Hello Bruce,

I am using your formula for Fractals. H2*ABS(H<H2 and H1<H2 and H2>H3 and H2>H4) for HIGH

L2*ABS(L>L2 and L1 >L2 and L2<L3 and L2<L4) for Low

But the formula did not get the right Highs & Lows, they also shrink my chart, I can't make my chart back to normal size- any suggestions  ? Did I do anything wrong ?

Thanks 

SAM

You will need to provide further clarification as to the indicators not identifying the right highs and lows.

Right-click on the chart and select Price Plot Style. Check the Calculate Scale from Price Only box.

You will probably want to also make sure the Custom PCF Indicators are plotted in the same scale as price and are set to use the Dot Plot Style.

Indicator Scaling (2:38)
Price Scaling (5:46)

Hi Bruce,

The dots are not right on top of pivot High-It is off to the right or left. Same thing with Low Dots, It is not right below pivot Low, is off to the right or left candle.

Tha main things is : Once the Fractals indicators are on my chart,the charts shinks- almost not be able to see the graphics.

Thanks again

Have you checked to make sure Calculate Scale from Price Only is checked for Price History?

The dot plots to the right of the pivot or fractal because that is where it can be first detected. It doesn't become a pivot or fractal until the two higher lows or two lower highs to the right of the central bar in the pivot or fractal.

You could plot a 1-period moving average of the Custom PCF Indicator and set the Offset to -2 if you want it to plot at the pivot or fractal instead (keeping in mind it wasn't actually identified at this point).

You would probably want drag the opacity setting of the Custom PCF Indicators all the way to the left and set the Plot Style of the offset moving averages to Dot if you decide to do this.

Hi Bruce, 

Can you show me how to custom built a Ichimoku chart (Tc 2000 has one, but I can't enlarge lines, and can't change cloud color) ?

I want the cloud to change to red when span A crosses down to Span B and I want cloud to change to green color when Span A crosses up to Span B.

and I also need all the formulas for conversion,base and laging line as well.

Thank you so much

SAM

Thank you , Bruce,

I finally got the Fractals Indicator right !

SAM

You can't build an Ichimoku Cloud indicator on your own which would change the color of the cloud or plot the forward cloud to the right of where price last plots in TC2000.

Hi Bruce,

How can you position the fractals dots a bit highter/lower on the pivot H/L. so the fractals dots are not sitting right on top of candle H/L points .

Thanks

You could add + .5 and - .5 to your formulas to offset by 50 cents above and below price.  Or some other amount.

Bruce,

Can you tell me the steps to add +.5 and -.5 in my formula ?

Thanks again

That's actually one of the advantages of not adding an offset moving average to the Custom PCF Indicators. Because the dots are plotted 2 bars after the central bar, the dots end up not being plotted right on top of the high or low of the central bar.

Adding .5 to the high would result in the following formula.

(H2+.5)*ABS(H<H2 and H1<H2 and H2>H3 and H2>H4)

Subtracting .5 from the low would result in the following formula.

(L2-.5)*ABS(L>L2 and L1 >L2 and L2<L3 and L2<L4) for Low

One disadvantage of adding or subtracting a fixed value is that it can be very large or very small compared to whatever range is visible on the chart.

Adding or subtracting a percentage of the high or low can correct for this somewhat, but not entirely.

Adding 1% to the high would result in the following formula.

(H2*1.01)*ABS(H<H2 and H1<H2 and H2>H3 and H2>H4)

Subtracting 1% from the low would result in the following formula.

(L2*.99)*ABS(L>L2 and L1 >L2 and L2<L3 and L2<L4) for Low

Thank you so much

Hi Bruce,

I fellow your new Formula- adding (H2+.5) to my formula. But all the dots on top of the pivot  H all disappeared, I try many ways, can't get the dots back, any suggestions ?

Thanks

Can I add (H2+.2) instead of .5 ?

You can add whatever value you want, or you can try the percentage version instead.

Unless there is some projection space on the chart, the very highest and very lowest fractals are going to appear above or below the chart.

Creating Projection Space on Charts (2:36)