Fractal LS Breakout

Fractal L.S Breakout Alert (v1.07)
A non-repainting indicator that detects confirmed fractals and alerts you when price breaks them. This indicator can complement any trading strategy by providing objective breakout confirmation and noise filtering.

Features

  • Non-repainting fractals – only confirmed highs and lows are marked

  • Breakout lines – vertical markers drawn when price closes beyond a fractal

  • Touch-mode option – detect breakouts on real-time touches or on candle close

  • Pip labels – optional labels showing breakout distance

  • Alerts – push, email, or popup notifications

  • New-fractal alerts – optional alerts on each newly confirmed fractal

  • Cleanup – one-click removal of fractal support/resistance and breakout objects

  • Styling – customizable arrow, line and label colors

  • Fractal timeframe – choose which chart timeframe your fractals are based on

  • Breakout timeframe – choose which timeframe is used to evaluate the breakout candle

  • Persistence – retains all fractal marks when switching chart timeframes or modifying inputs

How It Works

  1. Inputs (Inputs tab)

    • On Close BreakOut = true – detect breakouts only on candle close

    • On Close BreakOut = false – detect breakouts on real-time touch

    • Fractal Timeframe – select the timeframe on which fractals are detected (e.g. H1, H4, D1)

    • Breakout Timeframe – select the timeframe used to evaluate breakout candles (e.g. M15, H1)

    • Alert On New Fractal = true/false – enable alerts for each newly confirmed fractal

  2. On-chart display

    • Confirmed fractals are marked with up/down arrows

    • Support/resistance lines extend from each confirmed fractal high/low

  3. Breakout event

    • When price breaks a confirmed fractal, draws a vertical line at that bar/time

    • Shows a pip-distance label

    • Fires alerts according to your settings

  4. Cleanup buttons

    • Delete all fractal marks or only breakout marks

What’s New

  • v1.05: Arrows are now accurately drawn at the correct location when using higher timeframes.

  • v1.06: The indicator now reliably draws the user-selected confirmed fractal upon attachment or timeframe change, and prevents immediate retriggering if a breakout has already occurred.

  • v1.07: Added the option to enable alerts for newly confirmed fractals, with full user control.


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