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Indicators: Fractal Support & Resistance Levels

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MetaQuotes Software Corp.  

Fractal Support & Resistance Levels:

The indicator draws support & resistance levels based on the last MN1, W1, D1, H4 and H1 fractals.

Author: Alexander Elgin

issa_pa
62
issa_pa  

hi

thanks for sharing

could you please explain how can we use this?

regards

Alexander Elgin
12109
Alexander Elgin  

Do you understand

  • what resistance is
  • what support is

?

MQL4 Comments
16319
MQL4 Comments  
This indicator might help trade the system shown here: https://www.youtube.com/watch?v=NtD_iYnyo74#t=13 (no, it's not anything to do with me).
issa_pa
62
issa_pa  

hi

thanks for sharing

could you please explain how can we use this?

regards

Alexander Elgin
12109
Alexander Elgin  

Do you understand

  • what resistance is
  • what support is

?

MQL4 Comments
16319
MQL4 Comments  
This indicator might help trade the system shown here: https://www.youtube.com/watch?v=NtD_iYnyo74#t=13 (no, it's not anything to do with me).
Darren Wong
264
Darren Wong  
Hi, is it possible to add the option of switching on/off  H1/H4/D1/W1/MN levels?
Alexander Elgin
12109
Alexander Elgin  
DarrenWcW16:
Hi, is it possible to add the option of switching on/off  H1/H4/D1/W1/MN levels?
Yes
Taufiq
113
Taufiq  

Hello Alex,

Thank you for sharing your indicator.

I have problem that the setting of lines color has no effect. Would you please enable it? Or maybe there is something I did wrong?

All the best.

Alexander Elgin
12109
Alexander Elgin  
Taufiq:

Hello Alex,

Thank you for sharing your indicator.

I have problem that the setting of lines color has no effect. Would you please enable it? Or maybe there is something I did wrong?

All the best.

I can implement it as a custom job, if you need.
12
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