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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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PZ Order Block
PZ TRADING SLU
Indicadores
Una implementación personal de Order Blocks, una estrategia de negociación de posiciones simple pero efectiva. El operador debe ingresar al mercado o buscar operaciones en la dirección del último bloque de orden, si el rango de precios no se ha roto en la dirección opuesta a la ruptura. Los bloques abiertos no se dibujan para mayor claridad. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Un bloque abierto alcista es la primera barra alcista d
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Roberto Bonati
Indicadores
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Candle Probability Scalper
Martin Alejandro Bamonte
Indicadores
Guía de Uso del Candle Probability Scalper Este indicador hace que el scalping sea facil y 100% intuitivo. Candle Probability Scalper te mostrará de un vistazo los datos de los porcentajes de fuerza de compradores y vendedores en TIEMPO REAL , y en la vela actual. Los porcentajes se actualizan en cada tick, con lo que segundo a segundo sabrás lo que están haciendo la mayoría de compradores y vendedores, sin ningún tipo de retrasos, esto te ayudará inmensamente a determinar o confirmar cual es la
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5 (26)
Indicadores
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Bernhard Schweigert
4.9 (484)
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
KT Asian Breakout Indicator
KEENBASE SOFTWARE SOLUTIONS
Indicadores
El indicador KT Asian Breakout analiza una parte clave de la sesión asiática para generar señales de compra y venta en ambas direcciones, basadas en la ruptura del precio. Se genera una señal de compra cuando el precio rompe por encima del máximo de la sesión y una señal de venta cuando el precio rompe por debajo del mínimo de la sesión. Cosas a tener en cuenta Si la caja de la sesión es demasiado ancha verticalmente, se recomienda evitar nuevas operaciones, ya que la mayor parte de la acción d
Best Currency Strength Indicator
Tumelo Patrick Rakotsoane
4.5 (46)
Indicadores
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries eco
Top Bottom Tracker MT4
Rodrigo Arana Garcia
Indicadores
Top Bottom Tracker es un indicador basado en sofisticados algoritmos que analiza la tendencia del mercado y puede detectar los máximos y mínimos de la tendencia / Versión MT5 . El  precio se incrementará progresivamente hasta llegar a los 500$. Siguiente precio --> 99$ Características No repinta Este indicador no cambia sus valores cuando llegan nuevos datos Pares de trading Todos los pares de forex Temporalidad   Todas las temporalidades Parámetros ==== Configuración del indicador ==== C
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Indicadores
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Fibonacci Pivots
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Indicadores
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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
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Dmitriy Falkov
Indicadores
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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. Setti
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5 (2)
Utilidades
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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 - "Saucer
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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.