Fractals Support Resistance MT4

4.57

This indicator shows arrows as Support and Resistance from current time frame (Yellow arrows) and 2 higher TF by your choice

(TF2 = Aqua arrows, TF3 = Magenta arrows and TF4 = Blue arrows).

When all 3 color arrows are appearing in the same place then this is a good time to enter a new position.


Inputs

  • NumOfBars - number of Bars where the indicator will show all arrows;
  • DistanceArrow - you can increase the distance (vertically) between arrows especially on higher TF.
Reviews 8
Rafael Cadosch
702
Rafael Cadosch 2019.05.01 16:22 
 

Extremely good indicator of reversals. You wait until top or bottom its made, you confirm it with TDI or Stochastics, and set to go!

Thamer Alenezi
261
Thamer Alenezi 2018.06.18 13:56 
 

perfect work

rainwalker123
3431
rainwalker123 2017.03.21 16:30 
 

Very Good Indicator, which slight repaints. With good moneymanagement and hedging, a great help in daytrading.

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Multi TimeFrame Indicator "MTF CCI Trigger" based on the Commodity Channel Index from the upper TF (input parameter "TimeFrame") yellow line. Aqua line is representing ATR envelopes from the current TF. Green and Red arrows is triggered by CCI and represented UP and DOWN trends accordingly.
The BBImpulse indicator is based on the standard Moving Average indicator. You have MA input parameters: maPeriod - Moving Average period; maMODE - Moving Average mode (0 = MODE_SMA; 1 = MODE_EMA; 2 = MODE_SMMA; 3 = MODE_LWMA); maPRICE - Applied price (0=PRICE_CLOSE; 1=PRICE_OPEN; 2=PRICE_HIGH; 3=PRICE_LOW; 4=PRICE_MEDIAN; 5=PRICE_TYPICAL; 6=PRICE_WEIGHTED). Green Histogram is representing an UP-trend, Red Histogram is representing a Down-trend.
Multi TimeFrame indicator MTF ADX with Histogram shows ADX indicator data from the TF by your choice. You may choose a TimeFrame equal or greater than current TF. Yellow line is representing a price trend from the upper TF. Green line is representing +DI from the upper TF. Red line is representing -DI from the upper TF. Green histogram is displaying an Up-trend. Red histogram is displaying a Down-trend.
This Indicator creates 2 white lines based on Exponential Moving Averag e of High and Low prices. You can regulate how many bars will be involved in the calculation with input parameter HL_Period. Red and Blue arrows are displaying the moment to go Short and Long trades accordingly.
The most common way to interpreting the price Moving Average is to compare its dynamics to the price action. When the instrument price rises above its Moving Average, a buy signal appears, if the price falls below its moving average, what we have is a sell signal. To avoid a spontaneous entries one may use this update from Moving Average Indicator = Stepper-MA.
Envelopes technical Indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward. Envelopes define the upper and the lower margins of the price range. Signal to sell appears when the price reaches the upper margin of the band; signal to buy appears when the price reaches the lower margin. To avoid a spontaneous entries one may use this update from Envelopes Indicator = Envelopes-Stepper.
The interpretation of the Bollinger Bands is based on the fact that the prices tend to remain in between the top and the bottom line of the bands. Abrupt changes in prices tend to happen after the band has contracted due to decrease of volatility; If prices break through the upper band, a continuation of the current trend is to be expected; If the pikes and hollows outside the band are followed by pikes and hollows inside the band, a reverse of trend may occur; The price movement that has starte
Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 34, 55, 89, 144, ... By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers. Instead of the standard moving average, the indicator uses the caluclation of average price in form: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 +... Input parameters:  FiboNumPeriod (15) - Fibonacci period; nAppliedPrice (0) - applied price (PRICE_CLOSE=0; PRICE_OPEN=1; PRICE_HIGH=2; PRICE_LOW=
This indicator present a main Moving Average line with input parameters maPeriod_1, maMethod_1 and maAppPrice_1. The second line will be a calculation of the Moving Average data of a first line with input parameters maPeriod_2, maMethod_2. The third line will be a calculation of the Moving Average data of a second line with input parameters maPeriod_3, maMethod_3. To avoid a spontaneous entries one may use this indicator-stepper.
This indicator (as almost all others) is based on classical Moving Averages. It shows the Average Bar under the current bar colored in aqua or over the current bar colored in orange. Input Parameters: ma_Period and ma_Method. The Average Bar maybe helpful to predict where the price will move in the nearest future. Of course, this "near future" depends of the current time frame.
Buy when the market is falling and sell when the market is rising. When the market is moving down you start observing and looking for buy signals. When the market is moving up you start looking for sell signals. This indicator points to the moments to Buy (Blue arrow) and to Sell (Orange arrow). Two input parameters: barsNumber and step for optimization (depending on symbol and Time Frame).
This indicator shows: A green light in case the price goes up; A red light in case the price goes down; A yellow light in case there are a sideways trend. A sideways trend is the horizontal price movement that occurs when the forces of supply and demand are nearly equal. This typically occurs during a period of consolidation before the price continues a prior trend or reverses into a new trend
This indicator is created for M1 timeframe. It shows how many ticks has occurred during current minute and ( after the slash) the sum of points Up (aqua color) and Down (orange color). In times of a high trading activity a grow up number of ticks Up and Down will signal of a big move of the price in the near future. In times of a high trading activity a grow up number of sum of points Up and Down will signal of a big move of the price in the near future too.
Two yellow lines. This is similar to classical Envelopes but with automatic deviation. The Envelopes indicator is   a tool that attempts to identify the upper and lower bands of a trading range. Aqua line. This is a classical Commodity Channel Index added to the Envelopes on the chart, not in a separate window. The Commodity Channel Index ( CCI ) is a technical   indicator   that measures the difference between the current price and the historical average price.
Probability deals with the likelihood of an event happening.   Forex   probability indicates a possibility at a specific time. This is because the forex market is highly volatile, and predicting future events affecting it is impossible. This indicator will show a positive number above the current High or negative number under the current Low as a probability of the trend. Higher time frames usually show a higher probability, even more then 100%.
Envelopes is an excellent indicator when the market is trending. Open Long position when the ClosePrice crossed the upper Aqua band. Close Long position when the Price crossed the upper Yellow band moving down. Open Short position when the ClosePrice crossed the lower Aqua band. Close Short position when the Price crossed the lower Yellow band moving up.
Moving Average Bars is a self-explanatory indicator with one input parameter: nPeriod. When the previous Price Close is above the previous indicator Bar, the probability to go Long is very high.   When the previous Price Close is under the previous indicator Bar, the probability to go Short is very high.
This indicator is based on the same idea as https://www.mql5.com/en/market/product/2406 , but instead of Average Bars it uses series or Fibonacci sequence. When the previous Price Close is above the previous indicator Bar, the probability to go Long is very high. When the previous Price Close is under the previous indicator Bar, the probability to go Short is very high.
This indicator is based on two ideas: Correlations between 5 main currency pairs: EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD; US Dollar Index = the value of the United States dollar relative to a basket of foreign currencies. The use of the indicator is the same as classical  Commodity Channel Index  (CCI) indicator. CCI is calculated with the following formula:  (Typical Price - Simple Moving Average) / (0.015 x Mean Deviation) (Typical Price - Simple Moving Average) / (0.015 x Mean Deviation)
A  tick  is a measure of the minimum upward or downward movement in the  price  of a security. A  tick  can also refer to the change in the  price  of a security from one trade to the next trade.  This indicator will show amounts of ticks when the price goes up and down. This indicator is designed for M1 time frame and shows: Sum of points when the price goes up (Green Histogram). Sum of points when the price goes down (Red Histogram). 
This indicator is a combination of 2 classical indicators MA and RVI. The Relative Vigor Index (RVI) is a momentum indicator used in technical analysis that measures the strength of a trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average   The input parameter  counted_bars  determines how many bars the indicator's lines will be visible. The input parameter MaRviPeriod  is used for MA and RVI calculation.
This indicator is a combination of 2 classical indicators: MA and Force Index. The input parameter  counted_bars  determines on how many bars the indicator lines will be visible. The input parameter  MaForcePeriod  is used for MA and Force calculation. You may go Long if the current price crossed Up the Ribbon (HISTOGRAM)  and you may go Short if the current price crossed Down the Ribbon (HISTOGRAM)
This indicator is a combination of 2 classical indicators: MA and CCI. Two moving averages form Upper and Lower bands. The input parameter  counted_bars  determines on how many bars the indicator's lines will be visible. The input parameter  barsNum  is used for MA and CCI calculation.
This indicator is using 2 classical indicators: Commodity Channel Index from the higher TF (which you may change using input parameter TimeFrame ) and Average True Range from the current TF. The Green ribbon indicates the upper trend and the Red ribbon indicates the down trend. Buy when the Yellow line crosses the Upper bound (Aqua line). Sell when the Yellow line crossover the Lower bound (Aqua line).
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Shaakgomo Johannes Shai
175
Shaakgomo Johannes Shai 2023.05.02 18:32 
 

