Fractals and Levels by JustUncleL

Even though there are a many other Fractal and Level indicators, this indicator has some unique features. The indicator will display Fractals, fractal levels and HH/LL points, they will only be drawn after they have completed. Also the indicator has options to :

Show Ideal Fractals Only.
Use Renko Style Fractals, where open/close values are used instead of high/low to find Fractals. This is used to show the correct Fractals when Renko Wicks are enabled.
Has an optional Filter to only display Fractals that are above/below a MA Ribbon.

References:

This code is based on [RS]Fractal Levels V8 by RicardoSantos

This is a Renko Chart with "Renko Style Fractals" enabled, notice that the wicks are ignored and only the true Bricks are used for Fractals:

Release Notes

...

Modified close/open/high/low series data to security calls to use original candle data to find Fractals. This ensures correct Fractal finding when Heikin Ashi candles are used on the chart.
NOTE:When using Renko charts always select "Renko Style Fractals"

Release Notes

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Added optional swing alert Arrows and alarmcondition.
Hint: Alerts can be filtered using the MA filter option, but using reverse lengths: eg. 34 for fast MA and 13 for slow MA.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

JustUncleL

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

For quick access on a chart, add this script to your favorites — learn more here.

JustUncleL