZagUTG.

Thank you