New Version 20.5 Released for Fractal Pattern Scanner – Up to four Fractal Cycle Analysis
In version 20.5, Fractal Pattern Scanner provides up to four Fractal Cycle analysis using Fractal Decomposition Analysis. Now you can go through more detailed Fractal Wave analysis. Fourth cycle is pretty big and understanding this big cycle can help you to spot any big movement in the market.
For your information, when you set Fractal Decomposition Dimension = 4, multiple timeframe pattern detection panel is not available because Mutltiple timeframe pattern detection panel is only available with two Fractal Cycle analysis.
However, occasionally, you will get only three Fractal Cycles in the output. It is because the algorithm will get rid of any insignificant cycle from the analysis. Do not get surprise even if you get the three cycles only even if you have set Fractal Decomposition Dimension = 4.