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Flexible Fractals Line

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!


      Comentários 1
      MAHMOUD SHWAISH
      2499
      MAHMOUD SHWAISH 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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      STE S.S.COMPANY
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      Vitalii Zakharuk
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      Yury Orlov
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      ACB Trade Filter MT5
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      KEENBASE SOFTWARE SOLUTIONS
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      Paul Geirnaerdt
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      InvestSoft
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      Configurable Dashboard Pro by RunwiseFX MT5
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      Runwise Limited
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      Powerful Hidden Cross Signal
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      Ellan Dirgantara Tholkhah
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      KT Currency Strength and Correlation MT5
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      KEENBASE SOFTWARE SOLUTIONS
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      Universal Reversal MT5
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      MAHMOUD SHWAISH
      2499
      MAHMOUD SHWAISH 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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