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Fancy Fractals

Fractals indicator on Steroids. It has many options to customize and display Fractals from Multi Time Frames.

The fractals on their own is a technical analysis tool used in trading to identify key turning points in price trends. Fractals, in the context of trading, refer to recurring patterns that occur within price charts. These patterns consist of five consecutive bars, with the middle bar having the highest high or lowest low, surrounded by two lower highs and two higher lows.

The Fractals indicator helps traders recognize these fractal patterns, indicating potential reversal or continuation points in the market. When a fractal pattern appears, it suggests that the previous trend may be ending, and a new trend may be emerging. Traders often use fractals in combination with other technical indicators and analysis techniques to make informed trading decisions and identify potential entry or exit points in the market.

By understanding the significance of fractals within trading, this fancy fractals indicator provides traders with a powerful visual representation of these patterns, assisting them in identifying important market turning points and making more informed trading decisions.

Features are:

  • Display Icon with different size and color for higher time frame (stronger) fractals
  • Customize color coding (helpful for color blind people.)
  • Play a sound when previous fractal down or up got broken
  • Show unbroken fractals as a line (Include a second little button to hide that line)
  • Button to hide and show the indicator
  • Display a channel for the upper and lower fractals.  Can be as dots or as a straight line.

If you feel it runs slow on your MT4, please reduce the "Max bars look back" and  also "How many higer TF's to check"  setting

Please contact me in case you need support or you think something does not work before leaving a negative comment. I am here to support and ensure you have a positive experience.

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KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
Ultimate Gold Advisor per MetaTrader 4 L'Ultimate Gold Advisor è uno strumento tecnologico avanzato progettato per ottimizzare l'esperienza di trading su MetaTrader 4. Progettato per rispondere alle esigenze dei trader più esperti, questo indicatore combina precisione, analisi sofisticata e funzionalità versatili, offrendo supporto per decisioni di trading informate. Ideale per il trading sull'oro, ma utilizzabile anche su una vasta gamma di asset, l'Ultimate Gold Advisor può aiutarti a miglior
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Send any trade action to a discord channel via WebHook. Achive full tranparency of your trading to your peers in discord by posting automated information when... A new order was opened with a screenshot of the chart you have opened (if no chart with that symbol is found a new will be opened) An order was closed either due to SL, TP or manually    (incl. Chart screenshot) An order was modified (Pending triggered to market order, SL/TP/Open-Price modification, partly close of an order) The EA is s
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Versione 1.1 2023.06.22
Bug fixes