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Flexible Fractals Line

5

Description

This is an indicator for MT5 which has enhanced the "Fractals" indicator.

"Fractals" indicator is included in MT5 by default but the draw line period is fixed at "5" and it cannot be modified.  Thus I have reinvented the Fractals indicator with some useful function added.  This tool will be useful especially for those who are learning how to draw good horizontal lines and wants to get some reference.  Of course, those who are considering Fractals as an important horizontal line will also like it.

 Benefits of the Flexible Fractals Line indicator

  • Fractals Line On/Off
In case that we want to watch the chart without any lines, just set "switch off" from property menu.  No need to delete the indicator.

  • Change Fractals Calculation Period

Default parameter in this indicator is set at "21" but we can change it to any period.  Some prefer longer periods and others prefer shorter ones.

In any cases, please be noted that only "odd" number must  be set.  This is due to mathematical rule of fractals.


Settings

  • Line ON/OFF
  • Bars for Fractals Calculation (Must be Odd Number)
  • Line Color

    Tutorial 

     Please find the YouTube link on product introduction page.

      In the end, it is highly appreciated that you could leave any review,

      which will motivate me to develop more useful trading tool!  Thanks!


      Bewertungen 1
      MAHMOUD SHWAISH
      2571
      MAHMOUD SHWAISH 2021.07.05 11:44 
       

      SIMPLE AND GOOD TO KNOW BREAKOUT LEVEL ASIDE WITH WITH OTHER TOOLS , THANK YOU FOR THIS

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      VIEW INDICATOR MANUAL Metatrader 4 version available  (FREE) Benefits: Shows multiple currency pairs correlation coefficient in a tabular form. 100% fully responsive table, fits at any screen size, with full customization. Can move the table anywhere in the chart. User can edit currency pairs, edit, add, remove different currency pairs.  Multiple table can be added on the same chart (add custom name) User can choose different time frames directly from the table menu. Works for all symbols av
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      PipTick Supply Demand MT5
      PipTick Supply Demand MT5
      Michal Jurnik
      PipTick Supply Demand is the best indicator we have ever made. This great tool automatically draws a supply and demand zones which are the best places for opening and closing the positions. It has many advanced features such as multi timeframe zones support, displaying width of zones, alert notifications for retouched zones and much more. Because of principle of market fractality, this indicator can be used for any kind of trading. It does not matter whether you are positional, swing or intraday
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      Entry Points Pro for MT5
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      Yury Orlov
      Dies ist ein Indikator für MT5, der genaue Signale für den Einstieg in einen Handel ohne Repainting (Neuzeichnen) liefert. Er kann auf alle Finanzwerte angewendet werden: Forex, Kryptowährungen, Metalle, Aktien, Indizes. Er liefert ziemlich genaue Schätzungen und sagt Ihnen, wann es am besten ist, eine Position zu eröffnen und zu schließen. Sehen Sie sich das Video (6:22) mit einem Beispiel für die Verarbeitung nur eines Signals an, das sich für den Indikator gelohnt hat! Die meisten Händler ver
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      Gold Stuff mt5
      Gold Stuff mt5
      Vasiliy Strukov
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      Breaking Pro MT5
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      Tais Miranda Hoffmann
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      Black Dragon indicator mt5
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      Ramil Minniakhmetov
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      InvestSoft
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      Channels Indicator MT5
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      Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
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      MR Range Breakouts 5
      MR Range Breakouts 5
      Sergey Khramchenkov
      The indicator created for the "Masters of Risk" trading system.      It shows the breakouts of the Range.      Shows the structure of the market and how is formed accumulation of volume on a large scale.      Red rectangles show where buyers remain locked in Range.      Blue rectangles show where sellers remain locked in the Range.      Yellow rectangle show the struggle between buyers and sellers in the Balance.      Dashed rectangles have been consumed by the market in both directions.      I
      150 USD
      MR Reversal Patterns 5
      MR Reversal Patterns 5
      Sergey Khramchenkov
      The indicator was created for the "Masters of Risk" trading system.   It shows the change in the trend structure of the market.  Indicator shows the key places in the market.  The patterns contain accumulated volume in the market.  The structure of the models is similar to the  MW indicators, but is created from scratch by the author's methodology.  Of the Patterns - Pattern 1 is more powerful than Pattern 2 for breaking the tendency of market movements.  In combination with "MR Range Breakouts
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      Support and Resistance Screener Pro MT5
      Support and Resistance Screener Pro MT5
      STE S.S.COMPANY
      Unterstützung und Widerstand, ein technischer Indikator für mt5, der die starken Unterstützungs- und Widerstandszonen basierend auf harmonischen Mustern und Marktvolatilität identifiziert. Wenn Sie auf unseren MQL5-Blog zugreifen, können Sie die kostenlose Version des Indikators herunterladen. Probieren Sie es aus, bevor Sie es kaufen, ohne die Einschränkungen von Metatrader Tester. :  Klicken Sie hier Hauptmerkmale Dynamische Unterstützungs- und Widerstandszonen Automatische Unterstützun
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      FXC iRSI DivergencE MT5
      FXC iRSI DivergencE MT5
      Zsolt Haromszeki
      FXC iRSI-DivergencE MT5 Indicator This is an advanced RSI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the RSI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: RSI Period: The Period size of the RSI indicator. R
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      Euporiafx Auto Analyst
      Euporiafx Auto Analyst
      ROFHIWA BRUCE NTHULANE
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      MR Volume POC Levels 5
      MR Volume POC Levels 5
      Sergey Khramchenkov
      The indicator was created for the "Masters of Risk" trading system.  The settings are compared with  volumes in NinjaTrader 8 terminal with CQG datafeed . The settings of EURUSD-6E , GBPUSD-6B , AUDUSD-6A and other currency pairs were compared.  It shows the POC ( Point of Control ) volume levels for the selected period of time.   Point of Control ( POC ) are not lines, they are zones.  Which zones are relevant and which are not, is determined by the author's methodology.  The indicator shows B
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      FX Power MT5
      FX Power MT5
      Daniel Stein
      You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Power   is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Features Complete str
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      Quantum Live Renko Charts Indicator for MT5
      Quantum Live Renko Charts Indicator for MT5
      QUANTUM TRADING SOFTWARE LIMITED
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      Configurable Dashboard Pro by RunwiseFX MT5
      Configurable Dashboard Pro by RunwiseFX MT5
      Runwise Limited
      Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
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      Netsrac Correlation Trade Indicator MT5
      Netsrac Correlation Trade Indicator MT5
      Carsten Pflug
      The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this. Five different correlation trading strategies with two or three assets Fast access your assets with one click via asset buttons Your profit/loss at a glance Configurable alerts via screen or mobile You can use the indicator with every timeframe. Higher timeframes give fewer but better signals. If you have some questions or suggestions - plea
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      Vilka Neo v5 for MT5
      Vilka Neo v5 for MT5
      Maksim Mihajlov
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      Sa No Tsuyoshi Kokorozashi
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      Sa No Tsuyoshi Kokorozashi
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      Sa No Tsuyoshi Kokorozashi
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      Auswahl:
      MAHMOUD SHWAISH
      2571
      MAHMOUD SHWAISH 2021.07.05 11:44 
       

      SIMPLE AND GOOD TO KNOW BREAKOUT LEVEL ASIDE WITH WITH OTHER TOOLS , THANK YOU FOR THIS

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