FractalChaosBands Summary The Fractal Chaos Bands indicator attempts to determine whether or not the market is trending.
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
public abstract interface FractalChaosBands
Namespace cAlgo.API.Indicators
Examples Example 1 Example 2
private FractalChaosBands _fractalChaosBands ;
protected override void Initialize ()
{
_fractalChaosBands = Indicators . FractalChaosBands ();
}
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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
public abstract IndicatorDataSeries High { get ;}
Return Value
IndicatorDataSeries
Examples
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
public abstract IndicatorDataSeries Low { get ;}
Return Value
IndicatorDataSeries
Examples
public override void Calculate ( int index )
{
Print ( "Fractal Chaos Bands Low = {0}" , _fractalChaosBands . Low [ index ]);
}
Last update: June 1, 2023