Forex Lazy Fractals Binary Options Strategy
Forex Lazy Fractals Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to Bill Williams fractals (swing highs / lows). Its source code uses moving averages and fractals. It draws arrows on the chart and can send alerts. It has 6 settings, for example BBPeriod (default 155), Type MA (default 0) and Right Shift from Bar (default 4). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Lazy Fractals Binary Options Strategy
Forex Lazy Fractals Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average and 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 6 settings, such as Bb period, Type ma and Right shift from bar. MQL source code included.
Files in the download: Bulls Bears Power.mq4, CandleCountdown.ex4, CandleCountdown.mq4, Fine_Fractals.mq4, FractalBO-LazyInvestor.tpl, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bb period | 155 | Period or timeframe used by the calculation |
| Type ma | 0 | |
| Right shift from bar | 4 | Bar shift (0 = current bar) |
| Fine | True | |
| Flat shift | True | Bar shift (0 = current bar) |
| New f alert | False | Turn this alert on or off |
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 · Binary Options · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code