Indicator Advanced Fractal Overlay displays the chart as colored candles according to the price movement direction relative to the last upper or lower fractal.

There are no adjustable parameters.

  • If the current close price is above the last upper fractal,
    then the green candles will be displayed

  • If the current close price is below the last lower fractal,
    then the red candles will be displayed

Fig. 1. Advanced Fractal Overlay

Fig. 2. Advanced Fractal Overlay + Fractals