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The indicator is designed to detect breakouts of the Bill Williams fractal level on the instrument chart in the MetaTrader 4.
After installing the indicator on the instrument chart, when a breakdown of the Bill Williams fractal level occurs, the signal bar (candle) is marked with a colored pointer (arrow) in the direction of the breakdown.
For greater clarity, you can add a standard indicator "Bill Williams Fractal" to the chart of the instrument.
When adding the indicator to the instrume