Fractal Channel Breakout MT4
- 지표
-
KEENBASE SOFTWARE SOLUTIONS
Keenbase Trading은 트레이더가 더욱 정확하고 신뢰할 수 있는 거래 결정을 내릴 수 있도록 MetaTrader 4 및 MetaTrader 5용 전문 지표와 Expert Advisor(EA)를 개발합니다.
당사의 제품은 실전에서 활용할 수 있는 거래 로직과 직관적인 사용자 경험을 결합하여 안정성, 사용 편의성, 그리고 체계적인 리스크 관리에 중점을 두고 설계되었습니다. 모든 도구는 철저한 테스트를 거쳐 실제 시장 환경에서도 일관되고 안정적인 성능을 제공할 수 있도록 개발됩니다. - 버전: 1.0
KT Fractal Channel Breakout draws a continuous channel by connecting the successive Up and Down fractals. It provides alerts and also plots the Up and Down arrows representing the bullish and bearish breakout of the fractal channel.
Features
- If you use Bill Williams fractals in your technical analysis, you must also include it in your trading arsenal.
- It can be very effective and useful for stop-loss trailing.
- A new market trend often emerges after a fractal channel breakout in a new direction.
- It implements all Metatrader alerts.
What is Fractal
According to Bill Williams, an Up-Fractal is a series of "five" consecutive bars with the highest high in the middle and two lower highs on both sides.
And a Down-Fractal is a series of "five" successive bars with the lowest low in the middle and two lower lows on both sides.
A fractal is a point where price has failed to continue and end up making a new high or low. When price breaks these fractal points, it can be a strong indication of a trend continuation or a start of the new trend.
