Log in
Click to evaluate:
Unable to add your comment. Please try again later.
Your opinion is really important to us

iFractals MT4 Indicators

iFractals MT4 Indicators


MT4 Indicators
Rating: 0
Designed for traders, who use fractals in their trading systems. Provides free Forex trading signals.

Function and application

This indicator is designed for traders who use or want to use fractals in their trading systems. It will help both those who trade manually, and those who automates trading with advisers.

iFractals extends the capabilities of standard MetaTrader4 Bill Williams
Indicator . Using it, you can specify an arbitrary number of bars that are used to calculate the fractal: to the right of the current bar and to left. Thus it is possible to use non-standard variations, for example 5 bars to the left, 3 to the right. The indicator plots the fractal channel, with capability to remove a specified number of points from fractals. This and a built-in moving average indicator provides filtration of unnecessary breakdowns.
In the breakdown of fractal indicator provides sound signals and stands on a plot of these breakdowns of the points (buffer values ​​Buy, Sell), which can then be used in the EA or other indicators.



Parameters of the indicator

Bars.Right = 2 The number of bars to the right from current used to define the fractal.

Bars.Left = 2 The number of bars to the left from current used to define the fractal.

Mode = 0 Fractal plot mode. Value 0: on bar extremes (high, low), value 1: on bar body (open, close)

ChannelDistance = 0 Amount of points in chnnel spread (useful for filtering false fractal breakdowns, prescribed depending on volatility of the instrument).

MA.Period = 21 The averaging period for calculating the moving average, an additional filter for false fractals:  upper fractals, which are below the moving average and lower fractals, located above the moving average, do not display. If set to 0, moving average is not plotted.

MA.Method = 0 Averaging method. Can be any of moving average value methods: simple moving average (0), Exponential Moving Average (1), smoothed moving average (2),linear weighted moving average (3).

MA.AppliedPrice = 0 Used price. Can be any of price constants: close price (0), open price (1), maximum price (2), minimum price (3), average price (4), typical price (5), weighted close price (6).

Alert_ = true Parameter that enables/disables sound allert on channel breakdown.

DrawChannelPrice = true Parameter that enables/disables the display of texts marks of the price channel.

Evaluate product:

Related items

MT4 Indicators
Allows you to see all necessary trading conditions.
$ 0
MT4 Indicators

Designed for those who prefer multi-currency trading, arbitrage, those, who want to test their ideas and trading strategies for concrete periods of time.

$ 0
MT4 Indicators
The indicator allows you to monitor critical level of free margin on the account.
$ 0
MT4 Indicators
Indicator forms a histogram of quotes accelerations for each bar of the trading instrument, and shows when quotes come faster than in the previous period.
$ 0
Already have an account in your company?
In order to purchase a product, you need to log into the Personal Area
Did not work with us yet?
In order to conclude purchases in the shop, you need to open account and verify personal details

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.