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Fractals MTF

60 USD

Demo downloaded: 14

Published: 24 October 2024

Current version: 1.21

Fractals MTF

Indicators
Kong Yew Chan
Kong Yew Chan
Singapore

357
Version: 1.21
Updated: 25 October 2024
Activations: 20

Multi-Timeframe Fractal Indicator Description for MQL5

Introducing the Multi-Timeframe Fractal Indicator!

Key Features:

Multi-Timeframe Analysis: Analyze Fractals on a timeframe independent of your chart's current timeframe. Gain insights from higher timeframes for informed trading decisions.
Customizable Parameters:
- Timeframe: Choose the timeframe on which Fractals will be calculated (e.g., Daily, H4, etc.).
- Number of Bars: Specify the number of bars considered around a potential Fractal for confirmation.
- Arrow Shift: Adjust the position of the indicator's arrows for better visibility on your chart.
- Arrow Symbols: Select from a variety of arrow styles to represent Fractals.

Benefits:

Improved Trade Timing: Identify potential turning points earlier by leveraging Fractals from different timeframes.
Enhanced Confirmation: Customize the indicator's parameters to refine your Fractal identification and strengthen your trading signals.
Clear Visualization: Easily spot Fractals with visually distinct arrows placed directly on your chart.

Who is this Indicator For?

This indicator is ideal for traders who:

Utilize Fractal analysis in their trading strategy.
Want to analyze Fractals on a timeframe independent of their chart view.
Seek a customizable tool to refine their Fractal identification.

more...

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inp_timeframe: Set Timeframe of indicator MA Parameters: (Same as standard moving average indicator) inp_MA_period, inp_MA_shift, inp_MA_method, inp_MA_price: Moving Average Period, Moving Average Shift, Moving Average Method, Moving Average Price Please take note that using a MA_shift of 0 will result in a different result when the indicator is reloaded for higher time frame This indicator only accepts shift>0 This is due to the indicator showing the current time moving average and atr at the c

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place a vwap line starting from the line placed on the chart parameters: tick_mode: enable to use ticks instead of bars. this uses a lot more cpu processing power prefix: prefix to add for line created by indicator line_color: set the color of the line created line_style: set the line style of the line created applied_price: set the price of bar to use of the bar std_dev_ratio: set the multiplier for the std dev channel

60 USD

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Fractals MTF

Kong Yew Chan

Multi-Timeframe Fractal Indicator Description for MQL5