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Fractal Overcome

Indicator Description

The indicator shows the breakout of the last fractal in real time. It considers the buy fractals above the balance line and sell fractals below the balance line (according to the Bill Williams' strategy), and also the fractals that are independent of the balance line. The direction and the distance of the fractal level breakout are displayed in real time. When a candle closes outside the suitable fractal, the levels of the specified offset, the distance to the candle closure and the distance to the candle High are displayed on the chart. The arrow of the supposed trend is also displayed. In the case of a false breakout (price returns behind the fractal level), a corresponding arrow is displayed on the chart.

At startup the indicator scans the available memory once. Further operation is performed only on the real time data.


The basis of the strategy of using the indicator:

According to the "Profitunity" strategy of Bill Williams, it is necessary to find the buy fractal first, which must be located above the balance line (Alligator's Teeth, red line). This fractal is the entry level. That is, when there is an upward breakout of this fractal, open a buy position. And while the Alligator is in the hungry state and the market is above the fractal, you may add buy positions using all five dimensions. As the trend develops, there will be new buy fractals on the chart, the level of which can also be used for opening new positions in order to maximize the profit. To sell, it is necessary to focus on the fractals below the balance line.


The indicator settings:

  • Good Arrow color - color of the trend direction arrow during a fractal level breakout
  • Good Arrow width - size of the trend direction arrow during a fractal level breakout
  • Bad Arrow color - color of the false breakout arrow
  • Bad Arrow width - size of the false breakout arrow
  • Range Start Color - color of the offset zone from the fractal level to the offset level
  • Range Close Color - color of the zone from the offset level to the candle closure level
  • Range High Color - color of the zone from the candle closure level to the candle High level
  • Breakout Shift - offset from the fractal level to the breakout (in points)
  • Must it use the Balance Line? - use the balance line when considering fractals?
    • true - use
    • false - do not use
  • Must it use the Push Notification? - use Push-notifications to the MetaQuotes ID?
    • true - use (the MetaQuotes ID must be specified in the terminal settings)
    • false - do not use
  • Must it use the Alert Notification? - use Alert notifications?
    • true - use (a message with a sound will be displayed))
    • false - do not use
  • Must it use the Mail Notification? - use E-Mail notifications?
    • true - use (the corresponding field must be filled) in the terminal settings)
    • false - do not use
  • Is it used in tester? - is the indicator being used in the strategy tester?
    • true - prices of the strategy tester are used. The Ask price is missing, but the indicator works correctly in the tester. It can be used in real-time quotes, but without the Ask prices
    • false - the Bid and Ask prices from the quotes stream are used. In this mode the indicator will work incorrectly in the strategy tester.
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IX Power MT4
Daniel Stein
4.67 (6)
Indicadores
IX Power lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede analizar todo lo que su terminal le ofrece. Pruébalo y experimenta cómo tu timing mejora significativamente a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin repintado -
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
Indicadores
¡Actualmente con 33% de descuento! ¡La mejor solución para cualquier tráder principiante o experto! Este indicador es una herramienta comercial única, de alta calidad y asequible, porque incorpora una serie de características patentadas y una nueva fórmula. Con esta actualización, podrá mostrar zonas de doble marco temporal. No solo podrá mostrar un marco temporal más alto, sino también mostrar ambos, el marco temporal del gráfico MÁS el marco temporal más alto: MOSTRANDO ZONAS ANIDADAS. A todos
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Indicadores
¡Actualmente 20% OFF ! Este tablero de instrumentos es una pieza muy poderosa de software de trabajo en múltiples símbolos y hasta 9 marcos de tiempo. Se basa en nuestro indicador principal (Mejores críticas: Advanced Supply Demand ).  El tablero de instrumentos da una gran visión general. Se muestra:  Valores filtrados de Oferta y Demanda, incluyendo la calificación de fuerza de la zona, Pips distancias a / y dentro de las zonas, Destaca las zonas anidadas, Da 4 tipos de alertas para los s
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
4.9 (483)
Indicadores
ACTUALMENTE 31% DE DESCUENTO Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones po
Enigmera
Ivan Stefanov
5 (3)
Indicadores
ENIGMERA: El núcleo del mercado https://www.enigmera.com Introducción Este indicador y sistema de negociación es un enfoque extraordinario de los mercados financieros. ENIGMERA utiliza los ciclos fractales para calcular con precisión los niveles de soporte y resistencia. Muestra la auténtica fase de acumulación y proporciona dirección y objetivos.  Un sistema que funciona tanto si estamos en una tendencia como en una corrección.  ¿Cómo funciona? ENIGMERA consta de tres líneas: la línea de s
Apollo Pips PLUS SP
Oleg Rodin
5 (4)
Indicadores
