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Fractals scanner MT5

This multi time frame and multi symbol indicator identifies fractals patterns. As a bonus it can also scan for Parabolic SAR (pSAR) trend changes.


The indicator writes the signals to a text file which can be used by an Expert Advisor (EA) for auto trading. For instance this product. You can find more information about the content and location of the text file in the blog.

Features

  • Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
  • Monitors every timeframe, from M1 to MN, and sends you a real-time alert when when the pattern or trend change has been identified.
  • Can use RSI and/or moving average as trend filters to properly identify potential reversals.
  • The indicator includes an interactive panel. When clicking on an item a new chart will be opened with the symbol and time frame in question.

It is enough to place the indicator on one chart and you will receive an alert from any symbol and any time frame of your choice.

Input parameters

The description and explanation of the input parameters can be found here.


Please note that due to the multi functionality neither buy and sell advice nor lines and arrows will be drawn on the chart where the indicator is installed. An arrow showing the pattern will be drawn on the chart which will be opened by clicking on a signal in the panel.

I recommend you to put the indicator on a EURUSD M5 chart, preferable a clean chart without any other indicators or Expert Advisor on it.


 


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The main advantage of this indicator is filtering of buy and sell signals in the direction of the market impulse and ranking them by strength. Configuration of the indicator is simple and intuitive. All you need to do is to react only to strong signals. Adhere to the money management rules. Description The Color Stochastic with an analytical panel indicator consists of the Stochastic indicator itself and the information/analytics panel. The indicator provides options for configuring the parame
65 USD
Median and Turbo renko indicator bundle
Artur Zas
Robust median Renko style indicator for creating custom charts resembling Median Renko, Mean Renko, Turbo Renko and Better Renko candles as well as vanilla Renko with wicks plus Point-O charts. This all in one package provides all of the signals needed by day traders, scalpers, and even long-term traders. Main characteristics The indicator is an overlay on the main chart so it is possible to utilize one-click trading and order manipulation directly on the custom charts. Visual order placement
45 USD
Advanced Currency Strength28 MT5
Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency moment
128 USD
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Versão 1.2 2020.09.15
- minor bug fix
Versão 1.1 2020.08.24
- added scanning for Parabolic SAR (pSAR) trend changes
- added separate RSI filter candle shift parameters for Fractals and pSAR