Latest Fractal Indicator Mt4 Free Download

Fractal Indicator is a technical analytic indicator developed by Mr. Williams. Mr. Williams is well known experience trader he has developed many indicators on the base of his knowledge.

Fractal Indicator:

 

Fractal Indicator is a pattern of 5 bars that indicate the change in the direction of market trend on past data because market always move in same pattern. Fractal is developed on concept of chaos theory or mathematics and developed on predefined rules.

When the candles breakout in higher position market is considered in upward direction and when market is breakout lower low it is downward direction.

Fractal Indicator has 3 different lines with name depending on their periods Jaw (blue), teeth (red), and lips (green). Fractal Indicator is famous on all platforms.

Fractal Indicator work on 5 bars two high higher and middle and low lower these candles change their pattern according to market direction. Fractal signals are as follow.

  1. When market forming a bearishtrend there is a pattern with the highest high in the middle and two lower low candles.
    • Two candles marking higher lows to the left
    • The fractal under the lower low
    • Two candles marking higher lows to the right
    • You need the fifth bar to close to discover the highest high or lowest low
  2. When market forming a bullish trend, there is a pattern with the lowest low in the middle and two higher high candles.
    • Two candles marking lower highs to the left
    • The fractal over the higher high
    • Two candles marking lower highs to the right
    • You need the fifth bar to close to discover the highest high or lowest low

Characteristics of Fractal Indicator:

  • Plateforme: MT4
  • Timeframe: short term few minutes, few hours
  • Use any forex pair of currency. (EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD, EUR/GBP, GBP/JPY, EUR/JPY, AUD/JPY, USD/CHF, XAU/USD)
  • Pattern: five candles top and bottom

Uses of Fractal Indicator:

Fractal Indicator is best to predict market trend. Fractal Indicator analyse market diversity and predict market turning point traders can stop loss and take profit here. This indicator helps to improve trading skills with its easier interface. Its structure in also suitable for automated trading software.

Fractal arrows indicate both up and bottom to traders so, they can place trade on uptrend or reversal. Longer time frames reduce signal traffic and market is clear on chart and reduce risk.

Fractal Indicator can determine trend entry point it indicate up and down trend with the help of arrows.

Fractal Indicator help to find support and resistance level. Fractal Indicator help in stop trade on given time frames using any forex currency but higher time frames are preferable. Traders only focus is trend and how to spot it? With the help of fractal, it is easier just lock at chart and find high and low.

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