Forex Fractal Different Levels Indicator
Forex Fractal Different Levels Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is Bill Williams fractals (swing highs / lows). Its source code uses fractals. It draws arrows on the chart and can send alerts. It has 20 settings, for example A1 (default ), period (default 200) and A2 (default ========================). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Fractal Different Levels Indicator
Forex Fractal Different Levels Indicator is an indicator for MetaTrader 4 based on Fractals. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 20 settings, such as A1, Period and A2. MQL source code included.
Files in the download: DiffFractals.ex4, DiffFractals.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| A1 | ||
| Period | 200 | Period or timeframe used by the calculation |
| A2 | ======================================== | |
| A3 | (0 - , 240 - 4, 1440 - D1, 10080 - W1) | |
| TF | 0 | Period or timeframe used by the calculation |
| A4 | ======================================== | |
| A5 | , | |
| Min bars | 4 | - |
| A6 | ======================================== | |
| A7 | ||
| Color1 | Red | Colour on the chart |
| Color2 | Yellow | Colour on the chart |
| Color3 | Blue | Colour on the chart |
| Color4 | Aqua | Colour on the chart |
| A8 | ======================================== | |
| A9 | : (0-3), , | |
| Comment corner | 2 | Comment written on the orders |
| Comment color | Yellow | Colour on the chart |
| Comment font size | 10 | Comment written on the orders |
| A10 | ======================================== |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Fractals · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code