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  • Reviews (34)
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PZ Reversal Fractals MT4

This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Reversal fractals can start long trends
  • The indicator is non repainting
  • It implements alerts of all kinds
  • Customizable colors and size

This indicator is a reactive or lagging signal, because a a fractal is a formation of an odd number of bars being the middle bar the highest or lowest in the formation, and the indicator draws when the all bars in the fractal close. However, traders with a pre-existing directional bias will find this indicator extremely useful, picking up early entry points.

This indicator is not a boiled-down signals indicator nor a complete trading system. Please don't evaluate or review it as such.


Input Parameters

  • Bars in Fractal: Amount of bars in each fractal. Must be an odd number such as 3, 5, 7, 9, 11, 13, ...
  • Max History Bars: Amount of past bars to evaluate when the indicator loads.
  • Colors: customize arrows and lines colors and sizes.
  • Alerts: Enable or disable alerts of all kinds.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Reviews 34
Oanda4
24
Oanda4 2021.04.25 00:00 
 

I thank you very much

Hafiz Tamur Ahmed
161
Hafiz Tamur Ahmed 2021.03.28 09:42 
 

It's quite good work. I have used it with the default settings integrating it into my EA for scalping.

pedrogalhardo
14
pedrogalhardo 2021.03.20 23:17 
 

Very good and useful.

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You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its rol
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Bermaui Channel
Bermaui Channel
Muhammad Elbermawi
This is a price channel that shows five important price levels on the chart. Those levels are: The Highest High (HH) of the previous x bars. The Highest Low (HL) of the previous x bars. The Center Line . The Lowest High (LH) of the previous x bars. The Lowest Low (LL) of the previous x bars. Try Bermaui Channel Demo version: https://www.mql5.com/en/market/product/47663 How to use the buffers to build your own expert advisor: https://www.mql5.com/en/blogs/post/734560 How does Bermaui Chan
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TPA True Price Action MT4 Indicator
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our cust
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TickUnit Scalper Currency Strength28 PRO
TickUnit Scalper Currency Strength28 PRO
Bernhard Schweigert
CURRENTLY 26% OFF !!   This indicator is a super combination of both our main indicators ( Advanced Currency Strength 28 and Advanced Currency IMPULSE with ALERT ). It shows Currency Strength values for TICK-UNITS and alert signals for 28 Forex pairs. 11 different Tick-Units can be used. Those are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, and 30 Seconds. The Tick-Unit bar in the sub-window will be shown and shifted to the left when there is at least 1 tick within the second’s timer.  With only ONE
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Arturo Lopez Perez
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Filter:
Oanda4
24
Oanda4 2021.04.25 00:00 
 

I thank you very much

adnanadnan
679
adnanadnan 2021.04.10 15:20 
 

will rate later

Hafiz Tamur Ahmed
161
Hafiz Tamur Ahmed 2021.03.28 09:42 
 

It's quite good work. I have used it with the default settings integrating it into my EA for scalping.

pedrogalhardo
14
pedrogalhardo 2021.03.20 23:17 
 

Very good and useful.

vlbat1950
14
vlbat1950 2021.03.05 07:15 
 

Хороший индикатор. Предложение сделать так чтобы показывал точки входа не на каждом минитренде, а на более длительных.

Fernando Alonso
173
Fernando Alonso 2021.03.02 12:36 
 

Love the indicator. very good

Equinox100
101
Equinox100 2020.12.15 13:48 
 

Works great when used with the Market Maker Method. Scan the H4/D1 charts and trade-off the H1 or M15

yuriy224
24
yuriy224 2020.11.21 03:03 
 

Отличный индикатор, даёт сигналы после отката, спасибо.

sebast
14
sebast 2020.10.22 12:41 
 

Impossible to charge on mt4 !!

philippe germain
2447
philippe germain 2019.08.19 18:06 
 

Can be used to help to find trading direction.

