Adjustable Fractal MT4

4.77

Adjustable Fractal MT4 is a modification of Bill Williams' Fractals indicator.

The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions:

  • Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right;
  • Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right.

Unlike a standard indicator, Adjustable Fractal allows setting the number of bars to find fractals to the left and to the right of desired bars. This allows to flexibly determine the presence of fractals, for example during a long upward or downward movement.


Inputs

  • barsBefore - number of bars before a fractal used in calculation;
  • barsAfter - number of bars after a fractal used in calculation;
  • style - signal style (arrows, diamonds, squares, circles);
  • arrowOffset - offset of the array from the bar's High/Low in points.

You can set the arrows' color and size separately for upper and lower fractals on Colors tab.

Reviews 40
Razial187
1994
Razial187 2025.04.05 02:00 
 

Perfect indicator to help learn basic market structure. Thank You for this.

Tony Gregg
815
Tony Gregg 2025.03.18 16:14 
 

Nice simple indicator. Maybe add an alert feature with the fractal triggers/paints.

Kris
211
Kris 2024.09.12 16:56 
 

Perfect indicator. I found the setting: (Bar before= 5 and Bar after=2) to be the most accurate for the timeframes I use (5m,15m,1H).

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SimpleStop
Dmitry Timin
SimpleStop is a utility for professional traders: full support for the strategy tester for manual trading (Backtest) - placing, dragging, deleting orders (also available in the demo version); placing orders in one click at the price with no limits on the maximum allowed offset level, as well as in a closed market. The EA places an appropriate order at the appropriate time - stop, limit or opening a position by market within the maximum slippage; automatic Money Management; automatic placement of
Channel Notifier is a universal indicator, which can plot different types of channels with the ability to send notifications about the channel breakouts. A breakout can be registered based on different rules, such as the price directly reaching a new level, a bar closing beyond the channel, the whole bar being outside the channel, etc. The notifications can be configured as alerts in the MetaTrader terminal, or as push notifications to mobile devices. Input parameters Indicator - type of the i
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vlap02
24
vlap02 2026.05.10 08:17 
 

PERDECT

Razial187
1994
Razial187 2025.04.05 02:00 
 

Perfect indicator to help learn basic market structure. Thank You for this.

Tony Gregg
815
Tony Gregg 2025.03.18 16:14 
 

Nice simple indicator. Maybe add an alert feature with the fractal triggers/paints.

힛뜨
81
힛뜨 2024.12.30 04:19 
 

User didn't leave any comment to the rating

[Deleted] 2024.11.05 20:16 
 

User didn't leave any comment to the rating

Kris
211
Kris 2024.09.12 16:56 
 

Perfect indicator. I found the setting: (Bar before= 5 and Bar after=2) to be the most accurate for the timeframes I use (5m,15m,1H).

51323997
104
51323997 2023.09.15 10:22 
 

Perfect

toltec913
36
toltec913 2023.05.05 21:22 
 

Perfect. Thank you.

philjohn
15
philjohn 2023.01.16 22:47 
 

good indicator

Vmin
14
Vmin 2022.11.01 19:16 
 

Благодарю Вас. Индикатор отличный

David.fx
18
David.fx 2022.10.01 04:12 
 

Just what I needed to automate a strategy

Amar Kaan
45
Amar Kaan 2022.07.15 16:48 
 

User didn't leave any comment to the rating

Thippeswamaiah Jmath J M
158
Thippeswamaiah Jmath J M 2022.06.23 08:06 
 

good

barryflexen1
21
barryflexen1 2022.04.25 18:04 
 

Great. Exactly what i was looking for.

dante1357
15
dante1357 2022.02.15 07:39 
 

very good. please add an alert for when the last fractal breaks.

Nicolas Dobrovsky
839
Nicolas Dobrovsky 2021.12.19 08:34 
 

Good

Vu Quoc Balogh
216
Vu Quoc Balogh 2021.08.30 02:13 
 

Simple and amazing. Thank you so much. Before i found your indicator I have to use tradingview fractal to adjust the fractal. Now I can just do it on mt4. You are amazing. Thank you for your work.

Trap Lord
18
Trap Lord 2021.07.31 19:10 
 

The indicator is great, the only problem is that the arrow are disappearing, like some old arrow where the price didn't reverse when you refresh the page the arrow disappears itself, can you fix this issue please?

vinitrader
64
vinitrader 2021.07.31 03:13 
 

Excellent to be able to change color and settings. Good work.

Fiete Anja
45
Fiete Anja 2021.06.24 23:57 
 

User didn't leave any comment to the rating

12
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