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Adjustable Fractal MT4

Adjustable Fractal MT4 is a modification of Bill Williams' Fractals indicator.

The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions:

  • Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right;
  • Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right.

Unlike a standard indicator, Adjustable Fractal allows setting the number of bars to find fractals to the left and to the right of desired bars. This allows to flexibly determine the presence of fractals, for example during a long upward or downward movement.


Inputs

  • barsBefore - number of bars before a fractal used in calculation;
  • barsAfter - number of bars after a fractal used in calculation;
  • style - signal style (arrows, diamonds, squares, circles);
  • arrowOffset - offset of the array from the bar's High/Low in points.

You can set the arrows' color and size separately for upper and lower fractals on Colors tab.

Thuydxtq
16
Thuydxtq 2019.07.19 17:11 
 

Thanks

Robert Scheide
24
Robert Scheide 2019.02.10 01:15 
 

Hi Dimitri, thanks for this indicator. I understand how it works and it's brilliant. Thank you for sharing. All the best to you and yours.

sunnychow
7277
sunnychow 2019.01.12 19:23 
 

Thanks for share

AirOne1
1374
AirOne1 2018.12.11 00:29 
 

good

Matthew Todorovski
12558
Matthew Todorovski 2018.06.30 14:01 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Raju Khan
257
Raju Khan 2018.05.05 16:18 
 

Nice indicator.

Aleksandras Makarovas
703
Aleksandras Makarovas 2017.10.02 20:20 
 

Der Benutzer hat keinen Kommentar hinterlassen

Ali irwan
5166
Ali irwan 2017.08.06 13:59 
 

great work.

Gennadiy Voltornist
12019
Gennadiy Voltornist 2017.05.17 17:32 
 

Der Benutzer hat keinen Kommentar hinterlassen

Vyacheslav Korolev
17386
Vyacheslav Korolev 2017.05.06 21:01 
 

Der Benutzer hat keinen Kommentar hinterlassen

Maksym Mudrakov
21140
Maksym Mudrakov 2016.08.30 12:06 
 

Der Benutzer hat keinen Kommentar hinterlassen