The indicator draws support & resistance levels based on the last MN1, W1, D1, H4 and H1 fractals. Together with fractals indicator it makes detection of channel boundaries and breakouts very simple.
MT4 Indicator Download – Instructions
Fractal Support & Resistance Levels is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Fractal Support & Resistance Levels provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Fractal Support & Resistance Levels.mq4?
- Download Fractal Support & Resistance Levels.mq4
- Copy Fractal Support & Resistance Levels.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Fractal Support & Resistance Levels.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Fractal Support & Resistance Levels.mq4 is available on your Chart
How to remove Fractal Support & Resistance Levels.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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