¡LEA LA INFORMACIÓN A CONTINUACIÓN ANTES DE COMPRAR EL PRODUCTO! ¡Apollo Pips PLUS SP es un producto único! ¡ES PARA AQUELLOS QUE QUIEREN OBTENER MI NUEVO INDICADOR "APOLLO PIPS" MÁS BONO "SUPER PACK" CON ACCESO A TODOS MIS INDICADORES COMERCIALES! Al comprar el producto Apollo Pips PLUS SP, en realidad está comprando una versión absolutamente nueva de mi indicador Apollo Pips. Esta versión del indicador tiene un algoritmo mejorado y un parámetro fácil de usar que le brinda la oportunidad de uti
Chart Patterns All in One
Davit Beridze
4.33 (9)
Indicadores
Deja un comentario después de la compra para recibir 4 indicadores de alta calidad como bono. El indicador Chart Patterns All-in-One ayuda a los traders a visualizar varios patrones de gráficos comúnmente utilizados en el análisis técnico. Este indicador apoya la identificación de posibles comportamientos del mercado, pero no garantiza rentabilidad. Se recomienda probar el indicador en modo demo antes de comprar. Oferta actual : Descuento del 50% en el indicador "Chart Patterns All in One". Patr
Order Block Hunter
Noha Mohamed Fathy Younes Badr
5 (6)
Indicadores
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.44 (16)
Indicadores
¡TakePropips Donchian Trend Pro   (MT4) es una herramienta poderosa y efectiva que detecta automáticamente la dirección de la tendencia utilizando el Canal Donchian y le proporciona señales comerciales de entrada y salida! Este indicador multifunción incluye un escáner de tendencias, señales comerciales, panel estadístico, filtro, sesiones comerciales y panel de historial de alertas. ¡Está diseñado para proporcionarle señales comerciales y ahorrarle horas analizando los gráficos! Puede descargar
Otros productos de este autor
AO and AC Zones
Dmitriy Falkov
Indicadores
According to Bill Williams' trading system, the zone is formed by the combination of Accelerator Oscillator (AC) and Awesome Oscillator (AO). When they go up, we are in the green zone. When AO and AC bars are red, we are in the red zone. If one of the bars is red, while another is green, we are in the gray zone. When the current AC and AO histogram bars exceed the previous ones, the indicator is colored in green. If the current AC and AO histogram bars are below the previous ones, the indicator
Night Range
Dmitriy Falkov
4 (2)
Indicadores
This is a simple indicator that draws a night range. The start and the end of a working day are specified in hours, color rectangles are adjusted as well. It helps to view the history in search for regularities , excluding unpredictable night time. It can be used to search for a breakthrough of the night range. It is drawn as a background , and does not cover a chart and other indicators .
FREE
Fibonacci Pivots
Dmitriy Falkov
Indicadores
The indicator presents reversal points by Fibo levels based on the previous day prices. The points are used as strong support/resistance levels in intraday trading, as well as target take profit levels. The applied levels are 100%, 61.8%, 50%, 38.2%, 23.6%. The settings allow you to specify the amount of past days for display, as well as line colors and types. Good luck!
Bollinger Histogram
Dmitriy Falkov
Indicadores
The histogram of the difference between upper and lower levels of the Bollinger Bands. Growth of the histogram means the expansion of the range on a trend interval, reduction means the narrowing of the range during corrections. The histogram is colored: the bullish trend areas, the bearish trend areas and corrections areas are displayed with different colors. Like other trend indicators it gives clear signals, but with delay. There is additional information about the color changes (change or end
Daily Range
Dmitriy Falkov
Indicadores
The indicator highlights the affected period taking the highest and the lowest prices into account. It is possible to choose any time period from 1 hour to 24 hours. It also optionally shows the target levels when trading at the breakout of the range in any direction. The target level value is given in percentages of the width of the previous range. The indicator is the improvement and extension of the free version . It works on timeframes from M1 to H1. It warns at the higher timeframes. Sett
Graphical Orders Manager
Dmitriy Falkov
5 (2)
Utilidades
This is an irreplaceable assistant for manual trading providing maximum automation of daily routine calculations, convenient system of opening and maintaining trades and also their closure on reaching a specified adjustable level. The untility provides maximally clear and complete information on the current situation of each instrument separately and features the convenient trading panel as well as many additional functions in one program. The product works correctly with all instruments (Forex,
AO Patterns
Dmitriy Falkov
Indicadores
The indicator displays a formed pattern of the AO (Awesome Oscillator) indicator at the signal bar according to the "Profitunity" strategy by Bill Williams. The patterns differ in colors, location and number. The indicator can notify the user about the appearance of a new pattern. It is important to remember that you must not use the signals of the "АО" indicator until the appearance of the first buy/sell fractal outside the alligator mouth. Types and designation of the patterns Buy 1 - "Sauce
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Versión 2.4 2021.11.17
Compilator upgrade.
Versión 2.3 2016.08.09
Fixed a flaw in identification of the fractals at initialization on history.
Versión 2.2 2016.04.29
+ Fixed an error in the identification of fractals.
+ Small optimization.
Versión 2.1 2016.04.26
In version 2.0
The indicator has been completely redesigned.
Now it works in real time. Displays three zones. Displays false breakouts.
Details are in the description of the indicator.

In version 2.1
Added notifications.