gmailtalius
101
gmailtalius 2020.08.16 14:44 
 

Actually quite useless in smaller timeframe, as the signal come 3 to 5 candles behind the actual price which is quite normal and usual for fractals. As the author mention himself this is extremely lagging indicator. And this is the reason why (as mentioned earlier) just 20% wrong signals wipe off the 80% of profit. In a bigger time frame could be more effective, but again one week of choppy market will wipe off all your profit. As I said - useless.

dkwaiwan
66
dkwaiwan 2020.07.11 05:22 
 

This is a very good refernce of reversal. I am using the crossing of fast and slow RSI to confirm the reversl trend, the signal is quite accurate.

cvdestyfx
2246
cvdestyfx 2020.07.08 17:10 
 

Useless indicator! By the time you get a signal it is either false or too late. If you don't want to lose your money, then stay away from this indicator!

twc14n4
14
twc14n4 2020.06.26 05:33 
 

Good Indicator. Thank you so much for share.

dyakoo
120
dyakoo 2020.06.12 11:39 
 

greatttt indicator thanks man

befonk
59
befonk 2020.06.04 14:25 
 

Very useful indicator for spotting reversals.

M.Ajorluo Ajorluo
35
M.Ajorluo Ajorluo 2020.05.30 04:15 
 

User didn't leave any comment to the rating

Mikhail Ryzhachenko
664
Mikhail Ryzhachenko 2020.05.28 12:12 
 

Посмотрим!

liljon
87
liljon 2020.03.25 13:26 
 

Задним числом рисует сингал

fuadhussain1000
108
fuadhussain1000 2020.03.20 18:24 
 

Hi Arturo, I have liked your indicator very much, it gives good signals. I wanted to ask if you can develop a Dashboard for this Fractal indicator that can scan all currencies pairs and inform if a fractal has appeared on a given timeframe. Thanks

fate asadi
180
fate asadi 2020.03.14 15:14 
 

good

ALI ABBOOD ATIYAH AL-HADRAWI
774
ALI ABBOOD ATIYAH AL-HADRAWI 2020.01.22 00:17 
 

User didn't leave any comment to the rating

Alex Rogers
68
Alex Rogers 2020.01.08 15:21 
 

User didn't leave any comment to the rating

Wichai Chomvijit
983
Wichai Chomvijit 2019.12.26 07:15 
 

Great job. Thank you so much for share.

duerrmann
242
duerrmann 2019.11.27 13:06 
 

In combination with an EMA100 good indicator.

testerazer
37
testerazer 2019.11.01 13:06 
 

non repainting indicator!!

[Deleted] 2019.10.28 02:58 
 

User didn't leave any comment to the rating

RyderQ
96
RyderQ 2019.10.09 11:44 
 

Awesome indicator not 100% but no indicator is but damn it comes close!! and also it does not repaint big props

Evgeny Belyaev
295752
Evgeny Belyaev 2019.10.04 22:47 
 

I really like this one and use it in most of my chart set ups

Sergey Zhuravkov
2136
Sergey Zhuravkov 2019.09.18 14:12 
 

А как с ним лучше работать?

Monireh Ali Shahi
207
Monireh Ali Shahi 2019.09.04 13:44 
 

RZ is always grat

sunnychow
8699
sunnychow 2019.08.21 17:22 
 

Thanks for share

Frank Gu
180
Frank Gu 2019.08.21 17:22 
 

love the indicator. Waiting for EA based on that from Arthur.

Tufail Shahzad
236
Tufail Shahzad 2019.08.18 02:59 
 

Hi Artour, I am a big fan of your indicators. I just inserted this reversal fractal on the XAUUSD H1 chart, 80% of the signals looks to be accurate but 20% of the signals will eat/washout earnings from the 80% traded pips. If you want me to send you chart screenshots/video I can share it with you to help you improve this indicator.

Arturo Lopez Perez
891127
Reply from developer Arturo Lopez Perez 2021.04.05 21:41
Use my Multi TDI Indicator as confirmation. You'll never be the same again.
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