The main differences of the indicator from the standard indicator of fractals in the sense of B. Williams:
1. There is a possibility of choosing the fractal’s shoulder (i.e. the number of bars to the left and to the right that are necessary for forming the fractal on an middle bar). For example, if the shoulder (FractalBars parameter) is set to 3, then 7 candles are necessary to form a fractal.
2. The horizontal lines are drawn from each formed fractal. These lines form so called “fractal” lines of support-resistance.
As a small digression I want to add that the usage of it together not with the three MA indicators (classic be Williams) but with the wonderful DEMA indicator shows the good (at least approximally good) results.
Indicis MT4 Download – Instructions
Fractal Levels is a Metatrader 4 (MT4) et essentia est transformare signum forex indicator historiae notitia congesta.
Fractal Levels provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Fundatur in hoc notitia, adjust motus et mensuram velocitatis negotiatoribus adhuc consilio rem secundum pretium.
How to install Fractal Levels.mq4?
- Download Fractal Levels.mq4
- Copy Fractal Levels.mq4 to your Metatrader Directory / peritorum / Indicatores /
- Aut Start sileo vestri Metatrader Client
- Select Chart et Timeframe ubi vis ut cognoscam experimentum vestrum indicator
- Quaerere “Consuetudo Indicators” plerumque in Navigator remanserit in Metatrader Client
- Right click on Fractal Levels.mq4
- Suggero ut a chart
- Temperare occasus aut press ok
- Indicator Fractal Levels.mq4 is available on your Chart
How to remove Fractal Levels.mq4 from your Metatrader 4 Chart?
- Lego Chart ubi est illud Indicis cursor in vestri Metatrader Client
- Vox click in Chartam
- “Indicatores album”
- Lego quod delete Indicis
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