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  • Recensioni (7)
  • Commenti (4)

Flexible Fractals Line

5

Description

This is an indicator for MT5 which has enhanced the "Fractals" indicator.

"Fractals" indicator is included in MT5 by default but the draw line period is fixed at "5" and it cannot be modified.  Thus I have reinvented the Fractals indicator with some useful function added.  This tool will be useful especially for those who are learning how to draw good horizontal lines and wants to get some reference.  Of course, those who are considering Fractals as an important horizontal line will also like it.

 Benefits of the Flexible Fractals Line indicator

  • Fractals Line On/Off
In case that we want to watch the chart without any lines, just set "switch off" from property menu.  No need to delete the indicator.

  • Change Fractals Calculation Period

Default parameter in this indicator is set at "21" but we can change it to any period.  Some prefer longer periods and others prefer shorter ones.

In any cases, please be noted that only "odd" number must  be set.  This is due to mathematical rule of fractals.


Settings

  • Line ON/OFF
  • Bars for Fractals Calculation (Must be Odd Number)
  • Line Color

    Tutorial 

     Please find the YouTube link on product introduction page.

      In the end, it is highly appreciated that you could leave any review,

      which will motivate me to develop more useful trading tool!  Thanks!


      Recensioni 7
      Andrew_ft
      74
      Andrew_ft 2024.03.11 14:20 
       

      Totally agree with whom reviewed before me, very simple but efficient,great indicator!

      Mohamed Tharwat Hussein El Sherief
      376
       

      One of the best Custom Fractals indicators for MT5. First: The indicator only shows the verified fractals and does not repaint. i.e, it waits for the right number of bars on the right of the candle. Second: The buffers are permanent and do not disappear. It is quite easy to call it with iCustom in your EA. The only feature I would request is the ability to choose the number of bars on left and on right . Thanks to the author for the well-thought-of indicator (with permanent Buffers!).

      Pavel048
      298
      Pavel048 2023.12.02 17:28 
       

      Недооцененный индикатор. Простой и надежный. Лучший индикатор для новичка в торговле. Ничего менять в настройках не нужно, да их и нет.

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      Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
      Trend Line Map Pro MT5
      STE S.S.COMPANY
      4.67 (9)
      Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
      TrendDecoder Premium MT5
      Christophe, Pa Trouillas
      5 (1)
      Identificare i range e le prossime mosse probabili     |    Ottenere i primi segnali e la forza delle tendenze     |    Ottenere uscite chiare prima dell'inversione     |    Individuare i livelli di Fibo che il prezzo testerà   |  Indicatore non tracciante e non ritardato - ideale per il trading manuale e automatizzato - adatto a tutti gli asset e a tutte le unità temporali 50% di sconto   - per il lancio poi torna a   >>   149 $ Dopo l'acquisto,   contattatemi su questo canale  per le impostazi
      MetaBands M5
      Vahidreza Heidar Gholami
      4.67 (3)
      MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
      Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
      Malaysian SNR Levels
      Matthias Horst Pieroth
      This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
      Volume by Price MT5
      Brian Collard
      5 (3)
      The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
      ICT Silver Bullet MT5
      Haidar, Lionel Haj Ali
      5 (19)
      ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need!  Before version 2.2, this indicator was focused only on ICT Silver Bullet, but moving forward, we will include the different elements for smart money concept trading. This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is
      Altri dall’autore
      Sync In Many Ways MT5
      Sa No Tsuyoshi Kokorozashi
      Description This is a Utility tool for MT5 which will make our chart analysis task quite more efficient and save large amount of time. As for chart analysis, some are watching out several symbol simultaneously with single timeframe and others are trading only one single pair with   multi timeframe analysis. For both, a common troublesome issue is “scroll chart to look back” or “draw chart objects” in multi charts at the same time.  Especially for those who are trading with multi timeframe soluti
      Look Back My Trading History MT5
      Sa No Tsuyoshi Kokorozashi
      5 (2)
      Description This is a utility tool for MT5 reminding traders of all the entry points by highlighting trading history. For those who just started to learn trading, one of the most efficient tips to improve their trading skill is to look back their own trading history. However, trade history arrow shown on MT5 chart is simply too small to find out, which will keep traders away from reviewing their trade, especially stupid mistakes like overtrading. By clearly showing their trade history and face i
      FREE
      This Is Something Useful
      Sa No Tsuyoshi Kokorozashi
      Description This is a utility tool for MT5, and it displays some useful information on charts for discretionary trading. Some of the information obtained by using indicators that are standardly installed by MT5 or by manual calculation is displayed on the chart from the beginning. Benefits of the This Is Something Useful MT5 The minimum necessary information that needs to be confirmed in discretionary trading can be displayed on the chart at any time. By using this tool, you can quickly acces
      FREE
      Description This is a utility tool for MT5, and it exerts a strong power for entry operations and fund management in discretionary trading. Although the standard trading panel provided by MT5 is very simple, it lacks some features that are considered particularly important for discretionary trading. This tool compensates for the lack of functions, but we have paid close attention not to implement excessive functions. Benefits of the Flexible Trading And Money Management MT5 Simple and Intu
      Flexible HVTF Feat Alert MT5
      Sa No Tsuyoshi Kokorozashi
      Description This is a Utility tool for MT5 which will keep us away from a chart in a nice manner, letting us know only a good trading opportunity. It is said that from novice to experts, one of the common and obviously the most important things to do is to “WAIT” for good trading opportunities to come.   On the other hand, it is not always that case that we are sitting in front of the chart when the trading opportunity comes. Thinking about chart analysis, at the same time, major tools used t
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      Andrew_ft
      74
      Andrew_ft 2024.03.11 14:20 
       

      Totally agree with whom reviewed before me, very simple but efficient,great indicator!

      Mohamed Tharwat Hussein El Sherief
      376
       

      One of the best Custom Fractals indicators for MT5. First: The indicator only shows the verified fractals and does not repaint. i.e, it waits for the right number of bars on the right of the candle. Second: The buffers are permanent and do not disappear. It is quite easy to call it with iCustom in your EA. The only feature I would request is the ability to choose the number of bars on left and on right . Thanks to the author for the well-thought-of indicator (with permanent Buffers!).

      Pavel048
      298
      Pavel048 2023.12.02 17:28 
       

      Недооцененный индикатор. Простой и надежный. Лучший индикатор для новичка в торговле. Ничего менять в настройках не нужно, да их и нет.

      kevin E.
      80
      kevin E. 2022.09.02 01:54 
       

      Great indicator. All thanks to the developer

      Fausto Sousa
      28
      Fausto Sousa 2021.12.13 11:44 
       

      top!!

      Marciano Santos
      100
      Marciano Santos 2021.11.16 19:07 
       

      Ainda estou testando mas achei esta ferramenta fantástica. Com ela consigo aumentar o período e criar suportes e resistências com consistência e que me ajudam a tomar decisões.

      MAKARIOS YACOUBIAN
      2891
      MAKARIOS YACOUBIAN 2021.07.05 11:44 
       

      SIMPLE AND GOOD TO KNOW BREAKOUT LEVEL ASIDE WITH WITH OTHER TOOLS , THANK YOU FOR THIS

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