Geo Fractals

5

This is professional fractals indicator able to work "on several screens" while on a single chart.

The product has been developed for scalpers and those relying on "accurate" entries.

The indicator shows fractals from six timeframes and displays the distance between the price and a new emerging fractal on lower timeframes showing the price behavior more clearly and making its analysis more accurate on reversal points.

The indicator displays fractals from the D1, H4, H1, M15, M5 and M1 timeframes simultaneously.

To select the required timeframes to display use the corresponding parameters of the indicator:
  • ShowW1=true;
  • ShowD1 = true;
  • ShowH4 = true;
  • ShowH1 = true;
  • ShowM15 = true;
  • ShowM5 = true;
  • ShowM1 = true;

For M1 and M5, the distance from the price (Bid and Ask) is shown in points.

If the fractal is not broken, it is displayed as a dashed line. The tooltips indicate a timeframe a line belongs to.

The broken fractal is displayed as a solid line and accompanied by a text label showing the timeframe the line belongs to.

You are able to detect the fractal line broken by the price or the impossibility of breaking the level and decide on the further price behavior.

Only one parameter is used as an input: whether 1 point should be added (10 pips for five-digit symbols) to display fractal levels.

When displaying upper fractals, the current spread is added as well.


Parameters

  • Show W1, ShowD1, ShowH4, ShowH1, ShowM15, ShowM5, ShowM1 = true; - True or False - select the required timeframes to display
  • UseShift - if True, the fractal lines are moved by 1 point (10 pips for five-digit symbols) from the price extreme values. If False, the lines are not moved. I set the parameter to True. This allows me to put stop levels directly behind the fractal lines.
Reviews 1
jmhuang
3144
jmhuang 2020.11.20 11:00 
 

for me, one of the best support resistance indicator and the best fractal! So glad I got it. HAS REALLY GOOD FEATURES YOU DO NOT GET IN OTHER INDICATORS.

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Detect Indirection Break Out Signal with high success rate. Price will increase to 119$ By Tomorrow Introduction to Market Structure Break Out (MSB) , this indicator is an advanced tool designed for both MT4 and MT5 platforms , helping traders view market movement through the lens of price structure. It identifies and highlights key trading signals using arrows and alerts, both in the direction of the trend and against it (reversal signals). One of its standout features is the ability to draw u
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Stop searching for and trying new indicators! Get Winshots Massive FX Profits indicator and set yourself apart from the crowd.  Years of trading experience led us to the building of this all in one indicator! Trade like the pro with Winshots Massive FX Profits! This indicator uses the following methodologies to help you become a more consistent profitable trader: - MARKET VOLUME PROFILE - DAILY CANDLE OUTLINE  - ATR LEVELS - DAILY PIVOTS LEVELS - PRICE CYCLES ANALYSIS What is VOLUME PROFILE?
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For professionals in candlestick and technical analysis! This is your tool! The innovative GeoShowCond indicator allows you to quickly test candlestick patterns that you describe yourself! You define formula‑based buy and sell conditions, for example: B1=close[i] > high[i+1] && low[i] > low[i+2] S1=close[i] < low[i+1] && high[i] < high[i+2] B2=close[i] > high[i+2] S2=close[i] < low[i+2] B3=close[i] > high[i+1] && low[i] < low[i+1] && low[i] < low[i+2] && low[i] < low[i+3] S3=close[i] < low[
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jmhuang
3144
jmhuang 2020.11.20 11:00 
 

for me, one of the best support resistance indicator and the best fractal! So glad I got it. HAS REALLY GOOD FEATURES YOU DO NOT GET IN OTHER INDICATORS.

Georgij Komarov
1544
Reply from developer Georgij Komarov 2021.01.01 13:12
Thank you, jmhuang .
Happy New Year!
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