Fractal Overcome

Indicator Description

The indicator shows the breakout of the last fractal in real time. It considers the buy fractals above the balance line and sell fractals below the balance line (according to the Bill Williams' strategy), and also the fractals that are independent of the balance line. The direction and the distance of the fractal level breakout are displayed in real time. When a candle closes outside the suitable fractal, the levels of the specified offset, the distance to the candle closure and the distance to the candle High are displayed on the chart. The arrow of the supposed trend is also displayed. In the case of a false breakout (price returns behind the fractal level), a corresponding arrow is displayed on the chart.

At startup the indicator scans the available memory once. Further operation is performed only on the real time data.


The basis of the strategy of using the indicator:

According to the "Profitunity" strategy of Bill Williams, it is necessary to find the buy fractal first, which must be located above the balance line (Alligator's Teeth, red line). This fractal is the entry level. That is, when there is an upward breakout of this fractal, open a buy position. And while the Alligator is in the hungry state and the market is above the fractal, you may add buy positions using all five dimensions. As the trend develops, there will be new buy fractals on the chart, the level of which can also be used for opening new positions in order to maximize the profit. To sell, it is necessary to focus on the fractals below the balance line.


The indicator settings:

  • Good Arrow color - color of the trend direction arrow during a fractal level breakout
  • Good Arrow width - size of the trend direction arrow during a fractal level breakout
  • Bad Arrow color - color of the false breakout arrow
  • Bad Arrow width - size of the false breakout arrow
  • Range Start Color - color of the offset zone from the fractal level to the offset level
  • Range Close Color - color of the zone from the offset level to the candle closure level
  • Range High Color - color of the zone from the candle closure level to the candle High level
  • Breakout Shift - offset from the fractal level to the breakout (in points)
  • Must it use the Balance Line? - use the balance line when considering fractals?
    • true - use
    • false - do not use
  • Must it use the Push Notification? - use Push-notifications to the MetaQuotes ID?
    • true - use (the MetaQuotes ID must be specified in the terminal settings)
    • false - do not use
  • Must it use the Alert Notification? - use Alert notifications?
    • true - use (a message with a sound will be displayed))
    • false - do not use
  • Must it use the Mail Notification? - use E-Mail notifications?
    • true - use (the corresponding field must be filled) in the terminal settings)
    • false - do not use
  • Is it used in tester? - is the indicator being used in the strategy tester?
    • true - prices of the strategy tester are used. The Ask price is missing, but the indicator works correctly in the tester. It can be used in real-time quotes, but without the Ask prices
    • false - the Bid and Ask prices from the quotes stream are used. In this mode the indicator will work incorrectly in the strategy tester.
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Daily Candle Predictor is an indicator that predicts the closing price of a candle. The indicator is primarily intended for use on D1 charts. This indicator is suitable for both traditional forex trading and binary options trading. The indicator can be used as a standalone trading system, or it can act as an addition to your existing trading system. This indicator analyzes the current candle, calculating certain strength factors inside the body of the candle itself, as well as the parameters of
Prophet
Andriy Sydoruk
Indicators
Prophet is a trend indicator. Shows the direction of turning points. Can be used with an optimal risk-to-profit ratio. The arrows indicate favorable moments and directions for entering the market. Uses one parameter for setting (adjust from 1 to 3). The probability of a successful trend is very high. In the course of work, the take-profit is much larger than the stop-loss! Works on all currency pairs and on all timeframes.
Atomic Analyst
Issam Kassas
5 (13)
Indicators
This product was   updated   for   the 2026 market   and   optimized   for the   latest MT5 builds. PRICE UPDATE NOTICE: Atomic Analyst is currently available for $99. The price will increase to $199 after the next 30 purchases. SPECIAL OFFER:  After purchasing Atomic Analyst, send me a private message to claim the Smart Universal EA for FREE and turn your Atomic Analyst signals into automated trades. Atomic Analyst is a non-repainting, non-redrawing, and non-lagging price action trading indic
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AO Patterns
Dmitriy Falkov
Indicators
The indicator displays a formed pattern of the AO (Awesome Oscillator) indicator at the signal bar according to the "Profitunity" strategy by Bill Williams. The patterns differ in colors, location and number. The indicator can notify the user about the appearance of a new pattern. It is important to remember that you must not use the signals of the "АО" indicator until the appearance of the first buy/sell fractal outside the alligator mouth. Types and designation of the patterns Buy 1 - "Saucer
Night Range
Dmitriy Falkov
4 (2)
Indicators
This is a simple indicator that draws a night range. The start and the end of a working day are specified in hours, color rectangles are adjusted as well. It helps to view the history in search for regularities , excluding unpredictable night time. It can be used to search for a breakthrough of the night range. It is drawn as a background , and does not cover a chart and other indicators .
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Fibonacci Pivots
Dmitriy Falkov
Indicators
The indicator presents reversal points by Fibo levels based on the previous day prices. The points are used as strong support/resistance levels in intraday trading, as well as target take profit levels. The applied levels are 100%, 61.8%, 50%, 38.2%, 23.6%. The settings allow you to specify the amount of past days for display, as well as line colors and types. Good luck!
Bollinger Histogram
Dmitriy Falkov
Indicators
The histogram of the difference between upper and lower levels of the Bollinger Bands. Growth of the histogram means the expansion of the range on a trend interval, reduction means the narrowing of the range during corrections. The histogram is colored: the bullish trend areas, the bearish trend areas and corrections areas are displayed with different colors. Like other trend indicators it gives clear signals, but with delay. There is additional information about the color changes (change or end
AO and AC Zones
Dmitriy Falkov
Indicators
According to Bill Williams' trading system, the zone is formed by the combination of Accelerator Oscillator (AC) and Awesome Oscillator (AO). When they go up, we are in the green zone. When AO and AC bars are red, we are in the red zone. If one of the bars is red, while another is green, we are in the gray zone. When the current AC and AO histogram bars exceed the previous ones, the indicator is colored in green. If the current AC and AO histogram bars are below the previous ones, the indicator
Daily Range
Dmitriy Falkov
Indicators
The indicator highlights the affected period taking the highest and the lowest prices into account. It is possible to choose any time period from 1 hour to 24 hours. It also optionally shows the target levels when trading at the breakout of the range in any direction. The target level value is given in percentages of the width of the previous range. The indicator is the improvement and extension of the free version . It works on timeframes from M1 to H1. It warns at the higher timeframes. Setti
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This is an irreplaceable assistant for manual trading providing maximum automation of daily routine calculations, convenient system of opening and maintaining trades and also their closure on reaching a specified adjustable level. The untility provides maximally clear and complete information on the current situation of each instrument separately and features the convenient trading panel as well as many additional functions in one program. The product works correctly with all instruments (Forex,
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