#### stockula

##### New member

**VIP**

arrows taken near swingarm zones, ORB levels or wedge breaks have much higher probability to follow through,

so I look for entry arrows in those conditions.

@harber09

arrows taken near swingarm zones, ORB levels or wedge breaks have much higher probability to follow through,

so I look for entry arrows in those conditions.

@harber09

M

Code:

```
# My version of so called "blackFLAG FTS PLATINUM Ver. 5.0" @Maya
# TMO ((T)rue (M)omentum (O)scillator) With Higher Aggregation
# Mobius
# V01.05.2018
#hint: TMO calculates momentum using the DELTA of price. Giving a much better picture of trend, tend reversals and divergence than momentum oscillators using price.
input length = 14;
input calcLength = 5;
input smoothLength = 3;
input agg = AggregationPeriod.HOUR;
def o = open(period = agg);
def c = close(period = agg);
def data = fold i = 0 to length
with s
do s + (if c > getValue(o, i)
then 1
else if c < getValue(o, i)
then - 1
else 0);
def EMA5 = ExpAverage(data, calcLength);
def Main = ExpAverage(EMA5, smoothLength);
def Signal = ExpAverage(Main, smoothLength);
# End Code TMO with Higher Aggregation
plot uarrow = Main > Signal;
uarrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
uarrow.SetDefaultColor(Color.CYAN);
uarrow.SetLineWeight(1);
plot darrow = Main < Signal;
darrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_Down);
darrow.SetDefaultColor(Color.red);
darrow.SetLineWeight(1);
```

I added this to my charts and thought it was the holy grail. Then I realized it repaints for x amount of candles depending on timeframe the indicator is set to.

Code:`# My version of so called "blackFLAG FTS PLATINUM Ver. 5.0" @Maya # TMO ((T)rue (M)omentum (O)scillator) With Higher Aggregation # Mobius # V01.05.2018 #hint: TMO calculates momentum using the DELTA of price. Giving a much better picture of trend, tend reversals and divergence than momentum oscillators using price. input length = 14; input calcLength = 5; input smoothLength = 3; input agg = AggregationPeriod.HOUR; def o = open(period = agg); def c = close(period = agg); def data = fold i = 0 to length with s do s + (if c > getValue(o, i) then 1 else if c < getValue(o, i) then - 1 else 0); def EMA5 = ExpAverage(data, calcLength); def Main = ExpAverage(EMA5, smoothLength); def Signal = ExpAverage(Main, smoothLength); # End Code TMO with Higher Aggregation plot uarrow = Main > Signal; uarrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP); uarrow.SetDefaultColor(Color.CYAN); uarrow.SetLineWeight(1); plot darrow = Main < Signal; darrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_Down); darrow.SetDefaultColor(Color.red); darrow.SetLineWeight(1);`

Default higher period= Hourly. Change this to anything you want. Play with it to find the best timeframe.

B

D

Keep in mind that two bars need to print after a fractal forms in order for it to be a valid fractal. Also, you may have realized that it can be an excellent trading strategy in itself. Place a buy or sell stop a tick above or below the most recent fractal and more times than not you will get a nice follow through in that direction.@DDW Thank you, I'll check it out. Been meaning to learn about fractals.

T

@DDW Would you by any chance have a scan for the Bill Williams Fractals? Thanks! Also, do you trade fractals on the 1 min. or the 5 min. ?Keep in mind that two bars need to print after a fractal forms in order for it to be a valid fractal. Also, you may have realized that it can be an excellent trading strategy in itself. Place a buy or sell stop a tick above or below the most recent fractal and more times than not you will get a nice follow through in that direction.

D

No scan, just the indicator. I like to use the 3 or 5 min@DDW Would you by any chance have a scan for the Bill Williams Fractals? Thanks! Also, do you trade fractals on the 1 min. or the 5 min. ?

https://tos.mx/lLY3GpN

T

E

Just a quick question, are you using the default ORB indicator by Mobius? Also, did you change the opening time from the default one at 6:30? Please let me know. Thanks!

arrows taken near swingarm zones, ORB levels or wedge breaks have much higher probability to follow through,

so I look for entry arrows in those conditions.

@harber09

H

@TradeUpWould you by any chance have a scan for the Bill Williams Fractals? Thanks! Also, do you trade fractals on the 1 min. or the 5 min. ?

Williams_Fractal()."upfractal" is true within 10 bars

that's assuming you've saved the study as "Williams_Fractal". You can change "upfractal" to "downfractal" and of course 10 bars to whatever you want.

T

Thank you so much!@TradeUp

Williams_Fractal()."upfractal" is true within 10 bars

that's assuming you've saved the study as "Williams_Fractal". You can change "upfractal" to "downfractal" and of course 10 bars to whatever you want.

G

P

@geewiz202 - Mrna is very volatile stock Swing Arm does not work that effectively on it.

P

P

@BenTen - exact code, please I am not a developer.

V

I added the watchlist today, but watch it keep loading forever.