Skip to content

FractalChaosBands

Summary

The Fractal Chaos Bands indicator attempts to determine whether or not the market is trending.

Remarks

When the market is trending, the bands will have a slope, and if the market is not trending or choppy, the bands will flatten out. The flatter the bands, the stronger the signal that the market is choppy. The more steep the band slopes, the stronger the signal that the market trending or stable.

Signature 

1
public abstract interface FractalChaosBands

Namespace

cAlgo.API.Indicators

Examples

1
2
3
4
5
 private FractalChaosBands _fractalChaosBands;
    protected override void Initialize()
    {
        _fractalChaosBands = Indicators.FractalChaosBands();
    }

 1
 2
 3
 4
 5
 6
 7
 8
 9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
 using cAlgo.API;
 using cAlgo.API.Indicators;
 namespace cAlgo.Robots
 {
     // This sample cBot shows how to use the Fractal Chaos Bands indicator
     [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
     public class FractalChaosBandsSample : Robot
     {
         private double _volumeInUnits;
         private FractalChaosBands _fractalChaosBands;
         [Parameter("Volume (Lots)", DefaultValue = 0.01)]
         public double VolumeInLots { get; set; }
         [Parameter("Stop Loss (Pips)", DefaultValue = 10)]
         public double StopLossInPips { get; set; }
         [Parameter("Take Profit (Pips)", DefaultValue = 10)]
         public double TakeProfitInPips { get; set; }
         [Parameter("Label", DefaultValue = "Sample")]
         public string Label { get; set; }
         public Position[] BotPositions
         {
             get
             {
                 return Positions.FindAll(Label);
             }
         }
         protected override void OnStart()
         {
             _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
             _fractalChaosBands = Indicators.FractalChaosBands();
         }
         protected override void OnBar()
         {
             if (Bars.ClosePrices.Last(1) > _fractalChaosBands.High.Last(1) && Bars.ClosePrices.Last(2) <= _fractalChaosBands.High.Last(2))
             {
                 ClosePositions(TradeType.Sell);
                 ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
             else if (Bars.ClosePrices.Last(1) < _fractalChaosBands.Low.Last(1) && Bars.ClosePrices.Last(2) >= _fractalChaosBands.Low.Last(2))
             {
                 ClosePositions(TradeType.Buy);
                 ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
         }
         private void ClosePositions(TradeType tradeType)
         {
             foreach (var position in BotPositions)
             {
                 if (position.TradeType != tradeType) continue;
                 ClosePosition(position);
             }
         }
     }
 }

Properties

High

Summary

The high limit of the chaos band.

Signature 

1
public abstract IndicatorDataSeries High {get;}

Return Value

IndicatorDataSeries

Examples

1
2
3
4
 public override void Calculate(int index)
    {
        Print("Fractal Chaos Bands High = {0}", _fractalChaosBands.High[index]);
    }

Low

Summary

The low limit of the chaos band.

Signature 

1
public abstract IndicatorDataSeries Low {get;}

Return Value

IndicatorDataSeries

Examples

1
2
3
4
 public override void Calculate(int index)
 {
     Print("Fractal Chaos Bands Low = {0}", _fractalChaosBands.Low[index]);
 }