Fractal Channel Breakout MT4
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KEENBASE SOFTWARE SOLUTIONS
Keenbase Trading 致力于开发专业的 MetaTrader 4 和 MetaTrader 5 指标及智能交易系统（Expert Advisors），帮助全球交易者做出更加科学、更加理性的交易决策。
我们的产品将实用的交易逻辑与直观易用的设计相结合，重点关注稳定性、易用性以及完善的风险管理。每一款工具都经过严格测试，并针对真实市场环境进行优化，力求为交易者提供可靠且一致的使用体验。
无论您是手动交易者还是算法交易者，我们的目标都是提供能够简化市场分析、优化交易执行并提升交易信心的专业解决方案。 - 版本: 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.
