meaning of FoM and FRAC

[VR555]

In @dap711's Fusion thread there are references to
https://usethinkscript.com/threads/fusion-unified-signal-for-thinkorswim.21711/
a couple of terms I don't know (maybe it's because I'm not a coder): FoM & Frac.

Please let me know what these refer to.

 

[rewardiaz]

Freedom of Movement - https://usethinkscript.com/threads/support-resistance-your-trade’s-make-or-break.20534/

Frac - Could be refering to Factal Energy?!

 

[merryDay]

In @dap711's Fusion thread there are references to
https://usethinkscript.com/threads/fusion-unified-signal-for-thinkorswim.21711/
a couple of terms I don't know (maybe it's because I'm not a coder): FoM & Frac.

Please let me know what these refer to.

Freedom of Movement:
https://toslc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/E-F/FreedomOfMovement

Strong trend + FoM shift = likely reversal zone.
read more:
https://usethinkscript.com/threads/fusion-unified-signal-for-thinkorswim.21711/#post-157372
https://usethinkscript.com/threads/volatility-cycle-indicator.21595/#post-156719

---

There is no FRAC in the Fusion Indicator. There is an input that you can set called:
majorityFrac → define how many signals must agree

# Tuning tips:
# Fewer whipsaws → raise confirmLen to 3 or cooldownBars to 3.
# More signals → lower majorityFrac to 0.6 or disable useATRGate.
# If volume pressure is noisy on your tickers → increase pressureEMA to 8–10 and/or pressureThreshold to ~0.12.

 

[VR555]

Thank you for the quick replies, @rewardiaz & @merryDay !

 

[VR555]

Thanks, @rewardiaz, for the needed reminder about Support/Resistance!

 

[rewardiaz]

Thanks, @rewardiaz, for the needed reminder about Support/Resistance!

You are welcome!

 

[rvaidyamath]

Can I see the code please ... - Raj

 

[useThinkScript]

Can I see the code please ... - Raj

https://usethinkscript.com/threads/fusion-unified-signal-for-thinkorswim.21711/