Question on ( Fractals )

[Nicholle]

Here is another picture.

[Nicholle]

Hi Jason,

We are getting even closer. I went through the last few weeks on the YM Z3 5 minute chart and only found a few errors. There are a lot less errors now than the previous formula. I posted 3 pictures including the one on this post, and these are almost all the errors I found. Thanks!

Nicholle

[eSignal_JasonK]

Hello Nicholle,

I think we just might be there. "Might" being the key word here. Take a look and see if you can find any errors. I double-checked this version against all the charts you have posted so far and it seems to be working correctly.

fractal.efs

[Nicholle]

Hi Jason,

I checked the current formula out completely and could not find any errors at all! Thank you so much for all of your hard work on this formula. I will let you know if I come across anything that isn't right, but I really think it is totally complete now. I have one last question for you, I mainly trade the mini Dow, but I do look at a lot of other things, on the mini Dow chart there is a space between the bars and the arrows, when I look at other charts like the one below, the arrows are covering the tops of the bars. Is there any way to make it so that there is a space between the arrows on all charts? Thanks again for all your help!

Nicholle

[eSignal_JasonK]

Hello Nicholle,

I've modified the spacing for the triangles. It should work better for you. I also added a small modification needed for real time analysis. No changes were made to the underlying rules for identifying the fractals. Test this out in real time and let me know if you see any problems.

fractal.efs

[Nicholle]

Hi Jason,

Thank you very much you did an excellent job! The fractals are being marked perfectly, the triangles are spaced nicely, and it is running correctly in real time. I really appreciate all the time and effort you put into creating this formula for me!

Nicholle

[eSignal_JasonK]

Hello Nicholle,

We're planning on adding this fractal formula to our EFS library. Would you mind providing some details or resources that we could use to explain the theory and practical application of the study? Anything you could provide would be greatly appreciated.

Thanks,

[MR]

Jason,

If this is fractal work from Bill Williams, if Nicholle doesn't have any information, I might be able to rummage through my private techncial analysis library at home for material. Bill gave me some material several years ago when I was attending one of his seminars in Atlanta. Just let me know and I will get to work researching if need be.

[Nicholle]

Info on BW Fractals

Hi Jason,

Fractals are part of a five dimensional trading system developed by Bill Williams, Phd. His most recent book, "New Trading Dimensions" details his system in depth and gives the reader all the information necessary to set up all his indicators and run the system. All markets are non-linear and chaotic and his indicators and system were created using non-linear mathematics, fractal geometry, and chaos theory. To describe the entire system and how to use fractals correctly would require too much space here. I would recommend getting the book mentioned above, that way you can get a better understanding of how to use fractals.

A very simple way to describe how to trade fractals is to go long one tick above a long fractal, and go short one tick below a short fractal. Since fractals are just one part of a five part system, it takes all the indicators and theory behind the trading system to trade them correctly. Bill Williams also has a website, its www.profitunity.com. Let me know if I can help out with any additional information!

Nicholle

[gspiker]

Jason,

Look at Bill Williams book "New Trading Dimensions". I got this book because it claimed it used chaos theory and I am very curious about methods that use these techniques. However, this book has nothing to do with chaos (despite the claims). But it does present a rather well thought out trading strategy, and many of the indicators have already been coded into EFS.


If you go to his web site (do a google search) you can download a trial of his program and verify your indicators against his. I did this with all my EFS formula's I developed and they seemed to work as his did (with the limited data sample they provide).

If I had noticed this thread sooner, I would have sent in my code that does fractals...but it will be interesting to compare our results none-the-less.

I think the one EFS I have yet to write (or to add to my fractal EFS)is one that handles squat bars.

Garth

[eSignal_JasonK]

Hello Nicholle,

Thank you for responding, I'll check out these resources.

Marc,

Any material you can dig up would be excellent. Please let me know what you find and email me directly.

Thanks,

[ACM]

Garth
There is a squat bars efs here
Alex

[MR]

.

Originally posted by JasonK Marc, Any material you can dig up would be excellent. Please let me know what you find and email me directly.Thanks,

Ok, Jason, glad to help... just pray my wife hasn't thrown it out when house cleaning! Will look for it tonight.


PS-- EXCELLENT work you have been doing!

[Nicholle]

Hi Garth,

I have recently set up the entire Bill Williams system and am just starting to trade using it. I downloaded the AO and AC off of the file sharing area and have been using them, but I want to make sure they are both correct. Did you program them from scratch, or did you download them from the file sharing area also? I downloaded his demo program but the data was too old for me to check my indicators against his. Thanks for the help!

Nicholle

[eSignal_JasonK]

Thanks Garth. You mentioned you have coded the other formulas. Would you mind posting those? Perhaps we could list them together in the Library.

Alex, thanks for the link to the squat bars formula.

Nicholle, I recently coded some corrections for an AO, AC and AO-AC-squat2 formulas in this post. You might want these for a comparison. I assume they are related.

What's the complete set needed here. Are we missing any formulas?