• Overview
  • Reviews (4)
  • Comments (21)
  • What's new

Improved Fractals

3.67

This is a modified Fractals indicator. It works similar the original Bill Williams' indicator, and is additionally enhanced with the possibility to change the top radius, in contrast to the standard radius of 2 bar. Simply put, the indicator checks the top and if it is the minimum/maximum in this radius, such a top is marked by an arrow.

Advantages

  • Adjustable radius.
  • Use for drawing support and resistance levels.
  • Use for drawing trend channels.
  • Use within the classical Bill Williams' strategy or in its modifications.

Input parameters

  • Radius — the radius of the fractal.

Extra

  • I regularly publish modified versions of standard indicators. You can find these indicators and my other applications here.
  • If you have ideas or need a modification of any indicator, please contact me—I will consider your suggestion and may publish it.
Reviews 4
Thomson Sivongxay
39
Thomson Sivongxay 2019.03.06 04:57 
 

Depends on how you use it. For me i track it a shorter radius. Nothing is concrete in technical trading. You always got to monitor your trades. Thank you Denis.

Nam Phueng
206
Nam Phueng 2019.04.21 10:42 
 

Interesting adaptation. Thanks for sharing.

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Denis Glaz
Expert Advisor based on the statistical analysis of price data. Why Helios? No risky trading strategies. Works with 4 and 5-digit quotes. Multiple risk management profiles. No sudden deposit loss. Option to trade a fixed lot. Artificial intelligence processes the statistical analysis data. Few input parameters. No need to configure and optimize - the genetic algorithm has already done it for you. How to use? Attach Helios to 6 charts with the M15 timeframe set: EURUSD, GBPUSD, NZDUSD, AUDUSD
Channel indicator based on the principles of mathematical statistics. It uses neural networks to simplify a lot of complex calculations, which makes the indicator fast, even for weak computers. How it works The indicator is based on the moving average, the period of which you can set. The indicator analyzes price deviations from the moving average line for the last 1440 or 2880 bars, and each line indicates a certain probability of a price reverse depending on the selected settings: Standard,
Levels indicator. It works on a neural network and is formalized according to professional rules for building horizontal levels. The indicator redraws the levels every day and notifies you when the price approaches or cross the levels. The indicator is suitable for both professionals and beginners who have only recently begun to learn how to trade in the market. PrimeTools is a series of products designed for correct and professional trading. [PrimeTools Levels | PrimeTools Range ] Panel Show
Powerful trend indicator provided with all necessary for trade and it is very easy to use. Everyone has probably come across indicators or Expert Advisors that contain numerous input parameters that are difficult to understand. But here, input parameters are simple and it is no need to configure anything — neural network will do all for you. Difference from a classic version The real-time multi time frame panel is added, so you can check a trend for other timeframes without switching the sche
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KERE Mohamed
31
KERE Mohamed 2023.02.11 14:12 
 

Hello Mr. Glaz. Once again I express my gratitude to you for agreeing to allow me to download this indicator after deleting it from the list of marketed indicators. May the Almighty give it back to you a hundredfold. I use it mainly when it appears for the third time on my trend line before selling or buying depending on the market context. And that works wonderfully for me. Thank you once again because you have just made a person on earth financially profitable. Have a nice weekend in divine grace.

Nam Phueng
206
Nam Phueng 2019.04.21 10:42 
 

Interesting adaptation. Thanks for sharing.

Thomson Sivongxay
39
Thomson Sivongxay 2019.03.06 04:57 
 

Depends on how you use it. For me i track it a shorter radius. Nothing is concrete in technical trading. You always got to monitor your trades. Thank you Denis.

Matthew Todorovski
12938
Matthew Todorovski 2018.06.30 14:09 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Reply to review
Version 1.2 2023.02.10
Recompiled version for current MT4 build
Version 1.1 2017.04.24
1. Fixed a plotting error that prevented the arrows from being displayed without refreshing a chart.
2. Added a check for invalid radius values: too big value, negative values and zero.