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VS Fractal MTF
The parameter in this indicator, only one is: «TF» ; it provides an opportunity to put the time-frame, fractals which a trader wants to see the current time period.
The default is zero, which means that the display will show all fractals only this time-frame's.
In order to activate the display of fractals with different time frames, it is necessary to note in this parameter the desired time-frame in minutes, say:
PHP Code:H1 = 60
H4 = 240
D1 = 1440
W1 = 7200
Quote:
Originally Posted by Tsar
This is the Right :
PHP Code:H1 = 60
H4 = 240
D1 = 1440
W1 = 10080
MN = 43200
Interesting...
when does it confirm...i mean it's 2 candles or 3 candles confirmation...
thanks
LineFractal
An indicator that alerts and draws a horizontal line to mark whenever a fractal is engulfed by a Candle close before another fractal prints in the same direction.
Please check out the FractalCyclePeriod indicator which can be used instead of the well-known Ehlers' Cycle Period finder - premium post to download:
Attachment 27573
FractalDimension_TR_v1.0 600+ indicator is on this post. This indicator was coded according to Stocks & Commodities V. 35:11 (18–21, 45): Estimating The Fractal Dimension Of Stock Prices by Mike B. Siroky, MD. How to use this indicator - read this post. The article related to this indicator - this post.
Attachment 29171
FractalDimention_TR_v1.0 indicator for MT5 is on this post. This indicator was coded according to Stocks & Commodities V. 35:11 (18–21, 45): Estimating The Fractal Dimension Of Stock Prices by Mike B. Siroky, MD. How to use this indicator - read this post. The article related - this post.
Attachment 29812
Quote:
The main rule of using of the FractalDimension indicator is: If the value is lower 1.5 then the market is in trending mode, in other case in cycling mode.
The fractal design that flag a bullish turn is a trough in the center, flanked by higher points either side. The fractal that flag a bearish turn in the market is a pinnacle, flanked by lower points on either side. Fractals are utilized as an indicator that affirms the presence or rise of a pattern. In progressively riotous markets, they can be useful in distinguishing an unmistakable value heading.
Simple iFractal EA - expert for MetaTrader 5
Attachment 40491
Quote:
This is a very simple (in terms of code implementation) Expert Advisor for the iFractal (Fractal) indicator. There can be only one position in the market. We check the signal only at the moment of the birth of a new bar. The position volume is always equal to the minimum lot. No trailing. If there is a BUY position on the market and We received a signal to open SELL: first we close the BUY position and only then we open SELL. If there is a SELL position on the market and We have received a signal to open a BUY: first we will close the SELL position and only then we will open a BUY.
Hi, Request to convert this indi to MT5.Quote:
Originally Posted by Tsar
Thank you