THE indicator is not working on my chart can u please check why is not showing any fractal on my chart please.

Rafael Cadosch
702
Rafael Cadosch 2019.05.01 16:22 
 

Extremely good indicator of reversals. You wait until top or bottom its made, you confirm it with TDI or Stochastics, and set to go!

Trader mql5
1325
Trader mql5 2019.04.05 07:00 
 

Gives you a heads up when a reversal is due. Watch your other indicators line up and pips away! Was my very first indicator I bought from Market many years ago and the only one standard on all my templates/profiles. MUST HAVE!! You will note that the logic is used in many, many paid EAs and indicators as a primer for the next direction, but hidden from us. With this, trading makes more sense especially if you can monitor the swings from other TFs. Not for novice traders unless you understand that you must not react on a signal - you wait for other signals from other indicators or price action to confirm when the swing will happen, with this you already know which direction the price will go. The WHEN and HOW LONG is the mystery to solve.

Yes, it repaints. It is supposed to, stupid :0 - It is not a signal, but a heads-up.

Thamer Alenezi
261
Thamer Alenezi 2018.06.18 13:56 
 

perfect work

mahaon2
195
mahaon2 2017.11.22 05:26 
 

Индикатор хорош! Но хорошо было бы добавить алерты, спасибо

rainwalker123
3431
rainwalker123 2017.03.21 16:30 
 

Very Good Indicator, which slight repaints. With good moneymanagement and hedging, a great help in daytrading.

fabbry72
1389
fabbry72 2016.05.11 22:32 
 

Very Good indicator. Obviously repaint but togheter others indicator that shows OB e OS and candlesticks pattern can give important reversal point. Only 4 stars 'cause I'm waiting an improvement by the author :-)

Than become 5 stars

Useful

P.S.: Leonid told me that will arrange to publish new version with TF4 ..... good now 5 STAR

Tuanyer De Los Santos
1478
Tuanyer De Los Santos 2015.05.15 18:22 
 

Good Indicator. I use it on D1/Week/Month with Tick analysis, combined with oversold and overbought indicator.

And really work with good performance.

Note: The arrow is moved if the a new S/R is detected, but to confirmed the entry I suggest wait after the Oversold and overbought indicator (Crossed: 80% or 20% bar closed)or condition are met, then you BUY....Is good technical trading method.....at leas for me.

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