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How to plot 'fractal' type arrow indicators

  • Post #1
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  • First Post: May 25, 2007 12:41am May 25, 2007 12:41am
  •  ChesterB
  • | Joined May 2007 | Status: Daytrader | 156 Posts
anyone know how to do this in an indicator ? instead
of the usual line ?

i mean like the williams fractal indicator uses those little arrows
above certain bars. How can we get that effect?
  • Post #2
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  • Edited 1:57am May 25, 2007 1:31am | Edited 1:57am
  •  witchazel
  • | Joined May 2006 | Status: Member | 292 Posts
sorry missed the question before


SetIndexStyle(0,DRAW_ARROW);
SetIndexArrow(0,174);
SetIndexBuffer(0,up);


if you hilite setindexarrow and press f1, it will show you how to get to the ascii list so you can pick your symbol
 
 
  • Post #3
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  • May 25, 2007 1:43am May 25, 2007 1:43am
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
Do a search for "draw arrow" in the metaquotes codebase catalogue:

http://codebase.mql4.com/

You can find several examples that could fit your query.
 
 
  • Post #4
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  • May 25, 2007 12:36pm May 25, 2007 12:36pm
  •  ChesterB
  • | Joined May 2007 | Status: Daytrader | 156 Posts
thanks !
 
 
  • Post #5
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  • Last Post: Sep 14, 2007 12:09pm Sep 14, 2007 12:09pm
  •  tonyj
  • | Joined Mar 2006 | Status: Member | 101 Posts
I'm an octogenarian...who made it in commodities years ago. There's some
stuff on this forum that turn out to be JOKES. I'm serious about "fractals"
in regard to trading. I disagree with Benoit Mandelbrot's book that tried to
deal with the market with his coining the word..."FRACTAL GEOMETRY". The
guy is a great mathematican....but he ain't no trader. His book is an absolute
"zero" as far as a gift to enhance your coffers. You've got them coming out
of the wood work with all kinds of schemes injecting the word "fractals" as
a selling point. Some with hefty prices.. I think it was Barney and Baily who
came out with the slogan, "There's a sucker born every minute"....or maybe
it was W.C. Fields, for those of you who may have heard of him. I'm not a
mathematican. My abstract science with numbers is limited to elementary
calculus, just enough to solve electrical engineering problems as well in the
nuclear field. So far, I haven't seen anything out there to suggest anything
remotely a conducive trading support. The suggestion of "Fractal Edge" is
another bastard child of Bill Williams fractal indicator. And it is a beautiful
piece of work that would envy Lord Harry himself. Perhaps even Auld Hornie.
There is a solution to any fractal elements in the market, but it comes with
a Cantor Set or reverse Sierpenski's trangle. The Cantor Set is somewhat
its middle portion of the line in like-phase to the pivot point. The pivot
point is imprisoned with the mid 1/3 range of any time-frame. So right there
you have a Cantor Set preadventure and even blinking lights with Sierpenski.
The whole market as a trading corridor begins with the "ticks". My contention
of the market is a quadrant with the trading session being strictly adjusted
to the 1st and 4th quadrant...and at end of that daily trading session it
ends up in the 2nd and 3rd quadrant with its series into infinity. It's my
version of the Cartesian Coordinate System. The "tick" is the only truth
at that moment. It becomes history when the next "tick" takes its place.
However, that "tick history" still remains within the 1st and 4th quadrant
but now you have the beginning sessions at a lower time-frame. So in
essence you have action between the "open" and the "close"...with the
time factor between them. At the "close" that daily stretch becomes history.
It ends up in the 2nd and 3rd quadrant...and it is these "foot prints" that
you as a trader are looking at to formulate your move as an investor. As a
swing....you are looking at the action in the 1st and 4th quadrant. And
even here the "investor" may be jockying for an entrance. I'm dealing with
with sine, cosine, tangent and secant angles...and with logarithm and
expondential funcitions with the arithmetic slope...y=mx+b being in between.
The "open" is the "line in the sand" and becomes the inflection point in the
curve. You will not see any of this on the charts unless you possess some
version of a animalcular vision. However, you shouldn't belong in our human
race. The charts can be showing a strong uptrend but is in reality going
down. In an up-trend you could have a log with hidden expondential in a
daily and upper time frames. This is happening all the time in the "ticks"
most of the time. It's in the "ticks" where you have the "saw tooths"
that develope into my "sitting ducks" ....and where your observation with
these "sitting ducks" by length of time causes the slope towards "zero"....
with moments of the "sitting ducks" hop from one roost to another. You
can observe this also with the R/S in the Pivot Points in the daily if you
are observant enough using the pivot point. That is at the junction of
where my "sitting ducks" start to fly. In the Point and Line Methodology
created by Charles Drummond, who has called it the "Mother Goose"...
with the wing tips suggesting the next instant turn. But getting back to
the fractals as some of the same proponents proclaim....it doesn't exist,
at least in real truth as a trading voiture, unless they deal with the "tick".
So don't get elated with great expectations with programs now offered by
the, so called, Fractal Venders. Believe me....they are really great in doing
the classical ballet.....The Hippopotamus Lake. And all the transvestites,
hyenas, and crocodillians cheering in the peanut gallery. The second part
of the act is an aerial trapeze performance by Benoit Mandelbrot doing his
fractal tripartition and then disappearing in mid air. Now, after reading all
this....the rules of the house is that you clean the opium pipe before you
put it back on the rack. Man...It was a 'sweet dream'....Hey?
Tonyj
 
 
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