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Geo Fractals

5

This is professional fractals indicator able to work "on several screens" while on a single chart.

The product has been developed for scalpers and those relying on "accurate" entries.

The indicator shows fractals from six timeframes and displays the distance between the price and a new emerging fractal on lower timeframes showing the price behavior more clearly and making its analysis more accurate on reversal points.

The indicator displays fractals from the D1, H4, H1, M15, M5 and M1 timeframes simultaneously.

To select the required timeframes to display use the corresponding parameters of the indicator:
  • ShowW1=true;
  • ShowD1 = true;
  • ShowH4 = true;
  • ShowH1 = true;
  • ShowM15 = true;
  • ShowM5 = true;
  • ShowM1 = true;

For M1 and M5, the distance from the price (Bid and Ask) is shown in points.

If the fractal is not broken, it is displayed as a dashed line. The tooltips indicate a timeframe a line belongs to.

The broken fractal is displayed as a solid line and accompanied by a text label showing the timeframe the line belongs to.

You are able to detect the fractal line broken by the price or the impossibility of breaking the level and decide on the further price behavior.

Only one parameter is used as an input: whether 1 point should be added (10 pips for five-digit symbols) to display fractal levels.

When displaying upper fractals, the current spread is added as well.


Parameters

  • Show W1, ShowD1, ShowH4, ShowH1, ShowM15, ShowM5, ShowM1 = true; - True or False - select the required timeframes to display
  • UseShift - if True, the fractal lines are moved by 1 point (10 pips for five-digit symbols) from the price extreme values. If False, the lines are not moved. I set the parameter to True. This allows me to put stop levels directly behind the fractal lines.
Recensioni 1
jmhuang
3147
jmhuang 2020.11.20 11:00 
 

for me, one of the best support resistance indicator and the best fractal! So glad I got it. HAS REALLY GOOD FEATURES YOU DO NOT GET IN OTHER INDICATORS.

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Filtro:
jmhuang
3147
jmhuang 2020.11.20 11:00 
 

for me, one of the best support resistance indicator and the best fractal! So glad I got it. HAS REALLY GOOD FEATURES YOU DO NOT GET IN OTHER INDICATORS.

Georgij Komarov
1285
Risposta dello sviluppatore Georgij Komarov 2021.01.01 13:12
Thank you, jmhuang .
Happy New Year!
Rispondi alla recensione
Versione 1.3 2023.01.09
Professional fractal indicator.
Provides a multi-screen operation mode on a single open chart.
Displays the true levels of supports and resistances formed by the price itself.

It is intended both for scalpers and lovers of "accurate" inputs, and for adherents of medium- and long-term trading.

Displays fractals from seven timeframes, and also displays distances from the price to a new, emerging fractal on lower timeframes, which provides transparency of price behavior and unique accuracy of observing price behavior at pivot points.

The indicator displays fractals simultaneously from timeframes W1, D1, H4, H1, M15, M5, M1.
Pay attention to how accurately these levels will show you the true support and resistance levels.

To select the necessary timeframes for display, use the appropriate indicator parameters:
ShowD1 = true;
ShowW1 = true;
ShowD1 = true;
ShowH4 = true;
ShowH1 = true;
ShowM15 = true;
ShowM5 = true;
ShowM1 = true;

For timeframes M1 and M5, distances from the price (Bid and Ask) are displayed in points.

If the fractal is not broken by the price, it is displayed as a dotted line. Pop-up hints show whether the lines belong to the timeframe.

The punctured fractal is displayed as a solid line and marked with a text label indicating that the line belongs to the corresponding timeframe.

You will be able to fix the instantaneous touch of the fractal line by the price or the impossibility of breaking through this level and, based on this, make a decision on the further behavior of the price.

Only one parameter is used as an input parameter: whether or not to add 1 point (10 pips for five-digit instruments) to display the level of fractals.


Parameters
ShowW1, ShowD1, ShowH4, ShowH1, ShowM15, ShowM5, ShowM1 = true; - True or False - selection of the necessary timeframes to display
UseShift - if True, the fractal lines will move 1 point (10 pips for five-digit instruments) away from the price extremes. If False, the shift is not used. I use True. This allows you to place stops directly behind the fractal lines.
Versione 1.2 2017.08.15
The new version allows selecting the timeframes to be used and displaying the levels of fractals only from the selected timeframes. To select the timeframes use the parameters listed below:
ShowD1 = true;
ShowH4 = true;
ShowH1 = true;
ShowM15 = true;
ShowM5 = true;
ShowM1 = true;