The Fractals ST Patterns Strategy indicator is a modification of the Fractals indicator by Bill Williams and allows you to set any number of bars to find the fractal. This simple indicator corresponds to the parameters of the ST Patterns Strategy (). Structural Target Patterns are essentially the market itself, sequentially divided into components. To form ST Patterns, you do not need trend lines, geometric proportions of the model itself, trading volume, or open market interest. They are easily recognized and are built only on the basis of the fact of breaking through the fractal levels and the distance to the Target. ST Patterns remove the uncertainty inherent in previously known graphic compositions from the market and simplify the trader’s work.

A fractal consists of two sets of arrows – up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions:

• Upper fractal-the maximum (high) of the signal bar is greater than or equal to the maxima of all bars in the range on the left and right;
• The lower fractal-the minimum (low) of the signal bar is less than or equal to the minima of all bars from the range on the left and right.

• Bars around – number of bars before and after the central bar;
• Arrow offset-the arrow offset from the high / low of the bar in price points.

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On the Colors tab, you can set the arrow colors and size separately for the upper and lower fractals.

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